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Standard Chartered cutting roles across London, Hong Kong, Singapore

Standard Chartered is trimming jobs to save costs amid a dealmaking drought

Standard Chartered’s move in a tough market follows a string of Wall Street banks that have taken the axe to headcount to reduce costs

Bloomberg via Getty Images

Around a hundred jobs are set to go at Standard Chartered as part of a wider plan to trim some $1bn in costs, including a few London-based managing director roles.

Some junior staff are at risk as well, among the cuts of around 100. The number is not yet finalised, Bloomberg reported.

The bank is targeting roles in its middle office functions....