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StanChart targets the wealthier in retail bank revamp

One key initiative for StanChart will be the rollout of an iPad-based platform for recruiting new clients in 10 markets this year and another 10 markets in 2016.

Hong Kong

STANDARD Chartered plc (StanChart) will shift its retail bank's focus from mass market to affluent customers and urge more clients to go online as part of a broader restructuring, a senior executive told Reuters.

StanChart's retail business is one of the first divisions...

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