Standard Chartered Bank is an international banking group.
Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England. It operates a network of more than 1,200 branches and outlets (including subsidiaries, associates and joint ventures) across more than 70 countries and employs around 87,000 people. It is a universal bank with operations in consumer, corporate and institutional banking, and treasury services. Despite its UK base, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa and the Middle East.
Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £24.4 billion as of 4 April 2017, the 28th-largest of any company with a primary listing on the London Stock Exchange. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings.
Credit cards, Consumer banking, Corporate banking, Investment banking, Mortgage loans, Private banking, Wealth management
SCBHK, Animoca Brands, and HKT have already been testing the waters in HKMA’s stablecoin sandbox since July 2024.
According to Standard Chartered’s Geoffrey Kendrick, Bitcoin is on track to hit $500,000 by the end of 2028.
Standard Chartered’s Head of Digital Assets Research signals Bitcoin vulnerability, predicting a possible 10% drop if it breaks below $90,000, despite current market recovery and positive long-term outlook.