29 Feb '12, 8am

Stanchart to start wholly-owned subsidiary in Singapore

Stanchart to start wholly-owned subsidiary in Singapore

The Standard Chartered Bank has announced that it intends to establish a wholly-owned subsidiary in Singapore. It will transfer the Consumer Banking and small and medium enterprises banking operations under it. -- ST PHOTO: AZIZ HUSSIN By Magdalen Ng The Standard Chartered Bank has announced that it intends to establish a wholly-owned subsidiary in Singapore. It will transfer the Consumer Banking and small and medium enterprises banking operations under it. The bank posted record income of US$2.186 billion (S$2.7 billion) in 2011, up 26 per cent from a year ago. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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