Bank Bali's new bosses face a revolt. From: Business Asia | Date: November 22, 1999 | COPYRIGHT 1999 First Charlton Communications Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The message from staff at PT Bank Bali to their new boss could not be clearer: stickers in the bank's main lobby declare it a "Standard Chartered Free Zone."

No matter that UK-based Standard Chartered Bank has been in Indonesia since 1863 and is the first international lender to bail out a local bank. Many Bank Bali staff see it as a foreign invader bent on sucking them dry.

"There is no compromise. We want Standard Chartered out," says Eddy Kurniawan, who ha...

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