Standard Chartered expands Middle East presence

Standard Chartered Bank has expanded its custody network in the United Arab Emirates (UAE) with the addition of Abu Dhabi Securities Exchange.The tie-up is in line with the bankÆs strategy to expand its securities services business in the Middle East. Standard Chartered now provides full custody services in three markets in the Middle East, including the Dubai International Financial Exchange and the Dubai Financial Market.The Middle East is considered among the hottest destinations…