US banks close branches
Weekly Global News Wrap: US banks closed 2,000+ branches in 2021; Morgan Stanley CEO pay raised to $35m
Weekly Global News Wrap: US banks closed 2,000+ branches in 2021; Morgan Stanley CEO pay raised to $35m
And Citi, BNP Paribas eye 7 February return-to-office date.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. UOB reports flat net profit growth in Q1 despite record fee income 4. J.P. Morgan unveils automated cross-currency payment collection and settling service 5. Sea rebrands digital finance business SeaMoney to MoneeResource Center
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Productive sectors need more capital to stimulate the slowing economy.
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