Capital markets: Standard Chartered powers on wholesale

Emerging markets specialist announces raft of hires; Opportunities in equities and commodities

Rees on Why banks must change

No big bank in the US and Europe has proven to be immune to the financial crisis. Some, though, are bearing up better than others. One such is Standard Chartered, the emerging markets specialist, which is quickly growing its wholesale banking business.

Since January, the bank has embarked on a hiring spree in both its global markets and corporate finance units, of a kind more commonly seen in times of economic boom than bust.

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