Standard Chartered: Integrating Risk into Corporate Strategy
|
|
ICMR HOME | Case Studies Collection
Case Details:
Case Code : BSTA057
Case Length : 12 Pages
Period : 2004
Organization : Standard Chartered
Pub Date : 2004
Teaching Note :Not Available Countries : UK, US
Industry : Banking
To download Standard Chartered: Integrating Risk into Corporate Strategy case study (Case Code: BSTA057) click on the button below, and select the case from the list of available cases:
Price:
For delivery in electronic format: Rs. 300; For delivery through courier (within India): Rs.
300 + Rs. 25 for Shipping & Handling Charges
» Business Strategy Case Studies
» Case Studies Collection
» Business Strategy Short Case Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Area Specific Case Studies
» Industry Wise Case Studies
» Company Wise Case Studies
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
|
<< Previous
Introduction
The UK-based banking group, Standard Chartered (Stanchart) operated primarily in Asia, with growing operations in the Middle East, Africa, and Latin America. In all it had more than 500 offices in over 50 countries. Stanchart offered a range of consumer banking and institutional banking services. It had taken advantage of the Asian financial crisis of the late 1990s to buy up operations in Indonesia and Thailand. The bank had also moved into China.
Stanchart had positioned itself as an independent, medium-sized group focusing
on emerging markets, where it attracted business from the local operations of
Western companies.
|
|
It also offered indigenous businesses and consumers a stable
alternative to sometimes unreliable local banks. Private investor Khoo Teck Puat owned about 15% of the company while the UK based insurance company, Prudential plc had a 5% stake. In 2002, Stanchart
recorded sales of $6,933.0 million and a net income of $191.0 million.
Overview of Risk
Risk was inherent in Stanchart's business. The Group had identified eight core risks. Credit, market, country and liquidity risk arose directly through the Group's commercial activities whilst business, regulatory, operational and reputational risks were a normal consequence of any business undertaking. The bank believed the risk functions had to operate as an independent control working in partnership with the business units...
Excerpts >>
|
|