British Foreign Secretary Joins Standard Chartered New York Office Opening Celebrations
New York, September 21, 2011
Today the Rt. Hon. William Hague, MP, Secretary of State for Foreign and Commonwealth Affairs, joined Peter Sands, Group Chief Executive of Standard Chartered and other Bank executives and staff to celebrate the official opening of the Bank's new Americas headquarters at 1095 Avenue of the Americas in midtown Manhattan.
Standard Chartered has a banking history of more than 100 years in the United States and more than 40 years in Latin America. The strength of the Bank's global network and long history in its core markets of Asia, Africa and the Middle East means the Americas business is well positioned to take advantage of growing west-to-east and south-south trade.
"Trade and investment are absolutely critical to sustaining economic recovery in global markets", said the Foreign Secretary. "The opening of Standard Chartered's New York offices underlines their commitment to their Americas operations. These offices will play a vital role in facilitating trade and investment flows between the Americas and Standard Chartered's core markets".
Thanks to a considerable in-house art collection, Standard Chartered's new office space fuses cultural influences from Asia, Africa, the Middle East and the Americas with stunning New York architectural design. It boasts a state-of-the-art trading floor, world-class client facilities and floor-to-ceiling windows that feature sweeping views of Manhattan.
"Our new office space provides a strong visual metaphor and a superb platform for what we want to achieve in the Americas", said Peter Sands. "We have deep and long standing client relationships that rely on Standard Chartered's experience in our footprint across Asia, Africa, the Middle East and the Americas to help them expand into some of the world's fastest growing markets".
Approximately 500 Standard Chartered staff now occupy three floors in the building, totalling 107,000 square feet. The space is LEED gold-certified and features energy- and water-efficient systems, a "living wall" of greenery linking the three floors and extensive use of recycled materials.
For further information please contact:
Standard Chartered Bank
Corporate Affairs, Americas
For media inquiries regarding the British Foreign Secretary's current visit to the U.S., please contact:
Press and Public Affairs Officer
British Consulate-General, New York
Note to editors:
Standard Chartered – leading the way in Asia, Africa and the Middle East
Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India.
With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities for around 85,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. Standard Chartered's heritage and values are expressed in its brand promise, 'Here for good'.
About Standard Chartered Bank in the Americas
Standard Chartered Bank operates in 17 locations in eight countries in the Americas, including the United States, Canada, Argentina, Brazil, Chile, Colombia, Mexico and Peru. The bank's primary function in the region is to facilitate trade and investment flows between the Americas and Standard Chartered Bank's core geographies of Asia, Africa and the Middle East.
Standard Chartered's New York-based wholesale bank provides financial products and services to corporations, financial institutions and development organizations in the Americas. Wholesale banking comprises of Origination and Client Coverage, Transaction Banking, Financial Markets and Corporate Finance groups. Key products include trade finance services, cash management, treasury, foreign exchange and interest rate products, commodity finance, and structured import and export finance services.
For more information on Standard Chartered, please visit: www.sc.com.