StanChart hires 4,000 staff in Asia

first_imgTuesday 9 November 2010 9:11 pm Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution StanChart hires 4,000 staff in Asia Standard Chartered yesterday revealed it will create 4,000 jobs in Asia, fuelling fresh fears that London is missing out on a global banking jobs boom.A StanChart spokesman told City A.M. the majority will be based in Singapore, with some in Indonesia.The announcement came as David Cameron and George Osborne arrived in Beijing to promote UK exports to China. Meanwhile business secretary Vince Cable, also part of the China convoy, claimed banks threatening to quit the UK over regulation and tax are merely sabre-rattling.He said banks reconsidering their domicile is “a familiar negotiating technique,” albeit one that should “be taken seriously”. “You have got to balance that against our national interest. Banks have to be safe and that means that the regulations have to take into account the potential problems created by cash bonuses,” he told Bloomberg TV.Cable was responding to RBS chairman Sir Philip Hammond who warned banks could be forced out of Europe as a result of draconian new rules, which include strict capital requirements. HSBC also slammed UK?and EU?policies last Friday.Last month City A.M. revealed Barclays is weighing up the costs of quitting its UK base. Standard Chartered has also considered its position but has no immediate plans to relocate. center_img Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Share whatsapplast_img read more