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Broadcom, Standard Chartered Join To Accelerate Bank’s Global Infrastructure Modernization

Ryan Ashford 1 min read  ·  July 16, 2026
Broadcom, Standard Chartered Join To Accelerate Bank’s Global Infrastructure Modernization

(RTTNews) – Broadcom Inc. (AVGO) and Standard Chartered (STAN.L, STAC.L, 2888.HK) announced a long-term strategic commitment to accelerate the banks global infrastructure modernization by establishing a secure, resilient private cloud foundation to seamlessly support critical banking services across 54 global markets. Standard Chartered has realigned its infrastructure delivery to a fully integrated software-defined private cloud environment using VMware Cloud Foundation.

“Global financial institutions require infrastructure that combines resilience, security and operational simplicity at scale,” said Krish Prasad, senior vice president and general manager, VMware Cloud Foundation Division, Broadcom.

At last close on NasdaqGS, Broadcom shares were trading at $394.28, up 1.33%.

Written by

Ryan Ashford

Senior markets analyst · Podcast host

Ryan covers global equity markets, interest rate cycles, and the macro forces reshaping capital flows. Before Eagle One, he spent a decade at institutional trading desks writing cross-asset research for fund managers. His work translates complex monetary signals into clear investor decisions.

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