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#StanChart

Every story tagged #StanChart on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

59 stories in this topic

StanChart
Finance
1 min read

StanChart Names Global Head of Transaction Banking FX

Standard Chartered appoints its global head of transaction banking FX to further collaboration between transaction banking and markets. Jocelyn Tan has been named to the Singapore-based role, according to a report by efinancialcareers, which noted that she…

StanChart 2 scaled
Finance
1 min read

StanChart Names Chief Information Officer for Retail Banking

She takes over Paul Macpherson, Chief Information Officer, CPBB since 2018, who will be leaving to pursue opportunities outside the bank. Standard Chartered has appointed Anshu Sharma Raja as chief information officer, Consumer, Private & Business Banking…

StanChart 2 scaled
Finance
1 min read

StanChart Partners Templeton for Retirement Planning App

Available on Google Play and Apple’s App Store, «Autumn» integrates wellness with wealth management on an independent and bank agnostic platform. SC Ventures, the innovation and ventures unit of Standard Chartered, has launched «Autumn», a digital wealth,…

StanChart
Finance
1 min read

StanChart Keeps Affluent Clients Engaged Amid Border Closures

The bank is deploying digital functionalities to keep clients stay engaged with relationship managers and investment advisors while travel is halted. Since April, almost half of its affluent clients have been using the bank’s My RM app, with significant usage…

StanChart
Finance
1 min read

StanChart Beats Forecasts with Improved Impairments

Credit impairments fell sharply at Standard Chartered, enabling the growth market-focused lender to beat analyst estimates and deliver profitability in the first quarter. Standard Chartered posted pre-tax profits of $1.4 billion, according to its latest…

StanChart
Finance
1 min read

StanChart Expands Hiring Efforts in Hong Kong

Standard Chartered plans to hire about 400 staff in Hong Kong this year as part of the ongoing expansion of its retail baking and wealth management business. The Asia-focused lender’s hiring plans are part of its strategy to tap demand from affluent customers…

StanChart
Finance
1 min read

StanChart Wealth Planning App Debuts in Singapore

The bank joins other players in providing digital wealth advisory with its new SC Goals Planner app, now available on SC Online Banking and SC Mobile. Standard Chartered has launched a free, do-it-yourself online financial planning solution developed in…

StanChart
Finance
1 min read

StanChart Names Global Head of Private Banking

Standard Chartered has hired a former UBS executive to oversee its private and affluent banking business worldwide. Raymond Ang has been named global head of private and priority banking at the Asia-focused British lender, according to a statement, pending…

StanChart
Finance
1 min read

StanChart Eyes Nearly 1,000 New GBA Jobs

Standard Chartered unveiled growth targets for its Greater Bay Area business, including the addition of nearly 1,000 new jobs. The Asia-focused British lender will grow its Greater Bay Area (GBA) headcount from 1,4000 now to 2,500 in 2023, according to its…

StanChart 2 scaled
Finance
1 min read

StanChart Revamps Hong Kong Branches

Standard Chartered continues making transformations to its physical presence in Hong Kong, including plans to revamp its branches in the city. Standard Chartered will revamp its Hong Kong branches with plans to create paperless services with more…

StanChart 2 scaled
Finance
1 min read

StanChart Profits Plunge and Miss Estimates

Profits at Standard Chartered more than halved in 2020 and miss analyst estimates, according to its latest annual results. Standard Chartered posted $1.61 billion in pre-tax profits for 2020, a 57 percent plunge compared to 2019’s $3.71 billion. It also…

StanChart
Finance
1 min read

StanChart CEO Signals He Will Stay on the Job

Despite rumors of Bill Winter’s potential exit, the 59-year old chief executive said he would stay with Standard Chartered following a 2020 that saw profits miss analyst targets and plummet 57 percent. Although rumors of an exit emerged earlier this year with…

StanChart
Finance
2 min read

StanChart Sheds Office Space in Hong Kong

Standard Chartered will give up several floors in the main offices of the Hong Kong central business district as banks continue to adapt to the post-covid environment. Standard Chartered will give up the lease on eight floors of its Standard Chartered Bank…

StanChart
Finance
1 min read

StanChart Nets Ex-Bank of Singapore Relationship Manager

Standard Chartered hires a new private banker focused on the Singapore market, formerly from Bank of Singapore, according to a note. Suresh Nair joins Standard Chartered as a senior client partner for private banking, according to the note, effective as of…

StanChart
Finance
1 min read

StanChart Explores Second Digital-Only Bank

Standard Chartered said that it was considering another digital-only bank based in Singapore – similar to MOX in Hong Kong – after receiving recognition by local regulators to receive preferential treatment as a foreign lender earlier this year. Standard…

StanChart 2 scaled
Finance
2 min read

StanChart Streamlines Business in Global Restructuring

Standard Chartered announces a reorganization into fewer but larger units and also confirms the exit of its global wealth head. Effective January 1 next year, Standard Chartered will combine the private banking business with retail banking and wealth…