Benjamin Hung, chief executive officer for Hong Kong at Standard Chartered Plc, reacts during a news conference in Hong Kong, China, on Tuesday, Aug. 6, 2013. Standard Chartered, the U.K. bank that makes about three quarters of its earnings from Asia, posted a 24 percent drop in first-half profit after writing down the value of its Korean business by $1 billion. Photographer: Lam Yik Fei/Bloomberg via Getty Images