Singapore Gulf Bank Forms Global Advisory Board with Randal Quarles
- Singapore Gulf Bank establishes a global advisory board.
- Former Federal Reserve Vice Chair Randal Quarles appointed as vice-chairman.
- The bank is the first fully licensed digital bank in the MENA region.
- Aims to serve international clients remotely and cater to cryptocurrency consumers.
- Supported by Bahrain’s sovereign fund Mumtalakat and Whampoa Group.
Singapore Gulf Bank’s creation of a global advisory board, featuring ex-Federal Reserve Vice Chair Randal Quarles, highlights its strategic expansion as the first fully licensed digital bank in the MENA region, aiming to serve international and crypto clients.
Source (2.6)https://hodl.press/ex-fed-vice-chair-joins-singapore-digital-bank-advisory/?rand=24434
