Then Peter Sands, the bank's chief executive, came to watch them, and now the bank pays for sports shoes.

ECONOMIST: Sport and sponsorship are not always about fame and fortune

The bank's chief executive, Peter Sands, said on a conference call that the capital raising would help the bank pursue "significant opportunities" in its markets.

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Peter Sands remains the CEO of Standard Chartered Bank.

FORBES: It Is Time For Real Bank Clawbacks

Peter Sands, the boss of Standard Chartered, an emerging-market leader, argues that there are swathes of the industry doing blameless but critical things like cash management and trade finance for companies that fall outside the definition of narrow banking.

ECONOMIST: The contract between society and banks will get stricter

Potential targets include producers in the Canadian oil sands such as Canadian Natural Resources and Nexen, said Peter Churcher, executive vice president of Eagle Energy and a former executive with the Abuu Dhabi National Energy Company.

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