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The Latest Breaking News from Standard Chartered

Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist

“Every country wants to have the next Silicon Valley or be the next AI mega-producer, but getting there isn’t just a matter of snapping one's fingers."

Fortune

‘Redollarization,’ not ‘dedollarization’: Standard Chartered thinks U.S. dollar fears are overstated

“We’re not really in this de-dollarization camp,” said Divya Devesh, the bank's co-head of FX research for ASEAN and South Asia.

Fortune

Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI

Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolution

The Guardian - UK

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Global Market: Standard Chartered partners with BlackRock to launch APAC multi-asset fund for wealth clients

Standard Chartered has teamed up with BlackRock to introduce a new investment fund for Asia Pacific. This multi-asset offering, named Signature Select APAC Allocation Plus, aims to provide investors with diversified exposure across equities, fixed income, and alternative assets. The fund targets long-term growth and income, and will be available…

The Economic Times

Falling oil prices give RBI more room to focus on growth, but relief uneven across Asia: Standard Chartered

Falling crude oil prices are providing a significant boost to India and other Asian nations, allowing central banks to prioritize economic growth. This "disinflationary relief" eases pressure on external accounts, especially for heavy energy importers like India, Thailand, and the Philippines. While some economies like South Korea may still face…

The Economic Times

Business Brief (July 1): China Aims for 50,000 Industrial 5G Private Networks

Standard Chartered backs Chinese tech, Apple supplier Tata Electronics hacked

Caixin Global

Global Market: Standard Chartered bullish on Asia ex-Japan equities, sees strong AI-led growth

Standard Chartered upgraded Asia ex-Japan equities to overweight, expecting the region to post the strongest earnings growth globally in 2026 and 2027, supported by AI investment and semiconductors. It prefers Taiwan, China and India, while maintaining a positive view on US equities, bonds and gold.

The Economic Times

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FTSE 100 closes higher despite Middle East tensions and ECB rate hike

The FTSE 100 closed up 49.07 points, 0.5%, at 10,303.88.

Evening Standard

Crypto Feels Dead. This Bank Just Spent Millions Betting It Isn't.

Zodia Custody CEO Julian Sawyer on the Standard Chartered deal, why stablecoins are just "tokenized money," and how crypto disappears into everyday banking.

International Business Times

FTSE 100 down as Asia-focused financials struggle

Oil prices also fell after US President Donald Trump said negotiations over a peace deal to end the Middle East war were in their final stages.

Evening Standard

Inside the gilded world of the banking elite

The SpaceX listing will make millions for Goldman Sachs, but the image-conscious firm kept its celebrations quiet. Has the finance world changed? Don’t bank on it, says Chris Blackhurst

Evening Standard

Rate hikes are coming, RBI has sent a clear signal, says Anubhuti Sahay, Standard Chartered

Despite holding the repo rate steady, the Reserve Bank of India's significantly upgraded inflation forecasts signal a strong likelihood of rate hikes from August. Anubhuti Sahay of Standard Chartered highlights that elevated inflation projections, coupled with upside risks from oil prices and El Niño, suggest a deliberate sequencing of policy…

The Economic Times

Talent fight heats up in India finance hub as two chiefs quit

GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence,…

The Economic Times

FTSE 100 up despite Asia-focused financials falls

The FTSE 100 closed up 28.02 points, 0.3%, at 10,360.32.

Evening Standard

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The Economic Times

India bonds slip ahead of RBI policy as war risks lift oil

The Reserve Bank of India will announce its rate decision on Friday, with markets largely pricing in a pause even ‌as Standard Chartered, ⁠Capital Economics, ⁠ANZ, MUFG and OCBC call for a 25-basis-point hike.

Fortune

Boos, AI-washing, and 'lower-value human capital': The psychological traps CEOs are falling into when they botch their AI messaging

Standard Chartered's Bill Winters is just the latest CEO to stumble.

Fortune

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

Bill Winters, the CEO of Standard Chartered, says about 15% of “back office” corporate function roles will be reduced in the next four years.

The Guardian - UK

Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts

Bill Winters faced backlash over remarks about some of near 8,000 staff set to lose roles to AI

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The Economic Times

Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%

Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hikes to counter the rupee's decline. The RBI is reportedly focusing on inflation as the primary driver for its monetary policy decisions. Other measures are being considered in…

AAP

Digital Edge Successfully Closes First US$575 Million HoldCo Loan to Accelerate Growth Across Key Asia-Pacific Markets

SINGAPORE, May 22, 2026 /PRNewswire/ -- Digital Edge today announced the successful closing of its inaugural US$575 million holding company ("HoldCo") financing, marking a significant milestone in the company's continued evolution as one of Asia-Pacific's leading digital infrastructure platforms. The proceeds from the facility will support the continued...

The Economic Times

RBI rate hikes to start in June, says Standard Chartered

RBI rate hike: Economists at Standard Chartered anticipate India's central bank will begin raising interest rates as early as June due to escalating inflation risks from higher crude prices. They predict 50 basis points of hikes, split between June and August, to anchor sentiment and manage second-order effects on the…

Evening Standard

Standard Chartered boss says AI comments taken ‘out of context’ after backlash

The Asian-focused bank unveiled plans on Tuesday to cut around 7,800 jobs as it ramps up the use of AI across its operations.

The Independent UK

Standard Chartered boss sorry after saying AI would replace ‘lower-value human capital’ amid job cuts

The Asian-focused bank unveiled plans on Tuesday to cut around 7,800 jobs as it ramps up the use of AI across its operations

The Economic Times

Inside India’s biggest banking and financial services tech hubs

Standard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office roles in India. This move aligns with a broader trend of financial firms leveraging AI and tech hubs in India for both support and higher-value functions, though some, like Wells Fargo,…

The Times of India

‘Lower-value human’: Standard Chartered CEO’s remark sparks outrage as bank plans job cuts in India, other hubs

Standard Chartered’s plan to cut nearly 7,800 jobs globally by 2030 has triggered a fierce backlash online after CEO Bill Winters described some roles as “lower-value human capital” while outlining the bank’s AI-driven overhaul.

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