PINNED ON THE wall in the Hong Kong office of Jaspal Bindra, chief executive Asia of Standard Chartered, is a football scarf with Liverpool printed on one half of it and the name of his bank on the other. Like much of what the bank does these days, its sponsorship deal with one of the English Premier League’s leading clubs was a bold statement of intent. It was also a savvy piece of branding, bringing the (nominally UK-based) bank to the attention of both Liverpool’s domestic followers and its large Asian fan base.
There is a confidence and sense of purpose about the management of Standard Chartered in Asia these days. The firm had a good crisis. It avoided the reputational damage and balance-sheet destruction that have hammered its peers in the past two years. Its base in the emerging markets of the Middle East, Africa...
