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Weekly Global News Wrap: Ex-Goldman SEA chairman’s sentencing for 1MDB fiasco delayed; Crypto trader Voyager goes bust
Weekly Global News Wrap: Ex-Goldman SEA chairman’s sentencing for 1MDB fiasco delayed; Crypto trader Voyager goes bust
And Credit Suisse names new head of private banking in Switzerland.
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1. DBS surpasses US$100b market cap 2. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 3. Citi to slash 3,500 jobs in China 4. DBS first to accept CPF LIFE payouts for credit card applications 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource 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?