Asia a transaction banking goldmine for StanChart
Singapore
ASIA's burgeoning economies are often the only growth engine for many multinationals and that in turn has helped boost Standard Chartered Bank's transaction banking business.
"Transaction banking is doing very well, revenues grew double digits in first half year-on-year," said Alex Manson, StanChart global head of transaction banking.
TRENDING NOW
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce