Goldman Sachs temporarily closes Marcus for new UK customers
Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion...
Tag : banks
Neobank diary: Data is everything
Neobanks in Southeast Asia rival traditional banks with unique digital propositions built on vast amounts of customer data...
New digital bank called Sparkle launches in Nigeria
Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie...
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
UOB approves loans worth $4 bn for impacted businesses in Singapore
These loans come under Enterprise Singapore's Temporary Bridging Loan Programme...
Riyad Bank plans early redemption of $1.06 billion sukuk due in 2025
The bank has received regulatory approval for its sukuk redemption...
HSBC resorts to cost-cutting measures affecting up to 10,000 jobs
The move is under the leadership of interim CEO Noel Quinn...
HSBC UK, Fidelity FundsNetwork partner to launch new SIPP
The partnership will allow HSBC UK to offer the new SIPP solution to clients through Fidelity FundsNetwork platform...
Egypt urges domestic banks to set limit on daily withdrawal and deposits
The new limit would allow individuals to withdraw 10,000 Egyptian pounds and companies 50,000 pounds...
Do high-street banks have to fear the rise of neobanks?
A dozen neobanks are broadening the competitive digital banking playing field in the UK with fintech experimentation and evolved customer experience...