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Monday, 17 May 2010 - Apple's iPhone replaces Blackberry for some bankers |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Final Thai crackdown feared as guests evacuate | Video 3:09am EDT Volcanic ash grounds hundreds of European flights | Video 3:05am EDT Britain says to ease no-fly decree on Heathrow 12:58am EDT Europe blocks U.S. emergency exit door 16 May 2010 BP says progress in effort to contain oil spill | Video 3:15am EDT Thailand toughens stand against spiraling protests | Video 16 May 2010 Japan PM's dilemma over U.S. base deepens before poll 16 May 2010 UPDATE 1-WHO study has no clear answer on phones and cancer 16 May 2010 Iran, Brazil, Turkey sign nuclear swap deal 3:06am EDT FOREX-Euro extends losses to hit 4-yr low on debt woes 1:21am EDT Final Thai crackdown feared as guests evacuate | Video 3:09am EDT Heavy metal veteran Ronnie James Dio dies, aged 67 16 May 2010 Video of American drowned saving son shocks Italy 16 May 2010 Google says mistakenly got wireless data 16 May 2010 Africa's lake Tanganyika warming fast, life dying 16 May 2010 Iran, Brazil, Turkey sign nuclear swap deal 3:06am EDT Britain says to ease no-fly decree on Heathrow 12:58am EDT Volcanic ash grounds hundreds of European flights | Video 3:05am EDT UPDATE 1-WHO study has no clear answer on phones and cancer 16 May 2010 Gold rises toward peak, investors lift ETF to record 2:00am EDT Apple's iPhone replaces Blackberry for some bankers Kevin Lim and George Chen SINGAPORE/HONG KONG Mon May 17, 2010 1:57am EDT Related News UPDATE 3-Google to stop selling smartphone on the Web Fri, May 14 2010 UPDATE 4-StanChart makes move for S.Africa's Nedbank-source Wed, May 12 2010 Apple questions Android smartphone surge Tue, May 11 2010 Google's Android takes No 2 spot from iPhone Mon, May 10 2010 UPDATE 1-Google's Android takes No 2 spot from iPhone in US Mon, May 10 2010 An Apple iPhone is shown at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 5, 2010. Credit: Reuters/Steve Marcus SINGAPORE/HONG KONG (Reuters) - British bank Standard Chartered is replacing the Blackberry, currently its standard corporate communication device, with the iPhone, a move that could eventually result in thousands of its bankers switching to the Apple device for business communication on the go. ipad  |  Lifestyle  |  Media  |  China Standard Chartered bankers in Asia told Reuters that the London-based lender was giving its corporate Blackberry users the option of switching to the iPhone, with the company agreeing to continue to pay monthly billing for business-related telephone and data services. "It's a group-wide initiative involving wholesale and consumer banks globally," said a Singapore-based spokeswoman for Standard Chartered, told Reuters. The process of migrating corporate email services from the Blackberry to the iPhone started about a month ago, said the spokeswoman, although she did not know how many of the Asia-focused bank's 75,000 employees used company-issued Blackberries or when the switchover could be completed. Bankers at other financial institutions such as HSBC Holdings Plc and Morgan Stanley have so far been restricted to the Blackberry as the standard device issued by their firms for business communications. Despite some indications of change, it may take time for a broader switch to take place, mainly because of security concerns, according to financial professionals and information technology analysts. "If more companies switch to the iPhone, this is of course bad news for RIM," said Lu Chialin, an IT industry analyst at Macquarie Securities in Taipei. "However, it will take a long time for companies to do their own internal testing before deciding to change, so it will be a while before it has any effect on RIM." Blackberries, from Canada's Research in Motion, are the device of choice for bankers and executives who need regular access to email and the Internet when outside the office. RIM had the biggest share of the U.S. smartphone market at 36 percent, ahead of handsets running Google's Android operating system with 28 percent and Apple with 21 percent, according to a recent study by NPB Group. Singapore-headquartered Oversea-Chinese Banking Corp began offering its staff the choice of Blackberry or iPhone about a year ago, although most of its bankers have so far stuck to their Blackberries. Some small, privately-held financial companies in Asia have also started allowing employees to port corporate emails to their personal iPhones on request, bankers and asset managers told Trading China, a Thomson Reuters online community for financial professionals focusing on the Greater China market. The biggest issue for most companies choosing telephone and email hardware is data encryption, said Macquarie's Lin. "RIM has a system that is more effective than most other handset makers, so if there is a shift toward the iPhone it's not going to happen overnight but rather a slow and gradual change." he said. (Additional reporting by Kelvin Soh in Hong Kong) ipad Lifestyle Media China     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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