Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage
Bill Winters says new strategy focuses on replacing ‘lower-value human capital’ in drive for ‘sustainable growth’
Hong Kong grants its first stablecoin issuer licenses to HSBC and Standard Chartered from a pool of 36 applicants; they are set to issue stablecoins in H2 2026
Hong Kong grants its first stablecoin issuer licenses to HSBC and Standard Chartered from a pool of 36 applicants; they are set to issue stablecoins in H2 2026
Hong Kong has granted its inaugural stablecoin issuer licenses to HSBC Holdings Plc and a joint venture of Standard Chartered Plc …
Sources: HSBC and Standard Chartered are set to be among the first licensed stablecoin issuers in Hong Kong, as the city pushes to become a crypto hub
HSBC Holdings Plc and Standard Chartered Plc are set to be among the first licensed stablecoin issuers in Hong Kong …
As Tether says it is on track for a record $10B net profit in 2024, banks around the world are exploring launching their own stablecoins for payments
- Banks are starting to issue stablecoins for payments, payroll — SocGen, Standard Chartered are among banks expanding efforts
Partior, a blockchain-based interbank payment network backed by JPMorgan, DBS, and Standard Chartered, raised a $60M Series B led by Peak XV Partners
Jamie Crawley / CoinDesk :
How AI is helping investors and wealth managers simplify the due diligence process and streamline day-to-day tasks, as experts stress the need for human insight
Nicholas Fearn / Financial Times : X: @nicholasgfearn . LinkedIn: Romain FARAUT, CIWM … and Celestino Güemes Seoane X: Nicholas Fearn / @nicholasgfearn : It was sureal to have interviewed Morgan St...
Sources: at a May meeting, the Hong Kong Monetary Authority questioned HSBC, Standard Chartered, and Bank of China on why they were not accepting crypto clients
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry
By creating separate crypto companies, Standard Chartered and other finance groups are betting fund managers will prefer trusted brands to opaque crypto firms
Nikou Asgari / Financial Times :
London-based Standard Chartered subsidiary Zodia, which provides custody services for crypto assets, raised a $36M Series A led by Japan's SBI Holdings
Standard Chartered's spin-off crypto custodial unit Zodia Custody Ltd. closed $36 million in new funding as part of a round led by Japan's SBI Holdings …