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FinTech

Wise Disrupts Banks’ Remittance Monopoly: Now Becomes Standard Chartered's Partner

  • The bank will integrate Wise’s infrastructure through API.
  • It will allow SC Remit customers in Asia and the Middle East to send money in 21 currencies.
Tuesday, 05/11/2024 | 06:57 GMT by Arnab Shome
CryptoCurrency

OKX Chooses Standard Chartered as Custodian for Institutional Crypto Services

  • A report shows rising institutional interest in digital assets, with 80% of hedge funds using custodians.
  • Recently, the exchange launched its platform for institutional and retail investors in the UAE.
Tuesday, 29/10/2024 | 09:19 GMT by Tareq Sikder
CryptoCurrency

Standard Chartered Sets Up Digital Asset Custody Services in UAE

  • The bank starts the services in the UAE, with Brevan Howard Digital as the inaugural client.
  • It expands into the UAE's crypto sector, supporting firms like Zodia Markets and Zodia Custody.
Tuesday, 10/09/2024 | 11:09 GMT by Tareq Sikder
CryptoCurrency

Crypto.com Rolls Out Retail Services in over 90 Countries with Standard Chartered

  • Over 250 cryptos will be available for trading on the firm's retail platform.
  • The global retail crypto rollout will be coordinated from a regional hub in Dubai.
Thursday, 29/08/2024 | 15:15 GMT by Tareq Sikder
FinTech

Standard Chartered Comes Onboard with United Fintech to Move the Needle in Fintech

  • Investment includes Board observer rights and potential for a rotational Board seat.
  • United Fintech offers a platform for fintech partnerships and innovation in capital markets.
Thursday, 08/08/2024 | 07:45 GMT by Tareq Sikder
CryptoCurrency

Banking Giant's Crypto Arm Snaps Up OTC Trading Powerhouse

  • Zodia Markets, backed by Standard Chartered, is acquiring Elwood's OTC trading business.
  • The deal enhances Zodia's regulated presence and expands its digital asset services.
Wednesday, 17/07/2024 | 08:28 GMT by Damian Chmiel
CryptoCurrency

Standard Chartered’s Zodia Markets Plans to Acquire Alan Howard-Backed Crypto Firm: Report

  • Elwood Capital Management offers over-the-counter crypto trading and settlement services.
  • It holds virtual asset provider and investment business licenses.
Wednesday, 10/07/2024 | 06:57 GMT by Arnab Shome
Institutional FX

Standard Chartered Partners with Clearstream to Support UAE Domiciled Funds

  • This collaboration aims to enhance fund processing and execution.
  • According to the two entities, the partnership gives retail clients broader access to investments.
Tuesday, 14/05/2024 | 17:01 GMT by Jared Kirui
CryptoCurrency

Zodia Markets Eyes EU: Gains VASP Registration in Ireland

  • The company will use the registration to launch services in the wider EU.
  • It also obtained registration in the UK and in-principal approval in the UAE.
Friday, 27/10/2023 | 08:30 GMT by Arnab Shome
CryptoCurrency

Hong Kong Reportedly Pushing Top Banks to Support Crypto Firms

  • The targeted banks are HSBC, Standard Chartered, and the Bank of China.
  • Hong Kong recently legalized crypto for retail investors.
Thursday, 15/06/2023 | 12:42 GMT by Jared Kirui
Institutional FX

StanChart Aims to Cut $1 Billion in Costs, Starting with 100 Layoffs

  • The lender will let go of some of the employees in Asia and London.
  • StanChart joins the lengthening list of banks cutting jobs.
Thursday, 08/06/2023 | 06:22 GMT by Damian Chmiel
FinTech

Standard Chartered’s Zodia Custody Raises $36M in Series A

  • The custody service plans to extend its token coverage, among other steps.
  • The SC arm recently tapped SBI Holding's crypto arm to introduce its services in Japan.
Thursday, 27/04/2023 | 16:48 GMT by Solomon Oladipupo
Executive Moves

Sadia Ricke Joins Standard Chartered as Group Chief Risk Officer

  • She will join the company on 1 February 2023.
  • Ricke spent almost 28 years at Société Générale.
Friday, 23/09/2022 | 09:31 GMT by Bilal Jafar
News

Standard Chartered’s Zodia Markets Gains FCA Approval, Launches Crypto Services

  • The platform is offering crypto brokerage services to institutions.
  • It is backed by Standard Chartered’s venture arm and BC Technology Group.
Thursday, 28/07/2022 | 11:08 GMT by Arnab Shome
Executive Moves

Standard Chartered Hires Andy Ross as Global Head of Prime Brokerage

  • He worked for over 16 years at Morgan Stanley.
  • Ross was the CEO of CurveGlobal Limited.
Wednesday, 27/07/2022 | 21:27 GMT by Felipe Erazo
Institutional FX

Hong Kong’s SFC Imposes a Ban on Former Standard Chartered Executive

  • Lam Ki Fung was banned for three years from re-entering the financial industry.
  • He was found guilty of committing fraud between April and December 2017.
Monday, 18/07/2022 | 17:23 GMT by Felipe Erazo
Executive Moves

Standard Chartered Selects Raymond Cheng as Chief Investment Officer of North Asia

  • Cheng brings more than a quarter of a century from the Fintech industry.
  • He will report to Steve Brice, the Group Chief Investment Officer.
Monday, 04/07/2022 | 11:10 GMT by Tom Hazan
News

Mox Introduces New Service for Instant Money Transfers

  • The new service will improve cash flow control of customers.
  • The service will assist Mox Credit clients in bill payments.
Wednesday, 18/05/2022 | 11:24 GMT by Bilal Jafar
News

Standard Chartered Capital Markets Division Joins Saphyre Endeavor

  • SC has joined the Saphyre platform for new fund onboardings and maintenance.
  • Last month, Saphyre secured $18.7 million in Series A funding.
Friday, 29/04/2022 | 08:07 GMT by Bilal Jafar
Institutional FX

Standard Chartered Plans to Exit 5 African Markets

  • The markets include Angola, Cameroon, Gambia, Sierra Leone and Zimbabwe.
  • Standard Chartered also announced its plan for the Middle East region.
Monday, 18/04/2022 | 08:58 GMT by Bilal Jafar
Executive Moves

Alson Ho Joins Standard Chartered Hong Kong as Head of Wealth Management

  • Ho previously worked as Head of Insurance for Citibank in Hong Kong.
  • He will report to Lay Choo Ong and Marc Van de Walle.
Saturday, 02/04/2022 | 07:23 GMT by Bilal Jafar
Executive Moves

SC to Expand Business Banking and Digital Strategy with New Global Heads

  • The Bank has appointed Xie Wen as Global Head of Business Banking.
  • Mohamed Keraine has also joined Standard Chartered to drive its digital agenda.
Tuesday, 22/02/2022 | 09:15 GMT by Bilal Jafar
Institutional FX

Standard Chartered Bank Fined £46.5 Million for Regulatory Failures

  • This is the highest penalty imposed by the PRA in an individual enforcement case.
  • The bank has agreed to rectify the lapses in its system.
Monday, 20/12/2021 | 10:37 GMT by Arnab Shome
Executive Moves

Komainu Hires Suzanne Hubble as Its New COO and CFO

  • Suzanne Hubble brings almost 20 years of experience in Banking and Finance, with specific knowledge of eCommerce and clearing.
Tuesday, 14/09/2021 | 09:36 GMT by Tom Hazan
Executive Moves

SWIFT Onboards Cheri Mcguire as Its New Chief Technology Officer

  • Mcguire will oversee the co-operative’s core infrastructure to fortify it by ensuring it remains strong, resilient and secure.
Tuesday, 03/08/2021 | 06:55 GMT by Tom Hazan
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