Standard Chartered Expands Global Exotics Team

CORPORATE STATEMENT

Standard Chartered continues to build its offshore Global Exotics team--a dedicated group of dealers based in the FX hubs of London, New York, Hong Kong and Singapore that specializes in illiquid and restricted currencies.

This is in line with the bank’s onshore expansion in emerging markets. The recent acquisition of Grindlays gives the bank market leadership onshore in a number of Middle Eastern and south Asian markets, adding to its already strong emerging market presence.

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