[image: DealBook - A Financial News Service of The New York
Times]<http://dealbook.blogs.nytimes.com/>
 <http://www.nytimes.com/adx/bin/adx_click.html?type=cookie&pos=Position1B>
  May 17, 2010, 1:39 pm In iPhone-BlackBerry War, Standard Chartered Chooses
Choice

For a Wall Street financier, few tools are as essential as the BlackBerry.
Fingers are all but glued to the device’s plastic keyboard, eyes fixated on
its blinking message light.

What about the Apple iPhone, with its plethora of apps? Many a banker — or
at the least, his or her I.T. department — considers it a toy, not a real
work device.

But *Standard 
Chartered<http://topics.nytimes.com/top/news/business/companies/standard_chartered/index.html?inline=nyt-org>
*, the big Asia-focused bank, has decided to let its employees choose,
offering them the option of either smartphone, Reuters
reports.<http://dealbook.blogs.nytimes.com/2010/05/17/in-iphone-blackberry-war-standard-chartered-chooses-choice/%27http://www.nytimes.com/reuters/2010/05/17/business/business-us-blackberry-iphone-banks.html?dbk>

Plenty of bankers already keep iPhones as their personal (i.e., nonexpensed)
phones. But Standard Chartered is letting employees get them on the company
plan.

More from Reuters:

“It’s a groupwide initiative involving wholesale and consumer banks
globally,” a Singapore-based spokeswoman for Standard Chartered told
Reuters. The spokeswoman declined to be identified due to company policy.

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 BlackBerrys or when the switchover could be completed.

Bankers at other financial institutions such as *HSBC
Holdings<http://topics.nytimes.com/top/news/business/companies/hsbc_holdings_plc/index.html?inline=nyt-org>
* and *Morgan 
Stanley<http://topics.nytimes.com/top/news/business/companies/morgan_stanley/index.html?inline=nyt-org>
* 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
R.I.M.,” said Lu Chialin, an I.T. 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 R.I.M.”

Back in 2008, an HSBC executive told ZDNet Australia that the British bank
was considering switching its employees over to the iPhone. That hasn’t
happened — at least, not yet.

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