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Standard Chartered Private Bank Head Leaves
Standard Chartered Head of Swiss Private Banking is set to leave. Mark Hirst job has been made redundant when Standard Chartered decided to exit Switzerland and move the client assets to other places such as London and Dubai. The bank will no longer be in the Geneva banking landscape & the trust business will now be centralised in Singapore.
Hirst was also the head of trust and fiduciary arm in Guernsey, which is in the process of being wound down.
News Source: Finews Asia
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About Standard Chartered
Standard Chartered Bank (LSE:STAN) was formed in 1969 through the merger of two separate banks, the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China. These banks had capitalised on the expansion of trade between Europe, Asia and Africa. Operating in around 67 markets around the world, Standard Chartered Bank provides a wide-range of products and services for personal and business customers and generates more than 90 percent of income and profits from Asia, Africa, and Middle East.
- Origin : London, UK
- Assets : $ 640.48 billion
- Revenue : $ 15.29 billion
- Employees : 84,000
Official Website: www.sc.com
News & Media: Press Release
Updated on 8th August 2016
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