Standard Chartered
Coverage of Standard Chartered in the Nexus archive.
- StanChart joins ESMA's first MiCA register update since deadline
ESMA has published its first MiCA register update since the deadline, adding 37 crypto-asset service providers. Standard Chartered and FalconX are among the entities included in the update.
- HSBC, Standard Chartered Weigh SRTs as Asia-Linked Deals Ramp Up
HSBC and Standard Chartered are evaluating SRTs as activity in Asia-linked deals increases. HSBC is set to release earnings results on July 30, 2025.
- Standard Chartered, Circle bring USDC minting onto banking rails
Standard Chartered and Circle have launched a bank-led service for institutions to mint and redeem USDC, beginning in Dubai’s DIFC with plans for global expansion.
- Standard Chartered and LMAX Group Execute First Live Digital Asset Prime Brokerage Trades
Standard Chartered and LMAX Group executed their first live digital asset prime brokerage trades, marking a milestone in institutional crypto market infrastructure. The pilot involved spot Bitcoin trades with T+1 settlement through Standard Chartered’s UK branch and custody via its Dubai-based platform, validating credit, risk management, and regulatory compliance frameworks.
- StanChart's Liu: PBOC Tightening Unlikely
Standard Chartered's Liu stated that the People's Bank of China (PBOC) is unlikely to tighten monetary policy. The analysis is based solely on the title provided.
- Aave Token Could Climb 50x by End of 2030, Standard Chartered Says—Here's Why
Standard Chartered has set bullish price targets for Aave, Bitcoin, and Ethereum, projecting Aave to reach $3,500, Bitcoin to hit $500,000, and Ethereum to reach $40,000 by the end of 2030.
- Bitcoin Price Collapses to $59,000 — and the Worst May Not Be Over
Bitcoin price fell to $59,566, down over 10% in 24 hours and 53% from its all-time high. The decline was driven by ETF outflows, Federal Reserve rate uncertainty, and corporate Bitcoin sales, though some ETF inflows and institutional purchases emerged as potential stabilizing factors.
- Uniswap Jumps Double Digits as Standard Chartered Eyes $100 UNI by 2030
Uniswap's DeFi token has risen 20% in a day, driven by a Standard Chartered report projecting $100 UNI by 2030 and the launch of Uniswap's tokenized-stock. The increase reflects renewed investor interest in the DeFi platform.
- ‘That’s the wrong question’: Bitwise CIO reframes bitcoin bottom debate, points to long-term drivers
Bitwise CIO Matt Hougan stated that Galaxy, NYDIG, and Standard Chartered disagree on when bitcoin will hit its bottom, but all three anticipate a future bull cycle. The discussion focuses on long-term factors rather than short-term price predictions.
- Wall Street Could Boost Uniswap's Token Price Nearly 40x by 2030: Standard Chartered
Standard Chartered predicts Uniswap's UNI token could increase nearly fortyfold by 2030 as Wall Street shifts on-chain. The analysis attributes the potential surge to institutional adoption of blockchain technology.
- Morning Minute: Standard Chartered Says the Crypto Winter Is Over
Standard Chartered claims the crypto winter is over, citing lifting overhangs related to the Iran War, SpaceX IPO, and ETF outflows. The article questions the reliability of these developments.
- StanChart looks for 3 signs of BTC bottom, including Strategy’s Monday news
Standard Chartered analyst Geoff Kendrick suggests crypto prices have likely reached the cycle's low, indicating 'winter is over,' and is monitoring three signs for a Bitcoin bottom ahead of a Bitcoin purchase update from Strategy.
- Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Standard Chartered's head of digital asset research, Geoff Kendrick, declared the crypto market has hit its cycle low as Bitcoin recovered from a $59,000 dip, a 53% drawdown from its $126,000 peak. The bank maintains a $100,000 Bitcoin price target by year-end, citing reduced selling pressure post-SpaceX IPO and potential geopolitical easing between the U.S. and Iran as key catalysts.
- Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
A Standard Chartered analyst claims Bitcoin has hit a bottom at $59,000, signaling the end of the crypto winter. The statement suggests a potential recovery phase for the cryptocurrency market.
- 'Winter Is Over': Standard Chartered Calls Crypto Bottom as Bitcoin Recovers From $60K Fall
Standard Chartered analyst Geoff Kendrick claims the crypto market has reached its lowest point after Bitcoin fell below $60,000. The bank suggests the downturn may be ending as Bitcoin shows signs of recovery.
- AXA, Standard Chartered eye expansion in Hong Kong’s booming offshore wealth market
AXA and Standard Chartered are launching new offerings in Hong Kong to target high-net-worth clients, signaling continued international financial firms' expansion plans despite regulatory changes on mainland cross-border investments.
- Standard Chartered Sees Bitcoin Bottom ‘Almost In’ as Sell-Off Cuts 14% in Seven Days
Standard Chartered's Geoff Kendrick suggests Bitcoin's bear market may be nearing its end despite a 14% seven-day price drop. The decline followed a surprise Bitcoin sale by Strategy to fund dividends, triggering market sell-offs and ETF outflows. Kendrick cites historical precedents and ETF resilience as potential floor indicators.
- Standard Chartered's three 'Ifs' that stand between bitcoin and a market low
Standard Chartered has identified three conditional factors, referred to as 'Ifs,' that could determine whether bitcoin reaches a market low. The analysis focuses on potential barriers to bitcoin's price movement.
- ‘The low is almost in’: Standard Chartered says bitcoin bottom near after tough week for crypto
Standard Chartered predicts bitcoin's low is nearing, citing resilient ETF holdings and potential strategy buybacks amid a challenging week for the crypto market.
- As Bitcoin Sinks, It's Time for Ethereum to Outperform: Standard Chartered
Bitcoin is declining following a BTC sale since 2022, and an analyst from Standard Chartered suggests this could benefit Ethereum.
- Standard Chartered says Strategy’s bitcoin sale may mark start of ETH outperformance
Standard Chartered suggests that Ethereum's staking yield advantage over Bitcoin may prevent the need to sell ETH, potentially marking the start of ETH outperforming Bitcoin.
- Standard Chartered Reaffirms $40K Ethereum Price Target Due to DeFi Dominance
Standard Chartered has reaffirmed its $40,000 price target for Ethereum, citing the dominance of decentralized finance (DeFi). Analysts drew a comparison between Ethereum's current position and Amazon following the dot-com bubble burst.
- StanChart says Ethereum price will catch up to bullish internal metrics
Standard Chartered reaffirms bullish Ether price targets, citing strong network fundamentals despite ETH trading 57% below its 2025 peak and negative fund flows.
- Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop
Standard Chartered predicts ether could reach $4,000 despite its current sub-$2,000 price, as retail investors increase buying during the downturn. The bank's forecast highlights growing retail interest in cryptocurrency amid market volatility.
- ‘I am sorry’: Standard Chartered CEO Bill Winters apologises for comments over job cuts
Standard Chartered CEO Bill Winters apologized on Friday for controversial comments describing some workers as 'lower-value human capital' made while announcing a 15% reduction in back-office staff by 2030. Winters issued the apology via LinkedIn in response to upset employees following his Tuesday announcement that AI adoption would replace certain roles. The apology attempt was made to de-escalate internal debate triggered by his initial remarks.
- ‘I am sorry’: Standard Chartered CEO Bill Winters apologises for comments over job cuts
Standard Chartered CEO Bill Winters apologized on Friday for controversial comments describing certain workers as 'lower-value human capital' made during the announcement of a 15% reduction in back-office staff by 2030. Winters issued a LinkedIn apology to address backlash from upset employees over his remarks about AI replacing lower-value positions.
- How the AI backlash could cost investors
Growing backlash against AI technology is mounting among workers and communities, with concerns about job losses and data center impacts, yet investors continue pouring money into AI companies. SpaceX and other major firms are warning that AI backlash could lead to regulatory restrictions and slow adoption. The windfall from AI is concentrating wealth among a select few executives and employees while sparking worker protests and community opposition, exemplified by Samsung's labor disputes in South Korea.
- Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts
Standard Chartered CEO Bill Winters apologized for calling some of the nearly 8,000 employees facing job cuts due to AI implementation "lower-value human capital." The London-based bank is among the first major global banks to announce significant back-office role reductions primarily driven by artificial intelligence adoption.
- Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts
Standard Chartered CEO Bill Winters apologized for calling nearly 8,000 employees losing their jobs to AI "lower-value human capital." The London-based bank announced plans to cut approximately 7,800 back-office positions primarily due to artificial intelligence automation. The comments sparked significant backlash from the public and media.
- We need a new AI vocabulary
The article critiques how business leaders and politicians are communicating about AI's job displacement impact, arguing they need more honest and empathetic messaging. It highlights how companies are using different narratives for investors versus employees, and warns that AI will become a major political issue if leaders fail to demonstrate how the technology benefits ordinary Americans.
- Singapore’s AI-job cuts debate flares over ‘lower-value human capital’ remark
Singapore faces urgent challenges in preparing workers for AI-driven job displacement following Meta and Standard Chartered's recent layoffs. The city-state's workforce training initiatives are being tested against the rapid pace of AI adoption and automation by companies reducing headcounts. The debate highlights concerns about managing technological disruption in the labor market.
- HSBC’s CEO says AI will both create and destroy financial industry jobs
HSBC CEO Georges Elhedery acknowledged that artificial intelligence will both eliminate and create jobs in the financial industry, while emphasizing the bank's commitment to retraining its workforce. The statement was made at an investor event in Hong Kong as HSBC announced its AI adoption plan, following similar moves by rival Standard Chartered.
- Standard Chartered to slash workforce by 15% over AI
Standard Chartered will reduce its workforce by 15% by 2030 as it increases automation and AI adoption. The bank plans to relocate some affected employees to new roles. Other banking and tech firms have announced similar job cuts tied to AI implementation.
- Standard Chartered to cut more than 7,000 jobs as it steps up AI use
Standard Chartered plans to cut over 7,000 jobs in the next four years due to increased use of artificial intelligence, aiming to reduce back-office jobs and move workers to new roles. The bank seeks to increase profitability and tackle competition. This move makes Standard Chartered one of the first major global banks to lay out such plans.
- Standard Chartered to cut more than 7,000 jobs as it steps up AI use
Standard Chartered plans to cut over 7,000 jobs in the next four years as it increases its use of artificial intelligence to slim down operations and boost profitability. The job cuts will primarily affect back-office roles. The move aims to tackle competition and increase efficiency.
- Standard Chartered lifts 2030 earnings target to 18% with Hong Kong at core: CEO Winters
Standard Chartered has raised its 2030 earnings target to 18 percent through expansion in wealth management, cross-border banking, and digital services, with Hong Kong as a key growth hub. CEO Bill Winters announced the plan, which was well-received by investors, driving the bank's stock up 2.3 percent.
- Standard Chartered to cut over 15% of corporate functions roles as it targets higher returns
Standard Chartered will cut over 15% of corporate functions roles and target a more than 20% increase in income per employee by 2028 to achieve stronger returns. The bank aims to improve its financial performance through this restructuring. This move is part of the company's strategy to enhance its profitability.
- Standard Chartered to Absorb Zodia Custody’s Core Business in Digital Asset Consolidation
Standard Chartered is absorbing Zodia Custody's core business in digital asset consolidation, folding its regulated custody operations into Standard Chartered's existing Financing and Securities Services business. The deal is subject to regulatory approvals and will consolidate custody and eliminate operational overlap. Standard Chartered gains a consolidated client base and positions itself as one of the few global banks with a fully integrated, regulated crypto custody offering.
- Standard Chartered to absorb Zodia Custody’s crypto business into its own operations: Bloomberg
Standard Chartered has agreed to acquire Zodia Custody's crypto business and fold it into its own digital asset operations. This move is expected to enhance Standard Chartered's presence in the cryptocurrency market. The acquisition is a strategic step for the bank to expand its services.
- Standard Chartered to absorb Zodia Custody’s core business, spin out Zodia Solutions
Standard Chartered will absorb Zodia Custody's regulated crypto business and spin out Zodia Solutions. This move allows big banks to own core digital asset custody in-house. The deal is part of the banking industry's shift towards digital assets.