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UBS seeks China digital bank licence as part of plan to turbocharge growth and slash costs

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Swiss bank UBS aims to create a digital banking platform that could slash costs and spur growth, but its plan hinges on securing a licence in mainland China to kick-start the project. Edmund Koh, who heads UBS in the Asia-Pacific region, sees China’s framework digital banking rules in place by…

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Click here to read the full story: South China Morning Post

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