The assignment content is about Standard Chartered Bank (Hong Kong) facing financial problems in the Cost to Income Ratio (C/I ratio). The C/I ratio measures the cost of running an organization compared to its operating income, with a lower ratio indicating better efficiency. SBC Hong Kong Limited has the highest C/I ratio among top 10 locally licensed banks in the region, which could lead to losses if not addressed. To reduce this ratio, the bank is implementing strategies such as clarifying accountability and centralizing functions, eliminating duplication of tasks, introducing digital solutions, optimizing management levels, and conducting risk assessments.