Banking
HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese
HSBC Holdings has written off its remaining 5.4% stake in UK-based fintech Monese.
HSBC acquired a minority interest in Monese for £35 million...
Banking
JP Morgan to bolster community presence with planned hiring spree in US
JP Morgan Chase plans to hire 75 community managers by 2030 to enhance financial inclusion in underserved communities across the US.
The role...
Banking
Singapore Gulf Bank strengthens C-Suite ahead of launch
Ali AlShamma has been appointed as Chief Financial Officer (CFO) of SGB. He previously served as CFO for Goldman Sachs and Citigroup in...
AI
Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom Bank, a subsidiary of Kredivo Group, is launching digital banking services through its partnership with Amazon Web Services (AWS).
Utilizing AWS Cloud,...
Banking
HSBC group COO John Hinshaw steps down after five years
John Hinshaw, HSBC’s Group Chief Operating Officer (COO), is stepping down after five years and will take six months of gardening leave.
Hinshaw...
Banking
Commerce Bank partners FIS for loyalty programme management platform
Partnership: Commerce Bank, a $30.6 billion-asset regional bank headquartered in Kansas City, has partnered with FIS to implement a new loyalty program management...
Banking
Sonali Bangladesh UK selects Finastra Essence for core banking tech overhaul
Partnership: SBUK, a UK-based bank focused on trade finance in Bangladesh, has selected Finastra Essence, a core banking solution, to modernize its banking...
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