Press Release
Standard Chartered takes top honours in the Asia Risk Corporate End-user Survey
No. 1 for Derivatives in Asia
Region: Greater China and Japan, Middle East & Pakistan, Korea, South East Asia, India and South Asia, Americas, Europe, Africa Published by:
Jai GANESH
Date:
26 June 2009
Fixed income trading
26 June 2009, Singapore – Standard Chartered Bank’s growing reputation as a favoured derivatives solutions provider has been recognised in the recently announced Asia Risk Corporate End-user Survey 2009.
Standard Chartered stood out as the best-in-class derivatives solutions provider in Asia topping more than half of the 54 categories surveyed. Apart from being voted the top derivatives provider in Asia, the Bank was also ranked number one for Interest Rate and Currency Derivatives in Asia.
Chris Jeffery, Editor of Asia Risk said: “Banks that maintained the confidence of their clients during an unprecedented period of market volatility and turbulence were the big winners in Asia Risk’s inaugural corporate survey, with Standard Chartered standing out most of all.”
Commenting on the results, Lenny Feder, Group Head of Financial Markets said, “Standard Chartered’s approach to product development is different compared to other firms in the market. Many seem to compete on who can be seen as the greatest engineer, but this is not a war that we compete in. We focus on delivering the right product for our clients across our entire geographic network. These results are indicative of our leadership position brought about by the success of our client centric strategy.”
For further information please contact:
Jai Ganesh M
Group Wholesale Banking Corporate Affairs, Singapore
Tel: +65 67257752
E-mail: M-Jai.Ganesh@sc.com
Note to editors:
About Standard Chartered
Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world’s most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last five years primarily as a result of organic growth and supplemented by acquisitions.
Standard Chartered aspires to be the best international bank for its customers across its markets. The Group derives more than 90 per cent of its operating income and profits from Asia, Africa and the Middle East, generated from its Wholesale and Consumer Banking businesses. The Group has over 1,600 branches and outlets located in over 70 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.
Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs more than 70,000 people, nearly half of whom are women. The Group’s employees are of 125 nationalities, of which about 70 are represented in the senior management.
For more information, please visit: www.standardchartered.com
About Asia Risk
Asia Risk is a publication dedicated to the business of financial risk management and the derivatives markets in the Asia-Pacific region. It was launched in 1995, and has since become a risk management information resource for finance professionals who operate, or have an active interest, in the Asia-Pacific region.
For more information, please visit: www.asiarisk.com.hk
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