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OCBC says it 'may not need so many branches' with plans to review office space

OCBC says it may not need so many branches with plans to review office space
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OCBC Bank headquarters at Chulia Street. (File photo: AFP)
29 Apr 2021 05:20PM)
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SINGAPORE: Singapore’s second largest bank OCBC will be reviewing its office space requirements, including the number of bank branches it has, amid changes to working patterns brought about by the pandemic.
“COVID-19 has pointed to us that there is a place for hybrid operation for our staff in the sense that some can work from home and some can work from (the) office,” said its chairman Ooi Sang Kuang in response to a shareholder’s question at the bank’s virtual annual general meeting on Thursday (Apr 29). ....

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SG coffee house Dimbulah reportedly shuts 3 outlets

SG coffee house Dimbulah reportedly shuts 3 outlets
marketing-interactive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketing-interactive.com Daily Mail and Mail on Sunday newspapers.

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Hongkong Land opens new show suites of The Marq

Hongkong Land opens new show suites of The Marq
vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.

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Man jailed 12 years in Singapore for role in S$2.5m scam that targeted high net-worth individuals | Singapore

Tuesday, 20 Apr 2021 02:24 PM MYT
Wei Yong, who is linked to a transnational syndicate, pleaded guilty to four charges of cheating and one charge under the Passport Act. Pixabay pic via TODAY
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SINGAPORE, April 20 A 44-year-old man involved in a transnational syndicate that scammed high net-worth individuals by using shell companies set up in Singapore and the United States was jailed for 12 years and one month yesterday.
Since 2017, Chinese national Wei Yong had worked with four accomplices to dupe 10 businessmen nine Chinese nationals and one South Korean into parting with more than S$2.5 million (RM7.75 million) in total. ....

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Cloud presence: Standard Chartered's journey to cloud-first financial services

Sooraj Shah – March 2021
Dr Michael Gorriz, group CIO of Standard Chartered, describes how the multinational bank has enthusiastically but judiciously embraced the cloud as the new foundation for both digital innovation and traditional core banking systems.
When Dr Michael Gorriz joined financial services company Standard Chartered in July 2015 as group CIO, his mission was to raise the bank’s digital capabilities to the point where its vast multinational retail and wholesale businesses could run services in an integrated and seamless fashion, 24x7.
Such digital ambitions were never going to come cheap, and in subsequent years the company saw annual investment in technology double to $1.6 billion as it sought to build the new foundation to underpin that. It included an architecture based of APIs that would enable external services to be securely connected to the bank’s core systems while also delivering integration across key internal systems, microservi ....

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