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Standard Chartered aims to boost its market share amongst next-generation users with the launch of its digital bank. The bank has three times more market share amongst older clients than those in their twenties and thirties, according to a report citing…
Its investment aims to enhance its joint supply chain ecosystem proposition and provide suppliers with access to affordable and convenient financing. Standard Chartered has made a strategic investment into Linklogis – the bank’s first investment in a supply…
Standard Chartered ups the transparency of global payments with the introduction of a public portal for real-time tracking. The new portal, SC GPI Track will trace cross-border payments processed through the bank’s major clearing centers to their clients and…
The bank has brought on board a financial and telecommunications services technology risk, regulatory and security leader to support its business, functions and regions. Standard Chartered has hired technology expert David McLinton as its global head of…
Standard Chartered recently announced its commitment to combat climate change with real and substantial anti-coal financing policies and even exited three controversial power plant deals. Standard Chartered Group will only support clients who actively…
Standard Chartered posted a pre-tax profit of $1.11 billion, beating consensus estimates of $1 billion and resiliently reaping the rewards of its multi-year cost-cutting exercises. The bank recorded a net profit of $727 million in the three months ended…
Standard Chartered recently opened its second eXellerator innovation lab in Hong Kong which will focus on developing solutions for its corporate, commercial and institutional banking clients. Located in the central business district, the new lab differs from…
Digitalization in trade finance continues to gain momentum in Asia with Standard Chartered adding another industry milestone, partnering with tech firm Traydstream to leverage their trade document matching service capabilities. In order to help clients shift…
The solution combines Internet of Things (IoT) and cloud capabilities so the bank will be able to track the movement of goods on a real-time basis, reducing operational risks and providing reliable data that can be used in financing decisions, Standard…
Singapore remained one of the few bright spots for Standard Chartered last year amid huge losses elsewhere. Profit before tax in Singapore was US$567 million (S$796 million) in the 12 months to Dec 31, down 33.4 per cent year-on-year but still the second best…
The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore. As one of the bank’s regional hubs with operations spanning commercial, retail and private banking and wealth management, Singapore has had to…
