standard chartered reported selling hk
Standard Chartered is looking to sell its Hong Kong consumer finance business, PrimeCredit, as part of a strategic repositioning, according to a published reports. The bank declined to comment.
Standard Chartered is looking to sell its Hong Kong consumer finance business, PrimeCredit, as part of a strategic repositioning, according to a published reports. The bank declined to comment.
Standard Chartered has recruited Michael Benz from rival Julius Baer to become its new group head of private banking based in Hong Kong.
Standard Chartereds finance director Richard Meddings is leaving at the end of June in a surprise departure as part of a major reorganisation at the Asia-focused banking group.
Standard Chartered Bank is facing an investigation by the police and regulators in Singapore, after the February 2013 account statements of some 647 its private bank clients were stolen.
Investors Trust Assurance has agreed to buy Standard Chartered’s Cayman Island Trust business, in a bid to expand its offshore Latin American customer base and products.
Standard Chartered Bank is to sell domestic mutual funds in China, becoming one of the first foreign banks to do so in the country.
Standard Chartered is reportedly planning to expand its transaction banking business into new countries in order to capture global trade flows which are increasingly shifting east.
Standard Chartered has hired Dan Azzi as chief executive of its Lebanon business, replacing Pik-Yee Foong who has left to join Hong Leong Bank in Malaysia.
Standard Chartered Bank is to use Dubai as a hub to build on growing trade between emerging markets, with plans for more regional expansion in Africa and the Middle East, a top executive at the company has said.
Standard Chartered is in talks to buy Morgan Stanley’s Indian wealth management arm, it emerged yesterday.
Standard Chartered Bank has launched an Islamic version of its online banking platform, Straight2Bank which will be offered in the United Arab Emirates, Bangladesh, Bahrain, Pakistan and Malaysia.
Standard Chartered is expanding its Shariah banking operations in the United Arab Emirates and Bahrain, just a few weeks after HSBC announced it would be pulling out of the region.