Strategy
Standard Chartered Launches Private Bank in Jersey

Standard Chartered has launched its Private Bank in Jersey following the opening of the Private Bank’s global hub in Singapore in May and launches in Hong Kong, Dubai, India and London. It will also this month launch in China. Alison McFadyen is the chief executive officer of the Jersey Private Bank, which will offer investment advice, foreign exchange and international securities trading, lending and transactional banking services to its high net worth clients. Steve Seagrove, head of Private Banking, Europe, said: “Jersey is the European booking centre of choice for clients of Standard Chartered Private Bank around the world. The jurisdiction is highly regarded for its financial markets’ maturity and for its regulatory environment, and this is a key factor in Standard Chartered’s dynamic growth markets including Asia, Africa and the Middle East