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StanChart banks on international ties amid demand for cross-border wealth needs: James Lye

It is part of the lender’s wider strategy to grow its affluent client business

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Tan Nai Lun

Tan Nai Lun

Published Wed, Jun 5, 2024 · 07:32 PM
    • StanChart's James Lye says: “We are almost like a local bank everywhere. It’s not a magic formula that people cannot copy. But having that presence, the history and the relationship with clients through generations is not so easy to do.”
    • StanChart's James Lye says: “We are almost like a local bank everywhere. It’s not a magic formula that people cannot copy. But having that presence, the history and the relationship with clients through generations is not so easy to do.” PHOTO: STANDARD CHARTERED BANK

    INTERNATIONAL banking is increasingly becoming a key driver for Standard Chartered Bank’s affluent business, as more clients look for wealth offerings outside of their home jurisdictions, said James Lye, StanChart’s global head of international banking.

    “Increasingly, (clients’ needs and our international corridors) play a part in driving where our growth is,” Lye said on Wednesday (Jun 5).

    StanChart’s international banking proposition is part of its wider strategy to grow its affluent client business and in the wealth management space.

    Standard CharteredWealth managementBanks

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