It would compete with Goldman and UBS.
British bank Standard Chartered PLC (STAN.L) will consider next year whether it should start an onshore private bank in China, as the world's second-biggest economy continues to open up, a senior executive said on Tuesday.
"In 2017, we'll look at it again, see what the market looks like and how are we executing on other priorities and then decide," Anna Marrs, Standard Chartered's global head of commercial and private banking client segments, told the Reuters Global Wealth Management Summit in Singapore.
Read the full report here.
Join Asian Banking & Finance community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!