You are here

StanChart says its US$100b AUM target is still on track

StanChart's private banking clients now have an average AUM of US$20 million, says Didier von Daeniken, global head of private banking and wealth management. The bank's initial target market was clients with at least US$5 million.


STANDARD Chartered said it is on track to grow its private banking assets to US$100 billion in the next two to four years, even as the virus fallout continues to roil global markets, a senior executive from the bank told The Business Times.

This comes as the bank has been...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to