Standard Chartered gains French foothold

The bank said France now accounts for about 10% of all European client revenue.

The Paris team is led by Raoul Leblanc, as manager of the Paris subsidiary. "Closer proximity to our clients in Paris will allow us to give them greater accessibility to the markets they want to do business in," said Leblanc. "French trade with emerging markets is soaring and becoming increasingly important."

Standard Chartered's Paris branch has initial capacity for 20 people. The team consists of relationship

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