# Standard Chartered
Latest news and articles about Standard Chartered
Total: 3 articles found
The Redback’s Rise: How Geopolitics and Policy are Doubling Global Renminbi Usage
Standard Chartered's RGI reports that global renminbi usage has doubled in ten years, driven by geopolitical shifts and robust offshore bond markets. As US dollar hegemony faces pressure from sanctions and inflation, the RMB has emerged as a critical alternative for trade settlement and investment.
The Algorithmic Axe: How AI is Redrawing the Human Map of Global Finance
Standard Chartered’s plan to cut 8,000 jobs highlights a global banking trend where generative AI is replacing back-office functions. While Western banks focus on structural optimization, Chinese state banks are aggressively hiring AI talent, reflecting a broader shift from labor-intensive operations to algorithm-driven finance.
Hong Kong Bets on Institutional Stability as HSBC and Standard Chartered-Backed JV Secure Landmark Stablecoin Licenses
The Hong Kong Monetary Authority has granted its first stablecoin issuer licenses to HSBC and the Standard Chartered-backed venture AnchorPoint. Both entities plan to launch Hong Kong dollar-pegged stablecoins in 2026, aiming to integrate digital assets into mainstream retail payment systems like PayMe.