According to Standard Chartered, the bank’s assets under management (AUM) have outpaced the growth of the top 20 banks on average over the past two years. The bank has also achieved a faster acquisition rate in the first nine months of 2024.
Standard Chartered has announced its strategy to increase business growth, with targets to acquire US$200 billion in net new money (NNM) over the next five years. The strategy was announced at the bank’s Affluent Investor Seminar on Dec 3.
The bank’s strategy includes double-digit growth in Wealth Solutions income.
