The Financial Times article says, "StanChart executives yesterday offered renewed apologies for their failure to rescue Whistlejacket, which collapsed into receivership this month and is now in the process of being wound up." It quotes Peter Sands, Standard Chartered'​s chief executive, "​The complexities of the post-​receivership situation and the continuing movements in asset classes made it very difficult to work out how to get to a solution.... We are acutely aware that some of our customers - like us - have taken some losses."

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