Standard Chartered PLC Retail Banking Investor Seminar Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Martin Leitgeb - Goldman Sachs Group Inc., Research Division - Analyst : Yes. Martin Leitgeb from Goldman Sachs. Two questions, please. And the first one is just to come back to the growth opportunities within the retail franchise. And we discussed a lot to grow opportunities within the different products, wealth management, deposits and the various countries. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. MAY 30, 2018 / 12:00PM, STAN.L - Standard Chartered PLC Retail Banking Investor Seminar But I wanted to ask you if you look at the different countries, which countries are you most excited about in terms of growth opportunities going forward? Which countries do you think can make the biggest revenue contribution in terms of your grow ambition for income going forward. And the second question is about scope for M&A, M&A, probably in a more smaller sense, portfolios, maybe some smaller wealth management product portfolios and so forth. Just looking at Standard Chartered, an abundance of capital and funding at this stage. Do you see scope for very selective M&A within certain product areas and regions? Or is your focus on products affluent, such that that would then principally exclude any -- realistically, any form of M&A?