“We are relevant to every part of the chain. We support the supply chain; many affluent private banking customers are small business owners. We are very relevant on both sides,” she tells The Edge Singapore in an interview.
Among multinational banks with a global reach, the investment banking and private banking units typically enjoy the highest profile. The former helps huge corporations raise billions in headline-grabbing deals; the latter helps high-net-worth individuals manage their millions.
Standard Chartered’s Xie Wen — who takes care of the bank’s small and medium enterprises (SME) customers under the business banking unit which she heads — sees her unit playing a “super-connector” role between the two main businesses: The one dealing with large corporations on the one hand, and the other serving individual customers.
