Abstract

The case discusses the acquisition of American Express Bank (AEB) by the UK-based Standard Chartered Bank. The deal marked the exit of AEB from its non-core business and for Standard Chartered it meant greater presence in the Asian countries and high net worth customers. The case also discusses how the deal was financed and the benefits both the parties expected to derive from it.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Examine the rationale behind the acquisition of AEB by Standard Chartered bank.
• Understand the benefits Standard Chartered derived from the deal.
• Analyze the post acquisition issues and challenges.

Keywords

Standard Chartered Bank, American Express Bank, American Express Company, Private Banking, Acquisition, Dollar Clearing Business, Acquisition Deal Synergies, Regulatory Issues, Hsinchu International Bank, Consumer Banking, Investment Management, Commercial Banking, Integration Issues, Asset Management