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StanChart to merge retail, PB, and WM and combine regional businesses in Asia

Standard Chartered Bank has decided to merge its retail banking, private banking, and wealth management divisions, and bring the North Asia, South Asia, ASEAN, and Greater China businesses under one umbrella — the new Asia region, effective 1 January 2021. According to a release published yesterday, Standard Chartered’s individual clients and related products (retail banking, private banking, and wealth management)…

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