Standard Chartered Bank's Acquisition of American Express Bank (A)

Case Code: BSTR347
Case Length: 18 Pages
Period: 2007
Pub Date: 2009
Teaching Note: Not Available

Price: Rs.300
Organization: Standard Chartered Bank, American Express Bank
Industry: Banking, Financial Services
Countries: UK, USA
Themes: Mergers, Acquisitions, Strategic Alliances

Abstract Case Intro 1 Case Intro 2 Excerpts

Background Note

STANDARD CHARTERED
The history of StanChart (Stanchart) can be traced back to 1853, when Queen Victoria of Great Britain granted a Royal Charter to James Wilson allowing him to set up a bank named Chartered Bank. Chartered Bank started operations in 1858 by opening three branches, one each in Mumbai, Kolkata and Shanghai...

AMERICAN EXPRESS BANK
American Express was established in 1850 in New York as a parcel delivery company. It took advantage of the fact that the US postal services were slow and expensive, to expand its footprint and entered into areas where the US postal services were not available...

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