Singapore sees ‘strong interest’ in digital bank licenses
Singapore has received “strong interest” in its effort to open up the banking industry to fresh competition after 21 groups ...
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Citi’s investment bank plans to hire 2,500 coders this year
Citigroup Inc. plans to recruit 2,500 programmers this year for the unit that houses its traders and investment bankers, bulking ...
Two more groups submit Singapore digital banking license bids
Two more consortiums said they submitted bids for digital banking licenses in Singapore as companies, ranging from a massage chair ...
Banks can take cues from challengers on digital customer acquisition: Gartner
While large banks may not feel threatened by personal finance apps or digital-only challengers, they can learn from them on ...
Mike Mayo keeps the hoodie on as banks turn to tech
Wall Street’s focus on Silicon Valley has helped lift shares of Citigroup Inc., Bank of America Corp. and JPMorgan Chase ...
Big banks feel pressure to compete with digital lenders: S&P
The past year saw digital lenders enhance their product suites beyond credit, as big banks focused on adding features to ...
Jack Ma’s Ant Financial joins Singapore digital banking race
Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform ...
Digital lending gold rush to continue through 2023, research suggests
Digital lenders will continue to pursue product diversification strategies as companies expand market share in the coming years, research from ...
Grab, Singtel team up on Singapore digital bank license bid
Grab Holdings Inc. is partnering with Singapore Telecommunications Ltd. to apply for a full digital banking license, jumping aboard a ...
Trust in UK startup banks growing among all age categories, data shows
The notion that customers don’t trust non-legacy banking brands is starting to fade, at least in the U.K. A study ...
