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StanChart targets $200 billion in new wealth assets over next five years

Reuters
Summary
Nutrition label

82% Informative

Standard Chartered will target $200 billion in new assets and double digit growth in income from its wealth business over the next five years .

The bank will also aim to double the size of its relationship manager team by 2028 .

The move is part of a wider strategy to shift to higher fee-earning businesses.

VR Score

93

Informative language

99

Neutral language

75

Article tone

semi-formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

Source diversity

no sources

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