Standard
Bank Private Banking
Standard Bank London Private Banking
Standard
Bank London - Private Client Services
In addition to the business units that complement Standard's
investment banking activities, the Group provides a range
of products and services to high net worth individuals worldwide.
Standard Bank London provide onshore and offshore banking,
stockbroking and investment management, as well as offshore
and company establishment and administration services. In
general, clients should have a minimum of USD1m of assets
held in custody with our custodian. Standard Bank London offer
the following products:
Personal
Banking Products, including multi-currency current and deposit
accounts, foreign exchange spot and forward transactions payments
and remittances.
Standard
Bank London offer a Securities Dealing service for an extensive
range of investment products, executable in most major world
markets. They also offer access to a wide range of international
Investment Funds, Fixed Income Products, and Structured Products.
Equity
Lending allows a client to borrow funds using a stock portfolio
as collateral. The amount of borrowing is determined by the
nature of the collateral (e.g. for SFC authorised money funds,
90% of the fund value can be borrowed; for major exchange
equities, this proportion falls to 50%). The loan can be in
a different currency to the collateral, and unlike other banks,
Standard Bank London make no maintenance charge - you only
pay interest on the loan. The bank can also offer secure custodian
arrangements through Fledgling Nominees International Limited,
a wholly owned subsidiary of JP Morgan Chase & Co.
SBA
offers Collateralised Foreign Exchange facilities to its clients,
subject to initial and ongoing credit review and maintenance
of collateral against which leveraged trading is managed.
Clients benefit from access to one of the most active foreign
exchange desks in Hong Kong.
The
Group is a specialist in Precious Metals trading and financing,
and this specialist expertise can be offered to private clients
for trading or investment purposes.
For
further information on Standard Bank London Private Banking
visit the Standard Bank London Website.
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