SOME form of reimbursement standards for victims of bank scams could help the financial sector to mature digitally, industry watchers said, although a blanket reimbursement scheme would probably do more harm than good.
Home Investments Standards of reimbursement for bank scam victims could help financial sector digitalisation
- Advertisement -
Most Popular
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn by...
Nomura to shut branch in China as it scales back wealth business
The closure comes four years after Nomura announced the opening of the office in late 2021, when it was pushing to expand...
Japan confirms GDP contraction, backing Bank of Japan’s cautious stance
The central bank is widely expected to maintain its wait-and-see stance when it next meets on Jun 17
Revisions confirm Japan GDP contraction, backing Bank of Japan caution
Most economists expect the central bank to delay further rate hikes, with a majority anticipating no change in coming months
‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern
It is deemed “fair and reasonable” by the IFA to the deal
