FOLLOWING a pushback from irate customers, CIMB Bank Singapore will delay the start date – to Jan 1, 2021 – of its higher minimum rate for certain mortgages pegged to the Singapore inter-bank offered rate (Sibor) and Swap offer rate (Sor).
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StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs...
The lender will cut more than 15% of its global corporate function headcount, but the impact on Singapore roles remains unclear
StanChart Singapore to hire more wealth bankers amid global cuts; impact on other roles...
The lender plans to cut more than 15% of its global corporate function headcount
StanChart to cut more than 7,000 jobs as bank steps up AI adoption
StanChart is one of the first major global banks to lay out official plans to cut thousands of jobs, citing AI as a driver...
AI replaces ‘lower-value human capital’, StanChart CEO says
Bill Winters’ remarks echo a growing candor among global financial leaders regarding the realities of automation
