Barclays Private Bankers Leave for Standard Chartered
More than 10 Barclays Relationship Managers in Hong Kong are heading to Standard Chartered before the the business is transferred to OCBC. It is expected that about 20 Barclays relationship managers will join OCBC’s private banking unit in Hong Kong.
Despite the loss of some Barclays private bankers in Hong Kong, “almost all” Singapore wealth managers will be transferring to OCBC by the end of the year.
News Source: Bloomberg
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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