The licence cancellation puts the spotlight on the dwindling significance of payment banks in the banking system
The closing of the firm comes at an inflection point for the hedge fund industry
Some banks are applying AI within their private banking units and making revenue gains
Net income rose 2.7% from a year earlier to 73.9 billion yen in the three months ended March 31
ANZ Group Holdings has hired its first chief data and AI officer, as competition over artificial intelligence talent intensifies among big banks...
The bank claims Leissner transferred some money into accounts and shell entities in his wife’s name
Revenue is up 49% to S$136.8 million; its wealth management and Hong Kong ePension businesses are more profitable
Billed business increased 10% to US$428 billion
Combined, the three lenders employed 104,266 people at end-2025, down 2.6% from the year before
The reductions come two months after a separate round of cuts that will claim around 300 roles
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