Covid-19 impact: Japan’s Mizuho Financial looking to cut office space in Singapore
Japanese lender Mizuho Financial Group has reportedly decided to cut its office space in Singapore as the work from home…
HSBC implements flexible working arrangement in Hong Kong
HSBC has reportedly allowed all its employees in Hong Kong to work from home and office alternatively. According to an internal memo sent to staff, eligible employees can work from…
19 Nov 2020
Covid-19: Lloyds Bank recommences branch closures to save costs
Lloyds Banking Group (LBG) has resumed its plans to permanently close 56 branches at Lloyds, Bank of Scotland, and Halifax, in a bid to slash costs. The move is expected…
19 Nov 2020
South Africa to stop issuing and accepting cheques from 2021
South Africa is officially phasing out the issuance and acceptance or collection of paper cheques from the national payment system, starting from 31 December 2020. The decision was jointly taken…
18 Nov 2020
DBS implements flexible work arrangement; expands India presence
DBS Group Holdings has reportedly allowed all its employees around the world to work from home and office alternatively. To deal with the “massive changes” caused by the Covid-19 pandemic,…
18 Nov 2020
Santander to downsize Spanish operations to slash costs
Spanish lender Santander is reportedly planning to axe 14% of its total workforce and close one-third of its branches in its home market. The bank is planning to slash 4,000…
16 Nov 2020
DBS undergoes branch transformation amid Covid-19
DBS Bank has announced it is scaling up its branch transformation across Singapore to provide customers with socially-distanced, and more personalised branch banking services amid Covid-19. Through the transformation, DBS…
13 Nov 2020