BUZZ-StanChart: shares jump another 5 pct

** Standard Chartered poised for their best 2-daygain in nearly 2-1/2 years after shares jump another 5 pct

** Sweeping management changes likely to be the catalyst forfunds that had stayed away even as valuations got down todistressed levels, on Asian broker says, adding current strengthdown to short-covering ahead of this flow

** Stock is top performer on the FTSE on another dayof healthy activity with about $100 mln traded by late morning.Volumes already about 3/4th a daily average

** StanChart announced a boardroom clearout on Thursdaywhich led to the departure of CEO Peter Sands, its Asia head,its chairman and three non-executive directors

** CLSA says assumption is that Bill Winters, who takes overin June, will conduct a material re-basing of the book andpotentially a capital raise to shore up liquidity

** StanChart currently trades at 0.8 times book value vs 0.9times and 1.2 times for HSBC and Lloyds Bank respectively (RM: vikram.subhedar.thomsonreuters.com@reuters.net)