Singapore’s OCBC plans to raise annual technology spending to more than $771mn, per Bloomberg, as CEO Tan Teck Long pushes AI, data and digital deeper.

Singapore’s OCBC plans to raise annual technology spending to more than $771mn, per Bloomberg, as CEO Tan Teck Long pushes AI, data and digital deeper.

Still, new CEO Tan Teck Long promised to hire 600 new relationship managers, as wealth management becomes a growing business for the Singaporean bank.