Darren Buckley
Better rates, lower fees not enough for digital banks to make a profit: analyst
Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
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1. DBS surpasses US$100b market cap 2. DBS first to accept CPF LIFE payouts for credit card applications 3. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 4. Citi to slash 3,500 jobs in China 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
