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2 Weeks Ago: 4th November 2009 10:28
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#5
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TSR Demigod
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Re: Standard Chartered- potentially superthick question
StanChar don't really do investment banking. What they have (known as wholesale banking) is akin to what Lloyds Banking Group do. Whilst they offer M&A, capital markets and secondary markets execution, most of their wholesale banking profits come from transaction banking (doing stuff like: cash management, securities services, trade services and treasury services). And that's probably where most of their graduates will be based.
With regards to internships, as 90% of their business comes from Asia, most of their internships might take place in Asia and there they might have the US-esque recruiting system as in people apply through their school application portal rather than apply through the bank's website.
You might email them to get a better clarification on the above points.
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