Standard Chartered aims to boost wealth assets to $200 billion, focusing on affluent Asian clients.

Standard Chartered plans to target $200 billion in new wealth assets and double-digit income growth over five years, focusing on affluent Chinese and Indian clients with cross-border needs. The bank will expand its relationship manager team by 50% by 2028, upgrade branches, and invest in technology. This shift towards higher fee-earning businesses mirrors a strategy also adopted by HSBC.

4 months ago
10 Articles