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Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters

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Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters - SCMP

Quick Summary:

Bank is developing over 200 use cases for AI, including fraud detection and prevention, anti-money-laundering screening and new products.

The money will be used to develop AI tools and other technologies and to hire more experienced bankers in wealth management to serve affluent clients in Hong Kong, Singapore and elsewhere.

Last month, Winters unveiled a plan to invest US$1.5 billion in its wealth-management business over the next five years.

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Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters - SCMP (Picture 1)

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 10:30:11 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27183957

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 14 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 48 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters" has 224 words across 6 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Hong Kong is key to Standard Chartered’s US$200 billion new money goal: CEO Winters" was covered 12 hours ago by SCMP, a news publisher based in Hong Kong.

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SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 14 news stories per day.

It's most recent story was published 48 minutes ago.

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  • News ID: #27183957
  • URL: https://beamstart.com/news/hong-kong-is-key-to-17424385399999

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