Standard Chartered's Acquisition of American Express Bank (B) |
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"It was a bold move for us and we knew it would help catapult us into the top league of wealth management, particularly as emerging markets were becoming so important in wealth creation."1 - Peter Flavel, CEO, Standard Chartered Private Bank, in May 2008. "This transaction fits two of our key businesses. It turbo-charges our private banking business, advancing it by two to three years, and it more than doubles our financial institutions’ business."2 - Richard Meddings, Finance Director, Standard Chartered Bank, in September 2007. Introduction
Standard Chartered's Acquisition of American Express Bank (B) - Next Page>>
1] David Bain, "Standard Chartered Private Bank Looks
to Continue Growth Momentum," www.wealth-bulletin.com, May 19, 2008.
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