Standard Chartered invests in United Fintech
Standard Chartered has been granted Board observer rights and will be offered a rotational Board seat at United Fintech.
Standard Chartered has been granted Board observer rights and will be offered a rotational Board seat at United Fintech.
Andy Ross was recruited from Morgan Stanley to head up and build LSEG’s CurveGlobal derivatives unit in 2016.
FX and Rates income delivered double-digit growth on the back of increased client flows, Standard Chartered reported.
StanChart saw Macro Trading increase 4% with higher FX and Commodities income partly offset by lower Rates income.
Standard Chartered delivered a strong performance in the first quarter of 2021 with underlying profit before tax up by 18%.
Maria Ramos, a non-executive director of Standard Chartered PLC, has bought 2,000 ordinary shares in the company.
Standard Chartered registered a 4% rise in FX income in the final quarter of 2020, whereas the rise for the full year was 17%.
Ngozi Okonjo-Iweala will step down from the Board of Standard Chartered with effect from February 28, 2021.
David Conner will step down as Chair of Standard Chartered’s Board Risk Committee to be succeeded by Naguib Kheraj.
Standard Chartered forms strategic relationship with AWS to deliver new digital banking services.