Standard Chartered had appointed Karby Leggett as the regional head of digital assets. Karby Leggett?s new role will span across Greater China, North Asia, South Asia, and ASEAN as part of the Digital Assets Center of Excellence at Standard Chartered. This appointment is in addition to his existing position as the global head of the official institutions group, which is a part of the bank?s global research team.
The expanded responsibilities have been introduced as digital assets and official sector engagement increasingly intersect across the bank?s markets. This trend is driven by clients who are exploring the transformative potential of these technologies for their business models and financial ecosystems. Mr. Leggett?s vast experience in working with governments, multilateral organizations, and other official sector stakeholders will be critical in accelerating Standard Chartered?s digital assets strategy. His expertise will also contribute to reinforcing the bank?s leadership in this area and in delivering innovative solutions to its clients across Asia.
Standard Chartered PLC is the leading banking group in the emerging countries. Net banking product breaks down by activity as follows:
- retail and private banking (70.3%): sale of products and traditional banking services, issue of credit cards, consumer and real estate loans, small and medium business loans, on-line banking, etc.;
- commercial, corporate, investment, and market banking (28.4%): business financing, credit unions, sales of structured products, cash and rate management, security compensation and conservation, fund management, etc.;
- other (1.3%).
At the end of 2024, the group had USD 464.5 billion in current deposits and USD 281 billion in current loans.
Income is distributed geographically as follows: the United Kingdom (1.4%), Hong Kong (24.5%), Singapore (13.2%), China (6.8%), India (6.8%), the United States (6.6%), South Korea (5.5%), United Arab Emirates (4.3%), Taiwan (3%) and other (27.9%).
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