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Home Banking Laws

Grab’s Digital Bank Hiring as Singapore Opens Up to Tech Giants

by Staff
May 26, 2022
in Banking Laws
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May 26, 2022, 10:37 AM

  • GXS Bank plans to start services for the public this year
  • City is seeking to inject innovation, competition into sector

Grab Holdings Ltd. plans to hire for its digital banking joint venture in Singapore amid the roll out of services to the public later this year, as the Southeast Asian financial hub opens up its banking system to purely online players.

GXS Bank, the ride-hailing giant’s tie up with Singapore Telecommunications Ltd., continues “to recruit talent across the technology, fintech and banking sectors to fill roles across all business functions, digital and technology teams, and banking operations,” Chief Executive Officer Charles Wong said in response to Bloomberg inquiries.

The bank may expand its headcount to more than 300 …

Joyce Koh

© 2022 The Bureau of National Affairs, Inc.

All Rights Reserved

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