Standard Chartered Bank
Coverage of Standard Chartered Bank in the Nexus archive.
- India's Inflation Cushion 'Thinner' Than It Seems
The Reserve Bank of India maintained its benchmark rate for a fourth consecutive review amid concerns about potential inflation from higher energy costs linked to the Iran war. Standard Chartered Bank's Anubhuti Sahay noted that while inflation has remained low, the economic cushion is weaker than it appears.
- It's one choke point after another in the global economy
The article discusses 'choke points' in the global economy, highlighting the Red Sea and Bab el-Mandeb Strait as critical bottlenecks in oil traffic due to Houthi militant attacks and increased Saudi oil rerouting. It also links choke points to AI supply chain constraints and broader economic interdependence fraying under geopolitical competition.
- StanChart Targets Mid-Sized African Companies for Debt Sales
Standard Chartered Bank is targeting mid-sized African companies for debt sales. The article also references Nigerian cash replacement efforts by the Central Bank, defended by Governor Godwin Emefiele amid public chaos.
- Standard Chartered compares Ethereum to Amazon during 2001 dot-com bubble burst, says ETH will catch up to internal metrics
Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030, comparing Ethereum's potential to Amazon during the 2001 dot-com bubble.
- Coinbase taps Standard Chartered to expand multi-currency funding rails for institutional clients
Coinbase has partnered with Standard Chartered to expand multi-currency funding capabilities for institutional clients. The company also relaunched its Direct Deposit feature in the U.S., enabling users to automatically allocate portions of their paychecks to cryptocurrency.
- Rich environments: Hong Kong banks pour money into wealth centres in pricey premises
HSBC Holdings, Hang Seng Bank, Standard Chartered Bank, and China Citic Bank International are expanding luxury wealth centers in Hong Kong to attract high-net-worth customers. HSBC recently opened its fifth center on the 58th floor of Two International Finance Centre, featuring 13,000 sq ft and 34 meeting rooms with harbor views.
- Standard Chartered Bank CEO apologizes for startling A.I. job cuts remark
Standard Chartered Bank CEO apologized for an insensitive comment about artificial intelligence and job cuts, which sparked public criticism. The remark, described as a potential slip of the tongue or moment of unguarded honesty, highlights tensions between AI advancements and workforce impacts.
- AI in focus as Standard Chartered Bank replaces ‘lower value human capital’, slashing back office workers by 15%
Standard Chartered Bank is cutting 15% of its back office workers due to automation and AI adoption, sparking fears of employment market changes. The move replaces lower value human capital with technology. This shift may indicate a larger trend in the industry.
- Tokenization push could pull trillions of dollars into DeFi, StanChart says
Standard Chartered Bank predicts that tokenization could bring trillions of dollars into DeFi. This push could have a significant impact on the financial industry. Tokenization is expected to increase investment in DeFi
- OKX lets institutions use BlackRock’s BUIDL fund as trading collateral
OKX has integrated BlackRock’s tokenized Treasury fund into Standard Chartered custody, enabling institutions to use the fund as regulated trading collateral. This collaboration allows institutional clients to leverage BlackRock’s BUIDL fund for trading purposes on OKX’s platform.
- See Pivot In Gold Trading: Suki Cooper
Suki Cooper, global head of commodities research at Standard Chartered Bank, discusses the 9% decline in gold prices since the war began, attributed to a liquidity squeeze causing investors to offload holdings. The analysis appears on Bloomberg Markets.