Financial Times FT.com

StanChart renews bail-out offer for Whistlejacket

By Peter Thal Larsen, Banking Editor

Published: February 14 2008 02:00 | Last updated: February 14 2008 02:00

Standard Chartered has made a renewed offer to bail out its $7.2bn (£3.7bn) offbalance sheet vehicle after it was forced into receivership this week.

People familiar with the matter said StanChart yesterday made two separate proposals to Deloitte, which was appointed as receiver of the vehicle, Whistlejacket.

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