africabusinesscommunities.com · 1d
Standard Chartered mulls sale of its Wealth & Retail Banking businesses in Botswana, Uganda and Zambia
The Group is exploring the potential sale of its Wealth & Retail Banking (WRB) businesses in Botswana, Uganda and Zambia. The Group will concentrate its resources in these markets on serving the cross-border needs of global corporate and financial institution clients.
sc · 3d
Standard Chartered explores the sale of a small number of businesses to boost investment in its affluent franchise
Standard Chartered PLC (the Group) announces the first in a small number of potential business exits to fund incremental investment in its leading wealth management business. This aligns with the refreshed strategic priorities shared in the Group’s third quarter 2024 (Q3’24) results,
kfm · 2d
Standard Chartered mulls sale of wealth, retail operations in Uganda
By MARTIN LUTHER OKETCH Standard Chartered said Wednesday it is exploring a potential divestment of its wealth and retail banking operations in Uganda, Zambia and Botswana as part of a strategic refocus on its affluent client base.
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