TOPIC

/ company

Standard Chartered Bank

Standard Chartered is one of Hong Kong's biggest banks. Its name is derived from the two banks from which it was formed in a merger in 1969: The Chartered Bank of India, Australia and China, and Standard Bank of British South Africa. Its headquarters are located in London.

Chairman / President

José Viñals

CEO / Managing Director

Bill Winters

CFO / Finance Director

Diego De Giorgi

Industry

Banking, Financial services

Website

sc.com

Headquarters address

1 Basinghall Avenue, London, EC2V 5DD, United Kingdom

Stock Code

LSE:STAN, SEHK:2888, NSE:STAN

Year founded

1969

last updated:

30 September, 2024

Standard Chartered Bank

Hong Kong employers seek more relationship managers and data analysts next year

Human resource professionals also say customer due diligence officers are in demand.

Hong Kong banks cut lending rates, but HKMA warns of volatility ahead

Hong Kong US$2.7 billion infrastructure bond offering is undersubscribed

Luxe Dining Edit: 5 festive Hong Kong restaurant promotions this winter

Standard Chartered Cathay Mastercard holders can enjoy gourmet dining deals at top restaurants from December 1 to February 28, 2025.

Luxe Dining Edit: Make merry this winter in Hong Kong with 5 promotions

Standard Chartered Cathay Mastercard holders can enjoy gourmet dining deals at top restaurants from December 1 to February 28, 2025 – from Cantonese feasts to Champagne brunches.

‘Markets will equilibrate’ despite US tariffs, Standard Chartered CEO says

‘Globalisation is going forward. Trade remains enormously beneficial to the world, and everybody understands that,’ Winters says.

Citigroup CEO meets Chinese officials as Beijing touts financial market reforms

Fraser said the Wall Street bank will ‘further its participation in the market to help promote US-China economic ties and trade’.

‘China plus one’ strategy to boost Asia’s growth amid Trump’s trade war

Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost Asia’s growth, HSBC’s Elhedery says.

Hong Kong to issue HK$20 billion retail infrastructure bond

The bond, which have a tenor of three years, will provide assured returns of 3.5 per cent to be paid every six months.

Hong Kong’s base interest rate drops to 5% in second cut

Together with the half-percentage-point cut in September, Hong Kong’s key rate has now fallen back to February 2023’s level.

Standard Chartered’s Priority Private emphasises financial goals and lifestyle experiences

Priority Private marked its fifth anniversary with an exclusive suite of global experiences for its clients and their upcoming generations.

Chinese market regulator grants HSBC domestic fund custody licence

Lender joins four other foreign banks with right to provide custody services to onshore funds domiciled in mainland China.

Standard Chartered to focus on wealth business, sell units after upbeat earnings

Net profit for the June to September period handily beat analysts’ estimates of US$886 million.

Exclusive | Hong Kong to turn bankers’ summit into calendar ‘anchor’ on popular demand

The summit is pivoting from the publicity objective of its 2022 inaugural edition to making Hong Kong the venue to discuss issues that affect global banking.

Hong Kong banks pledge US$47 billion in loans for struggling SMEs

SMEs will be able to access necessary financing to cope with the city’s evolving business environment, HKMA deputy CEO Arthur Yuen says.

Hong Kong banks lure mainland clients with special incentives during golden week

Hong Kong banks are pulling out all the stops to attract mainland tourists, offering everything from fireworks dinners to golf with famous players.

Lower costs, stronger EM links boost yuan’s appeal in trade finance, bank says

The yuan’s funding costs for trade finance are about 3 percentage points lower than loans priced in the US currency, Standard Chartered says.

High level of yuan deposits cements Hong Kong’s offshore hub role

Improvement in equity-market sentiment and companies’ increasing need for yuan are driving the surge in deposits, according to analysts.

Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market

Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.

Hong Kong banks pledge to ease loans in HKMA’s plan to help SMEs

Hong Kong’s business owners are cash-starved, as interest rates hover at the highest level in almost two decades.

Standard Chartered to revamp M&A team to focus on target sectors, efficiency

The Internal revamp at the UK lender will eliminate 20 roles globally and double the number of M&A bankers to 100, according to a Reuters report on Monday.

Hong Kong virtual bank Mox starts bitcoin, ether ETF trading

Mox says it is the first virtual bank to offer spot cryptocurrency ETFs as part of an effort to offer a holistic banking and investing solution to customers.

Hong Kong to explore easing visitor rules with 3 Asean countries, John Lee says

City leader says ‘fruitful’ six-day trip to Laos, Cambodia and Vietnam resulted in 55 cooperation agreements and promoted people-to-people exchanges.

Standard Chartered announces record share buy-back after profits beat estimates

The Hong Kong-listed bank, which reported a 15 per cent increase in second-quarter pre-tax profit to US$1.8 billion, said it would buy-back US$1.5 billion of shares.

Banks need more government help to backstop SMEs’ finance needs: HSBC co-CEO

Big data, AI and blockchain tech are raising financial inclusivity, top Moody’s and Standard Chartered executives say at Lujiazui forum.

No relief for borrowers as six Hong Kong banks keep interest rates unchanged

HSBC, Hang Seng Bank, BOCHK, DBS, Standard Chartered and Citibank all kept their rates the same in the wake of the Fed’s decision on Thursday.

Hong Kong keeps base rate steady as Fed dials back signal

Hong Kong’s de facto central bank kept its base rate unchanged for the seventh time as traders in the financial markets shift their focus to September in expectation of the first cut in borrowing costs.

Hong Kong’s Swap Connect a key puzzle piece for overseas investors, bankers say

Enhanced mechanism set to boost international investors’ confidence in the onshore bond market and further internationalise the yuan, according to industry experts.