Standard Chartered to Hire 1,800 for Trading Division
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Standard Chartered Plc plans to hire about 1,800 people for its global trading and underwriting operations over the next three years as the bank aims to more than double revenue from those businesses.
The expansion from the current 1,700 employees at the Financial Markets unit is part of a goal to boost net revenue from those operations to about $10 billion by 2014 from $4.4 billion last year, Leonard Feder, head of the division, said in a Nov. 25 interview in Singapore.