Standard Chartered to sell Bahrain retail operations to focus on larger markets (opens original article in a new tab)

Standard Chartered plans to sell its Bahrain retail and wealth operations to focus on larger markets, while maintaining corporate and investment banking in the country. The move aligns with a global strategy to enhance cross-border and affluent client services. HSBC and Citigroup have also exited Bahrain's retail banking sector.

• Standard Chartered to sell Bahrain retail and wealth operations to focus on larger markets
• Corporate and investment banking operations will continue in Bahrain
• HSBC and Citigroup previously exited Bahrain retail banking, reflecting a broader trend