Standard Chartered to double number of Singapore bankers serving wealthy Chinese
Expansion comes despite increased scrutiny of flows from China after high-profile money-laundering scandals
Related reading
Standard Chartered profits rise 3% on ‘strong’ inflows from wealthy clients
Asia-focused bank’s pre-tax quarterly figure was higher than analyst estimates
Standard Chartered books $190mn charge on Iran war
Asia-focused bank reports record quarterly profit even as it sets aside funds to hedge against Middle East risk
Wealthy Chinese sidestep Singapore for Dubai
Private bankers and advisers report rise in interest in the Gulf as Asian city-state tightens scrutiny of applicants
US investors push for special funds to avoid Chinese tech
Institutional clients increasingly want so-called parallel funds that exclude certain assets
Morgan Stanley and Goldman dominate Hong Kong equity deals
A wave of Chinese companies raising money has revived dealmaking in Asia’s financial hub
China steps up tax crackdown on overseas investments
Wealthy individuals are rethinking trading strategy as Beijing tries to fill its coffers to counter economic pressure