638. Standard Chartered Bank also lost to Europe
This time, Standard Chartered Bank has suffered a big loss of customer assets, and when it cut off the business of Temasek Holdings' listed companies, Standard Chartered Bank lost nearly $60 billion in assets!
It seems that such an internal ghost has appeared! It seems that it was premeditated!
This time, it may lose tens of billions of dollars in customer deposits, and the assets of Standard Chartered Bank may have to fall below the $600 billion mark this time.
Thinking of this, Chen Hui continued: "Arrest me the ghost who leaked the secret of the Swiss private banking business and send him to prison! If it is not locked up for the rest of my life, it will be difficult to eliminate the hatred in my heart!" Once this ghost is found, Chen Hui also plans to frame him for sexual assault and murder····· Miscellaneous Charges ·
Chen Hui didn't plan to kill him, so he inevitably let his old rivals pour dirty water on the head of Standard Chartered Bank.
If the inner ghost dies, it will be used by the opponents, which is not good.
So you must lock him up for the rest of your life! Let him repent in prison for the rest of his life, this is the most torturous way!
Bill Winster immediately said, "Okay, Chairman!"
At this time, Chen Hui said to Mike Rees, "Mike, Standard Chartered Bank's European business is expanding, you need to think hard, next time I want to see Standard Chartered Bank acquire the business of UBS Group!!"
Mike Reese said, "Yes, Chairman!"
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"Come, let's continue to enjoy lunch, don't let this old UBS bastard disturb our appetite!"
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In the afternoon, Shaun Gamble, a spokesman for Standard Chartered, said that Standard Chartered had sold its Swiss private banking unit to a Swiss group and that the accounts of its customers would be transferred to the acquirer.
Bill Winster, executive vice president of Standard Chartered, said Standard Chartered would eliminate "marginal" businesses that were not in line with its ambitions, and that Standard Chartered aims to be a leading force in trade finance, investment and wealth management in Asia, Africa and the Middle East.
At the same time that Standard Chartered Bank announced its withdrawal from the Swiss market, it also caused a number of other banks to take similar measures. As the international community has reached an agreement on the sharing of information with overseas customers, the secrecy that the Swiss banking sector has maintained for centuries has declined.
But after the news came out, many media outlets were watching the Standard Chartered joke.
Barlake Bank's media: "Standard Chartered Bank has been completely kicked out of the European market since then!"
Société Générale's media: "Standard Chartered Bank lost Switzerland, leaving only an empty shell of its British headquarters in Europe!"
The media under the British Rice Bank: "Standard Chartered Bank was heavily fined by the US Department of Justice for 'money laundering' and paid a sky-high fine, its stock price plummeted by more than 20 percent, and its market value has now shrunk by more than $20 billion! However, what people did not expect is that Standard Chartered Bank may be investigated by the US Department of Justice again on charges of money laundering, so it is in a hurry to take action in Swiss private banking business! Standard Chartered Bank's pitiful market value of less than $40 billion cannot withstand a new round of sanctions!"
BNP Paribas media: "Standard Chartered Bank has entered a precarious situation since the high-level change, a large number of layoffs around the world, and the Asian business has also been seriously affected, Standard Chartered Bank's assets of nearly $700 billion have fallen to $630 billion, and now Standard Chartered Bank has sold the private business of Swiss banks, resulting in another decline in the scale of Standard Chartered's bank assets, and roughly estimated, the assets of Standard Chartered Bank have fallen below the $600 billion mark!"
UBS Group's media: "Standard Chartered Bank found its old rival UBS Group because it couldn't find a buyer, and UBS Group accepted the burden of Standard Chartered Bank at a very low price! Customer assets totaled more than $30 billion, and Standard Chartered Bank's stock price was hit hard again because of this news!"
UBS analyst: "Standard Chartered's 10-year profit myth has been ended, and it can only rely on a large number of layoffs to maintain no losses!"
"Standard Chartered does have a big problem with its business philosophy, the Americas don't welcome it, and Europe doesn't welcome it!"
"Next time, Standard Chartered Bank may also sell the office building of the UK headquarters!"
At this moment, in Singapore, at the headquarters of Singapore's sovereign wealth fund, in the president's office, Lim Zhaojie, chief of Singapore's sovereign wealth fund, and Chi-on YOON, president of UBS Asia Pacific, are having a good conversation. The two of them held wine glasses in their hands and slammed them with smiles on their faces!
Lin Zhaojie said seriously: "Mr. Yin Zhiyuan, thank you very much!", this time the loss of Standard Chartered Bank is not small, and the loss of customer deposits is serious again, and he calculated that the asset scale of Standard Chartered Bank must have fallen below 600 billion US dollars.
Now Standard Chartered Bank was first fined by sky-high prices in the United States, lost the Americas, and this time sold the Swiss private banking business, and then lost Europe!
He was very happy in his heart!
Yin Zhiyuan said with a smile: "It's a gesture, not to mention that we have always been friends!" Standard Chartered Bank was originally one of HSBC's important opponents in Asia, but now after the purge of the senior management of Standard Chartered Bank, it has stood with HSBC and has opposed them everywhere in Asia, hurting their interests a lot.
He continued: "We all have a common enemy!"
Lin Zhaojie smiled: "That's right!"
·· A few hours later, the headquarters of Standard Chartered Bank suddenly announced an in-depth cooperation with the Premier League giants Liverpool FC.
Since Standard Chartered Bank wants to fully enter Europe, it is inevitable to increase its popularity in Europe and spend a lot of money on advertising!
Standard Chartered said: "Standard Chartered will not give up on the European market!
The news headline of Standard Chartered Bank was immediately slapped in the face and ridiculed by various European media commentators and trolls.
"You're so thick-skinned!"
"It's all lost in Europe!
"When was the office building in London, England also sold?"
"Isn't the fine enough?
"It looks like Standard Chartered's share price will have to fall by more than 20%!"
"The spokesperson of Standard Chartered Bank has a brain in water!"
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10 minutes after Standard Chartered's announcement, Premier League giants Liverpool officially announced that the partnership with Standard Chartered Bank will be extended for six years, with a new contract until the end of the 2019-20 season.
In September 2009, Liverpool signed a four-year partnership agreement with Standard Chartered Bank until the end of the 13-14 season, when it was revealed that Standard Chartered would pay Liverpool £20 million a year in sponsorship fees.
As one of the most successful clubs in England and Europe, the chest advertising of the Liverpool jersey has been Carlsberg for many years.
However, in September 2009, Liverpool signed a sponsorship contract with Standard Chartered Bank, which stipulated that the Standard Chartered name and logo would appear on the chest of Liverpool's home and away shirts after July 2010 until the end of the 2013-14 season. Liverpool have enjoyed a great deal with Standard Chartered over the past three seasons, and after months of negotiations, the two sides have decided to extend their contract for another six years until the summer of 2019.
However, as for the annual sponsorship cost, Liverpool officials have not announced it.