THE Financial Action Task Force (FATF) has appointed T. Raja Kumar as its next president during its recent plenary, marking the first time Singapore is taking on the FATF presidency.
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ANZ plans to cut 3,500 staff over next year on CEO revamp
The bank is expected to incur a restructuring charge of about A$560 million before tax in the second half of this year
ANZ bank plans to cut 3,500 employees within the next year
ANZ Group Holdings expects 3,500 employees to leave the bank by September 2026, the lender said on Tuesday (Sep 9).
US consumer borrowing rises most in three months on credit cards
Rising inflation may also be pushing consumers to take on more debt as they turn to credit to cover higher day-to-day expenses
