Standard Chartered expands South Asia equities platforms

Standard Chartered makes senior Southeast and South Asia equity hires and takes full ownership of its Indian brokerage subsidiary.

Standard Chartered Bank has announced several new appointments for its equities markets business, which coincide with it taking full control of its Indian brokerage subsidiary.

The hires range across its offices in Singapore, Hong Kong, London and Mumbai, and are focused on developing the bank’s equities platforms in South and Southeast Asia. Meanwhile, the UK-headquartered bank has bought the minority stake in Standard Chartered-STCI Capital Markets Limited, which was previously held by its Indian partner.

“Standard Chartered recognises the opportunities in equities in Asia and is committed to deliver in the build out of our equities capabilities across our core markets,” said Craig McGee, head of Southeast Asian equities in a...

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