Silicon Valley Bank
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
Singapore's MAS: banking system sound amidst US bank failures
MAS said that its local banks have “insignificant exposures” to the failed banks.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. Malaysia fines two banks for non-compliance with AML/ CFT requirements 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. HSBC, Allianz Life launch wealth growth and life protection plan in MalaysiaResource 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?