European Union
Weekly Global News Wrap: Credit Suisse chairman apologises to shareholders; EU banks must be “conservative” with dividends, payouts
Weekly Global News Wrap: Credit Suisse chairman apologises to shareholders; EU banks must be “conservative” with dividends, payouts
And JPMorgan Chase & Co CEO Jamie Dimon said banking crisis not yet over.
Weekly Global News Wrap: US Fed stress test clears banks for stock buybacks; EU leaders promise to complete banking union someday
And banking jobs in Frankfurt are falling despite boost from Brexit.
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1. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. ANZ names Stephen White as group executive operations 4. Citi to slash 3,500 jobs in China 5. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEsResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?