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Nast joins StanChart transaction banking team

23 February 2010

Standard Chartered Bank has appointed a new global head of product management for its transaction banking business.

Read more: [transaction banking business Singapore] [Standard Chartered Bank transaction banking Karen Fawcett]

Standard Chartered Bank has appointed banking industry veteran George Nast as global head of product management for its transaction banking business.

Nast is a former partner at McKinsey & Company, where he led the management consultancy’s Asia-Pacific wholesale banking practice. Working with domestic and foreign financial...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010