Standard Chartered’s US$200 Billion Growth Strategy Centers on Hong Kong, Says CEO Winters

Reported 3 days ago

Standard Chartered's CEO Bill Winters emphasizes the importance of Hong Kong in the bank's ambitious plan to attract US$200 billion in new funds over the next five years. The strategy includes significant investments in artificial intelligence and the hiring of more wealth managers to cater to affluent clients in Hong Kong and other key markets. Hong Kong remains a pivotal hub for the bank, with robust growth in wealth management driving a 19% profit increase last year.

Source: YAHOO

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