Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model
The bank says Nelson’s appointment follows a robust process assessing internal and external candidates
The shorter-term deposit products carry interest rates around 1.2% to 1.8%
Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group.
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si
The company’s shares rise above the key metric for first time since 2016
It’s part of a plan to finance a US$2 trillion economic overhaul
This could free up extra lending and higher payouts to shareholders
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago












