Featured Archives • Page 17 of 1306 • Financial News

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Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group.

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Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si

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The company’s shares rise above the key metric for first time since 2016

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It’s part of a plan to finance a US$2 trillion economic overhaul

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This could free up extra lending and higher payouts to shareholders

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OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago

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OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago

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OCBC shares surged further to another new high on Wednesday (Dec 3) after a record-breaking performance on Tuesday.

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Bitcoin has also dropped about 30% from October highs

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Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations.

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