Banks showing a fondness for Uber's service
Bankers jockeying for coveted spot to manage the company's IPO
Add BT as a preferred source
New York
WALL Street banks can be hidebound in their ways, insisting on suits and ties and handing out BlackBerries after everyone else has moved on to the iPhone. But if there is one thing that can push even the most conservative bank into the future, it is the prospect of business.
The latest reminder came this week when JPMorgan Chase announced that it would reimburse all its employees for rides taken with Uber - offering access to "Uber's expanding presence and seamless experience", the company said in a news release.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
