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forbes.comThe new initiative began operations on Wednesday to advance education, advocacy and communications between the Ethereum blockchain and large financial institutions. Standard Chartered Bank and several Ethereum ecosystem leaders endorsed the effort as a sign of the network's matur…
CoinDeskStandard Chartered will fully acquire Zodia Custody with signing targeted for end of June and completion by end of August. The deal will merge the bank's digital custody operations in Dubai, Luxembourg, and Hong Kong into Zodia before retiring the Zodia Custody brand.
investopedia.comStandard Chartered analyst Geoff Kendrick said Ethereum's price decline since August 2025 is temporary. The bank kept its $4,000 target for the end of 2026 and $40,000 target for the end of 2030.
The IndependentStandard Chartered announced plans to cut about 7,800 back-office jobs by 2030 as it increases use of artificial intelligence. CEO Bill Winters later apologized for describing some roles as lower-value human capital during an investor event.
Standard Chartered forecasts that tokenized assets will grow to $4 trillion by 2028, with non-stablecoin assets and stablecoins each reaching $2 trillion. The bank says decentralized finance protocols will be the main beneficiaries rather than Ethereum or Solana.
JPMorgan CEO Jamie Dimon addressed remarks by Standard Chartered CEO Bill Winters about AI-related job changes. Dimon described the phrasing as inartful and outlined plans to support affected employees.
The IndependentStandard Chartered announced plans to reduce around 7,800 positions as it expands artificial intelligence across operations. The bank aims to raise return on tangible equity above 15 percent by 2028.
ftfnews.comStandard Chartered plans to cut about 7,500 support positions by 2030 while expanding its use of artificial intelligence. The bank said the reductions are part of a shift toward greater investment in technology.
rte.ieStandard Chartered announced plans to reduce its corporate workforce by more than 15 percent by 2030 while increasing investment in automation and artificial intelligence. The bank also raised its long-term profitability targets.
CoinDeskStandard Chartered analysts estimate that tokenized assets on public blockchains could reach $4 trillion by the end of 2028. The projection includes stablecoins and tokenized real-world assets such as bonds and funds.
CoinDeskStandard Chartered will buy the shares of its cryptocurrency custodian subsidiary that it does not already own. The bank's non-binding offer was accepted by the firm's other shareholders and noteholders.
ftfnews.comStandard Chartered has appointed Manus Costello as group chief financial officer and executive director on the board, effective immediately. Costello will also serve as interim group chief financial officer during the transition.
Substrate placeholder — needs reviewThe Hong Kong Monetary Authority has issued its first stablecoin issuer licenses to a consortium led by HSBC and Standard Chartered. This marks the initial approvals under Hong Kong's new regulatory framework for stablecoins. The move supports the city's efforts to develop its vi…