Standard Chartered

THE FINISH LINE

‘Important to remain involved’: Why StanChart didn’t walk away from the Singapore Marathon

The former long-time title sponsor is now the event’s official bank partner with the naming rights to the popular 10 km race

Standard Chartered projects that the global tokenised real-world assets market, excluding stablecoins, will surge to US$2 trillion by 2028.

How digital asset custody is the next backbone of digital finance 

Safe storage and management of digital assets is more important than ever in highly digital economies

Gift City has increasingly drawn business from Asia’s more established financial centres such as Hong Kong and Singapore.

Talent fight heats up in India finance hub as DBS, Standard Chartered chiefs quit

Global banks are expanding their presence in Gift City, lured by tax incentives and a lighter regulatory framework

USD-pegged stablecoins such as Tether currently make up about 98% of the global stablecoin market.

Non-US dollar stablecoins can thrive where financial inefficiencies remain, including in Asean: StanChart

The bank’s digital assets executives back faster settlement across remittance corridors as a main use case

President for international Benjamin Hung says Standard Chartered is “in a compounding phase of growth”.

StanChart sees growth opportunities as firms reduce ‘single points of vulnerability’

The shift is driving demand for cross-border banking in Asia, Africa and the Middle East, says a bank official

Standard Chartered Bank is among the first major global banks to explicitly link planned job cuts to AI adoption.
COMMENTARY

What the furore over ‘lower-value human capital’ reveals about AI and the future of banking

Lenders are learning that the artificial intelligence transition requires more than charting productivity gains

Standard Chartered CEO Bill Winters wrote in a LinkedIn post on Friday that he recognised his “choice of words” has “caused upset to some colleagues.” 

StanChart CEO apologises for ‘lower-value’ comments after outcry

The CEO’s remarks drew condemnation on social media and across Asia

In his Wednesday memo to employees, StanChart CEO Bill Winters adopted a more empathetic tone.

StanChart CEO reassures staff after ‘lower-value human’ backlash

Winters’ remarks drew condemnation on social media and across Asia

HSBC is looking into cutting around 20,000 jobs based on an assumption that AI will help it downsize its middle and back offices.

Bank CEOs’ AI obsession collides with warning from watchdogs

The question of how to regulate AI is evolving across jurisdictions

StanChart did not provide a comment on how many of the roles may be cut from its Singapore office.

StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally

It will cut more than 15% of its global corporate function headcount; the impact on Singapore roles is still unclear