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. Built to last: How Japan is approaching the cross-border payments challenge 2. DBS to hire over 500 young talent in 2026 amidst AI push 3. MAS revokes BSQ payment licence over false disclosures and risk failures 4. Grab takes control of Indonesia’s Superbank via GXS transfer 5. HK banks to gain on IPO surge and stabilising property marketResource Center
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It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance