The bank's move to sell its India and Emea wealth units may make sense short-term, but could create larger exposure to domestic and Pacific Rim shocks, says Scorpio Partnership.
Tag : standard chartered
Bangladesh has a vibrant economy and expanding industrial sectors that are eager to attract foreign investment.
Standard Chartered is rolling out trustee services in four markets, hoping to capture more of the local mutual-fund custody business.
KKR opens in Singapore; Perpetual brings in Michael Gordon; First State rehires in property securities; Axa IM appoints economist; Standard Chartered adds in transaction banking.
Early use of offshore RMB-denominated bonds and other local securities as collateral for cross-border repurchase agreements holds promise that Asia’s repo market will develop.
Through a partnership with JP Morgan and Euroclear, the HK central bank is to offer collateralised cross-border lending on RMB.
The bank's Singapore-based head of funds research is set to leave, and recruiters suspect we are poised for a round of cuts in a tough market for product-focused staff at firms in Asia.
Standard Chartered is forecasting the dim sum bond market will have increased five-fold by the end of this year. The drivers are seen as a combination of regulatory and environmental.
Ryan Gwee now heads up China for Standard Chartered Private Bank, while Mark Stadler will run the Middle East and North Africa for HSBC Private Banking.
Its new global head, Shayne Nelson, and newly named head of the West region, Stephen Richards Evans, talk about changes they see in the private wealth market following an internal reshuffle.
Experts argue markets are not taking into account likely sharper demand for oil and natural gas and a potential supply crisis in coal, copper and iron ore.
Demand is rising among Asian corporate and institutional clients for commodity hedging and investments, and dealing desks in Singapore are bulking up.