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Standard Chartered Research Finds Continued Confidence in Growth Outside Home Markets Amongst European and US Companies


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Asia remains a major growth region with Africa and Middle East seeing incremental increase
A second research study by Standard Chartered on the international growth strategies and challenges that CFOs and Treasurers in the US, the UK, Germany and France face indicate that, despite uncertainty caused by the global pandemic and its associated economic repercussions, overseas markets remain key to growth. The study also revealed incremental emphasis towards investing in digital technology, unlocking trapped cash and increased focus on environmental, social and governance (ESG) issues in relation to trade and supply chains.
Since the first study six months ago, respondents have indicated increased business confidence in growth across borders, where 42% (up from 37%) of companies see the best growth opportunities outside of their home markets. ....

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Standard Chartered Sets Senior Leadership Diversity Targets Across UK and US - Press Release


12.7%
In a joint statement,
Tracy Clarke, Regional CEO Europe and Americas, and Torry Berntsen, CEO and Head of Corporate and Institutional Banking, Americas, who replaces Tracy as Regional CEO, Europe and Americas, from 1 January 2021, said: “We believe that diversity is a competitive advantage and that companies should be accountable for ethnic representation and equality for all team members. This is about being transparent and living up to our valued behaviours of doing the right thing and never settle.
“Having a workforce whose nationality and ethnicity are broadly representative of our markets and client base mean we can understand and support our colleagues and our clients better. It also helps us make fair decisions, remain open and transparent, and make sure that hiring decisions are always made based on a candidate’s skills suitability for the job. Setting these goals will help us to track and drive progress.” ....

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