Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
DBS branch in Hong Kong.Budrul Chukrut | SOPA Images, LightRocket | Getty ImagesSoutheast Asia's largest lender DBS Group reported a ...
Tag: Banks
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive.Current CEO ...
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox CEO Julian Teicke.WefoxWefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche ...
Bank of England governor says Israel-Hamas conflict poses risks to inflation fight
Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank's efforts to ...
Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
Armoured vehicles of the Israel Defense Forces (IDF) are seen during their ground operations at a location given as Gaza, ...
Amazon unveils buy now, pay later option from Affirm for small business owners
Alain Jocard | AFP | Getty ImagesAmazon is unveiling its first buy now, pay later checkout option for the millions ...
Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1
Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024.Pick, a Morgan ...
UK confirms plans to regulate crypto industry with formal legislation
Bitcoin, the world's largest cryptocurrency, has been stealthily rising in 2023.Chris Ratcliffe | Bloomberg | Getty ImagesThe U.K. government on ...
HSBC’s after-tax profit surges over 235% year-on-year, announces $3 billion share buyback
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC's profit after tax came in at $6.26 billion in the three ...
Supermarket bank branches are closing 7 times faster than other locations
Customers at a Safeway store in San Francisco.Getty ImagesAmerican banks have been shuttering branches located within supermarket chains at a ...
