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Standard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East .
The parent bank merged in 1969 with Chartered Bank of India, Australia and China and the combined bank became known as Standard Chartered Bank. In 1969 the Standard Bank Investment Corporation (now Standard Bank Group) was established as the holding company of the South African bank.
James Wilson (3 June 1805 – 11 August 1860) was a Scottish businessman, economist, and Liberal politician who founded The Economist weekly and the Chartered Bank of India, Australia and China, which merged with Standard Bank in 1969 to form Standard Chartered.
The Chartered Bank of India, Australia and China—a bank incorporated in London, was founded in 1853 in London by James Wilson; following the grant of a Royal Charter from Queen Victoria. A 2008 stamp dedicated to the 150th anniversary of the Standard Chartered Bank of India. In 1858, it opened its first branches in Calcutta, Bombay and Shanghai.
There are 49 scheduled urban co-operative banks in India. Abhyudaya Co-operative Bank Ltd. Apna Sahakari Bank Ltd. [69] Ahmedabad Mercantile Co-Op Bank Ltd. [70] Amanath Co-operative Bank Ltd. [71] Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. Bassein Catholic Co-operative Bank Ltd. [72] Bharat Co-operative Bank (Mumbai) Ltd.
He has spent over 20 years with leading multinational banks in India, the Middle East and South East Asia, working primarily in retail lending, wealth management and SME banking. Previously he has worked at WIPRO, Citi Bank and Standard Chartered, where he has also served on the Global Executive Forum (the top 100 executives) of Standard ...
Standard Chartered plc was the first foreign company to have publicly elicited interest in making an IDR issue in India. Standard Chartered CEO Peter Sands was quoted in the Indian media as saying the "IDR listing (is) to enhance StanChart's commitment to India." In 2010, it was reported that Standard Chartered may be inching closer to an issue.
Peter Sands (banker) Peter Alexander Sands (born 8 January 1962) [1] [2] is a British banker, and the executive director of the Global Fund to fight AIDS, Tuberculosis and Malaria. He was the chief executive (CEO) of Standard Chartered from November 2006 to June 2015. [3]