The bank says the refresh of this channel involves it making greater use of international wealth centres such as Singapore, Hong Kong, the UAE and the UK.

Standard Chartered says it has “refreshed” its Global Indian proposition within the bank’s Affluent segment which serves clients under its Priority Private and the Global Private Bank. 

The UK-headquartered bank said yesterday that the change involves “leveraging its international wealth centres in Singapore, Hong Kong, the UAE and the United Kingdom.”

WealthBriefing has asked the bank to elaborate on specifics of the change, and may update in due course.

The bank recently opened an “International Priority Centre,” which it said is the first of such centres globally, giving clients in-person branch services.

“The Indian diaspora now has a more “global” investment outlook,” Rajesh Kannan, head of Global Indian and head of wealth and retail banking UAE, Jersey (UK), Standard Chartered Bank, said. “We are focussed on managing this change by providing an international gateway for these clients by leveraging our international wealth centres combined with our deep-rooted knowledge and understanding of India to support their global wealth ambitions beyond borders.”