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flag Standard Chartered targets US$200 billion in wealth management, emphasizing AI and hiring in Hong Kong.

flag Standard Chartered aims to attract US$200 billion from wealthy clients over five years, focusing on AI development and hiring more wealth managers, especially in Hong Kong. flag CEO Bill Winters highlighted the city's importance and plans to invest US$1.5 billion in wealth management, driving a 19% profit increase in 2024. flag The bank will use AI for fraud detection, anti-money-laundering, and enhancing client services.

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