Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services.
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22 Facts About Standard Chartered
2.
Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index.
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3.
Name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank of British South Africa.
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4.
Standard Chartered Bank began when Queen Victoria granted a Royal Charter to Scotsman James Wilson in 1853.
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6.
Standard Chartered Bank was a British bank founded in the Cape Province of South Africa in 1862 by Scot, John Paterson.
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7.
Standard Chartered expanded widely in Africa over the years, but from 1883 to 1962 was formally known as the Standard Chartered Bank of South Africa.
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8.
In 1987, Standard Chartered sold its remaining interests in the South African bank; since then the Standard Bank Group has been a separate entity.
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10.
Standard Chartered retained Grindlays' private banking operations in London and Luxembourg, as well as the subsidiary in Jersey, all of which were integrated into its own private bank.
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11.
In 2007, Standard Chartered opened its Private Banking global headquarters in Singapore.
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12.
On 29 February 2008, Standard Chartered PLC announced it had received all the required approvals leading to the completion of its acquisition of American Express Bank Ltd from the American Express Company .
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13.
Standard Chartered announced an agreement on 27 April 2010 to buy the African custody business from Barclays PLC.
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14.
On 13 May 2010, Standard Chartered PLC launched the first-ever Indian Depository Receipt "IDR" offer.
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15.
In December 2010, Standard Chartered was recognised as the Global Bank of the Year in The Bankers Bank of the Year 2010 awards.
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16.
Standard Chartered was named The Banker's inaugural winners of the Global and European Transaction Bank of the Year awards in September 2014, largely "on the basis of its work in emerging markets, particularly Asia".
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17.
In 2016, Standard Chartered announced that it would stop providing loans to the midstream segment of the diamonds and jewellery industries.
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18.
On 14 August 2012, Lawsky announced that the DFS and Standard Chartered reached a settlement that allows the bank to keep its licence to operate in New York.
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19.
Standard Chartered Breeze organised a blogger's meet for bloggers to preview Breeze, and its Twitter campaign to give away a free iPad was extremely successful.
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20.
Standard Chartered Bank has initiated proof of concept projects with two companies: Bambu and KYC Chain.
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21.
In 2015, Standard Chartered was widely criticised for its $12bn funding of the controversial Carmichael Coal Mine, with a campaign led by Greenpeace calling for them to quit the project.
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