Keep pulling the thread on Bill Winters.
The combined Hong Kong and China market is by far the biggest source of profit for Standard Chartered.
During its turnaround, Standard Chartered wrote off a quarter of its book equity and conducted a rights offering to replenish capital.
In his first year as CEO of Standard Chartered, Bill Winters oversaw a one-third reduction in the bank's balance sheet, half of which he now believes was unnecessary.
Bill Winters predicts that US tariffs will ultimately settle at 10% for most of the world and 25% for China.
Bill Winters believes the world is moving towards separate financial systems, one centered around the US dollar and another being built by China as an alternative.
Bill Winters predicts that major emerging economies like India, Brazil, South Africa, and the Middle East will not choose sides between US and Chinese financial systems and will instead operate in both.
Bill Winters believes that eventually all financial assets, including securities, money, and real-world assets like property, will be settled on blockchains.
Bank regulators, including Andrew Bailey of the Bank of England, are concerned that a financial system based on stablecoins could drain deposits from the banking system to fund government deficits, creating instability.
The Norwegian Sovereign Wealth Fund owns more than 2% of Standard Chartered, a stake valued at one billion dollars.
Standard Chartered is the second largest trade bank in Asia.
Singapore serves as the major operational hub for Standard Chartered, while India is its primary operations center.
Temasek Holdings is the largest shareholder of Standard Chartered.