Asked whether StanChart could tell investors that it was now done with lawsuits, CEO Peter Sands said: "The industry is being attacked from all sides. We've still got a lot of the regulatory agenda still to unfold in terms of the European Banking Union, the independent commission of banking in the UK," referring to new measures being taken to regulate the banking sector.
"We're very glad to have settled the U.S. issues, and we're very much focused now on the growth opportunities we seek...accelerating investments in Africa, in Southeast Asia, in China, and we stepped up investments in the second half of last year," Sands told CNBC on the sidelines of the World Economic Forum in Davos.
While much of Britain's banking sector has shrunk, StanChart, has continued to hire and increase its earnings on the back of growth in its Asian markets. The bank is listed in Hong Kong as well as London.
Banks globally, meanwhile, have been cutting jobs as they grapple with high costs and tighter banking rules that have dented their profitability.
British bank Barclays, for instance, is expected to cut around 2,000 investment bank jobs as part of a restructuring that is due to be unveiled next month, according to recent reports in the media. Citibank said last month that it would axe 11,000 jobs, while Goldman Sachs reduced its workforce by 3 percent in 2012.