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DIGITAL BANKS

OCBC, Keppel, Validus tie-up closes door on digital bank bid

Late pullout comes amid Keppel's ongoing strategic review of its core operations

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A Prominent consortium comprising OCBC, Validus Capital, Keppel Corporation and Vertex Ventures has decided against applying for a digital wholesale banking licence, BT understands.

Singapore

A PROMINENT consortium comprising OCBC, Validus Capital, Keppel Corporation and Vertex Ventures has decided against applying for a digital wholesale banking licence, BT understands.

The late breakdown in talks, BT understands, comes amid Keppel's ongoing strategic review...