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Retail Asia24/11/2021

He relocates to Singapore from Sydney, where he spent four years as a senior manager, solution architecture, at Amazon Web Services (AWS). Standard Chartered has appointed technologist Brendan Royal as its global chief architect, according to a report on «eFinancialCareers.» Royal has over 20 years of experience in financial services across retail, wealth and corporate banking, specializing […]

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Retail Asia03/11/2021

Significantly lower credit impairments coupled with positive business momentum led to a surge in Standard Chartered’s pre-tax profits for the third quarter. Standard Chartered posted $1.075 billion in pre-tax profits for the third quarter, according to its latest results, marking a 44 percent year-on-year increase. Not unlike its regional peers throughout the year, the reduction of credit impairments […]

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Retail Asia02/11/2021

Significantly lower credit impairments coupled with positive business momentum led to a surge in Standard Chartered’s pre-tax profits for the third quarter. Standard Chartered posted $1.075 billion in pre-tax profits for the third quarter, according to its latest results, marking a 44 percent year-on-year increase. Not unlike its regional peers throughout the year, the reduction of credit impairments […]

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Retail Asia01/11/2021

The bank’s branch in Indonesia has announced a partnership to offer Buy Now, Pay Later (BNPL) loans to the mass market segment via digital channels. Standard Chartered will offer small-ticket loans to customers in Indonesia via its partnership with Kredivo – one of the country’s largest and fastest-growing digital credit platforms, the bank announced on Thursday. While Standard […]

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Retail Asia25/10/2021

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Standard Chartered has hired the former Singapore chief executive of J. Safra Sarasin to lead its South Asia private banking segment. Vinay Gandhi joins Standard Chartered as its regional head, ASEAN and global head, global South Asian community, private banking, according to a statement, subject to regulatory approval. Based in Singapore, Gandhi will report to global […]

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Retail Asia14/10/2021

The bank has entered a 10-year multi-product strategic partnership with Buy Now Pay Later (BNPL) brand Atome to deliver a wide range of financial services to consumers and merchants across key markets in Asia. The partnership, which aims to deliver mobile-first financial services for consumers across Asia, includes a planned $500 million financing to support Atome […]

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Retail Asia07/09/2021

A StanChart veteran has been appointed to lead its digital-only bank in Singapore. Standard Chartered Singapore’s head of consumer, private and business banking, Dwaipayan Sadhu, has been appointed CEO of the bank’s new digital venture with NTUC Enterprise, details of which were released on Monday. Sadhu, who has more than two decades of experience across wealth […]

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Retail Asia26/08/2021

Taipei-headquartered XREX has named a managing director in Singapore as it sets its sights on expanding its platform in the region. Taipei-headquartered XREX has appointed Christopher Chye as managing director of XREX Singapore and director of product. In this dual role, he will oversee XREX’s businesses and operations in Singapore and play an instrumental role in bringing new […]

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Retail Asia25/08/2021

Taipei-headquartered XREX has named a managing director in Singapore as it sets its sights on expanding its platform in the region. Taipei-headquartered XREX has appointed Christopher Chye as managing director of XREX Singapore and director of product. In this dual role, he will oversee XREX’s businesses and operations in Singapore and play an instrumental role in […]

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Retail Asia20/08/2021

Standard Chartered added a private banker focused on the south and southeast Asia market, joining most recently from Bank of Singapore. Standard Chartered Private Bank appoints Lawrence Goh as managing director and deputy market head for ASEAN and South Asia, according to a statement. Based in Singapore, Goh reports to Cedric Lizin, regional head, private banking ASEAN & […]

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Retail Asia09/08/2021

Standard Chartered is planning to open a green branch in Hong Kong as part of its ongoing push for sustainable finance. The new branch will be fully paperless and offer a wide range of green banking products, according to Standard Chartered’s Hong Kong chief executive Mary Huen during a media briefing. Funds held in green deposits will […]

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Retail Asia03/08/2021

Standard Chartered Private Bank has expanded its Southeast Asia unit with the addition of a relationship manager from rival HSBC. Nipud Sud joins Standard Chartered Private Bank as an executive director and relationship manager, according to a note, effective August 2. Based in Singapore, Sud reports to senior client partner Suresh Nair who joined the bank in […]

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Retail Asia03/08/2021

Pre-tax profit at Standard Chartered rose in the first half and beat analyst estimates, resulting in the resumption of interim dividend payments. Standard Chartered registered $2.68 billion in pre-tax profit, according to its latest first-half results, marking a 37 percent increase compared to $1.95 billion in the same period last year. The bank’s $2.55 billion in […]

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Retail Asia15/07/2021

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 was an internal appointee though the role was advertised externally. Tan will be tasked with driving FX cross-selling […]

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Retail Asia05/07/2021

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 (CPBB), the bank announced on Friday. Raja joined the bank in 2018 as managing director, global head of Retail Banking […]

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Retail Asia10/06/2021

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, health, and lifestyle solution that provides users with tools, products, and services to plan and manage their financial […]

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Retail Asia07/06/2021

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 from International Banking clients, Standard Chartered said. Embedded within its online and mobile banking platforms, […]

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Retail Asia30/04/2021

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 results, marking an 18 percent increase compared with $1.2 billion last year. It also beat compiled analyst forecasts of $1.08 billion. […]

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Retail Asia20/04/2021

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 for wealth planning, according to a report citing Hong Kong head of […]

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Retail Asia16/04/2021

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 collaboration with Singapore-based fintech BetterTradeOff, which advanced leverages data analytics for clients to make data-led decisions […]

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