Technology
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Second Quarter of 2026
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2 months agoon
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TAIPEI, Aug. 5, 2026 /PRNewswire/ — Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) today reported its un-audited operating results for the second quarter of 2026. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards (“T-IFRSs”) on a consolidated basis.
(Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.)
Second Quarter 2026 Financial Highlights
Total revenue increased by 8.2% to NT$ 61.36 billion.Consumer Business Group revenue increased by 4.8% to NT$ 35.73 billion.Enterprise Business Group revenue increased by 3.7% to NT$ 19.68 billion.International Business Group revenue increased by 78.9% to NT$ 3.93 billion.Total operating costs and expenses increased by 8.9% to NT$ 48.10 billion.Operating income increased by 5.7% to NT$ 13.26 billion.EBITDA increased by 4.1% to NT$ 23.52 billion.Net income attributable to stockholders of the parent increased by 4.7% to NT$ 10.64 billion.Basic earnings per share (EPS) was NT$1.38.Total revenue, operating income, net income attributable to stockholders of the parent, and EPS all exceeded the high-end target of quarterly guidance.
“We delivered a solid second quarter and first half, with revenue, operating income, net income attributable to stockholders of the parent, and EPS all exceeding the high ends of our guidance for both periods. Total revenue reached a second-quarter record since 2010, and EPS reached its highest second-quarter level in a decade. These results are clear testaments to the durability of our growth strategy and the discipline behind our execution, and we remain confident in achieving our full-year targets,” said Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom.
“Our core telecom business remained the cornerstone of our performance, generating the largest share of both revenue and profit in the quarter. Mobile revenue market share reached a new high to 41.2%, and our 5G penetration among smartphone users increased to 48.8%. As a result, mobile service revenue increased by 3.2%, above industry average, supported by continued 5G adoption and stronger roaming contributions. Fixed broadband continued to benefit from rising demand for higher-speed services, with 1 Gbps-and-above subscribers growing 61% year over year and driving further ARPU improvement. Our consumer digital services also continued to grow, with the FIFA World Cup providing a meaningful boost to this segment. As a result, video subscriptions reached an annual peak and OTT revenue grew 20% year over year,” said Mr. Rong-Shy Lin, President of Chunghwa Telecom.
“Our Enterprise Business Group was another major growth driver, with ICT revenue up 32% year over year on solid revenue contribution from big data, cybersecurity, and IDC services. Encouragingly, our first-half ICT order intake already matched the full-year total achieved in 2025, reflecting a robust project pipeline. Our International Business Group likewise delivered an excellent quarter, with revenue up 79% year over year, led by large-scale ICT project deliveries in the United States and Southeast Asia, alongside continued expansion of our satellite and submarine cable networks,” Mr. Lin continued.
“Looking ahead, we are advancing our long-term AI strategy, including the launch announcement of our Lunping campus AIDC earlier today and the signing of an MOU with the Taiwan Stock Exchange in July to provide dedicated AIDC capacity in Taichung. We will also continue to advance our position as a regional hub for connectivity, computing, and AI, with disciplined execution of our IOWN investments. We remain committed to our ESG goals and to delivering sustainable shareholder returns,” Mr. Lin added.
Revenue
Chunghwa Telecom’s total revenues for the second quarter of 2026 increased by 8.2% to NT$ 61.36 billion.
Consumer Business Group’s revenue for the second quarter of 2026 increased by 4.8% year-over-year to NT$ 35.73 billion and income before tax increased by 3.6% year-over-year, supported by steady increases in core telecom business and strong iPhone demands.
Enterprise Business Group’s revenue increased by 3.7% year-over-year to NT$19.68 billion in the second quarter, while income before tax grew by 2.1%, driven by strong ICT demand as well as growth in enterprise mobile projects.
International Business Group’s revenue for the second quarter of 2026 increased by 78.9% to NT$ 3.93 billion and income before tax increased by 30.8% year-over-year, primarily due to the large-scale ICT project deliveries across the U.S. and Southeast Asia
Operating Costs and Expenses
Total operating costs and expenses for the second quarter of 2026 increased by 8.9% to NT$ 48.10 billion, mainly due to higher costs associated with growth in ICT project revenue and sales, as well as an increase in personnel expenses.
Operating Income and Net Income
Operating income for the second quarter of 2026 increased by 5.7% to NT$ 13.26 billion. The operating margin was 21.51%, as compared to 22.11% in the same period of 2025. Net income attributable to stockholders of the parent increased by 4.7% to NT$ 10.64 billion. Basic earnings per share was NT$1.38.
Cash Flow and EBITDA
Cash flow from operating activities, as of June 30th, 2026, increased by 8.4% year over year to NT$ 31.74 billion.
Cash and cash equivalents, as of June 30th, 2026, increased by 20.0% to NT$ 42.03 billion as compared to that as of June 30th, 2025.
EBITDA for the second quarter of 2026 was NT$ 23.52 billion, increased by 4.1% year over year. EBITDA margin was 38.32%, as compared to 39.80% in the same period of 2025.
Business Highlights
Mobile
As of June 30th, 2026, Chunghwa Telecom had 13.43 million mobile subscribers, representing a 2.3% year-over-year increase. In the second quarter, total mobile service revenue increased by 3.2% to NT$ 17.60 billion, while mobile post-paid ARPU excluding IoT SIMs grew 2.4% year over year to NT$ 569.
Fixed Broadband/HiNet
As of June 30th, 2026, the number of broadband subscribers slightly increased by 0.6% to 4.47 million. The number of HiNet broadband subscribers increased by 1.5% to 3.82 million. In the second quarter, total fixed broadband revenue grew 3.3% year over year to NT$ 11.97 billion, while ARPU increased 2.4% to NT$ 824.
Fixed line
As of June 30th, 2026, the number of fixed-line subscribers was 8.50 million.
Financial Statements
Financial statements and additional operational data can be found on the Company’s website at http://www.cht.com.tw/en/home/cht/investors/financials/quarterly-earnings
NOTE CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Chunghwa’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to the risks outlined in Chunghwa’s filings with the U.S. Securities and Exchange Commission on Forms F-1, F-3, 6-K and 20-F, in each case as amended. The forward-looking statements in this press release reflect the current belief of Chunghwa as of the date of this press release and Chunghwa undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date, except as required under applicable law.
This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.
NON-GAAP FINANCIAL MEASURES
To supplement the Company’s consolidated financial statements presented in accordance with International Financial Reporting Standards pursuant to the requirements of the Financial Supervisory Commission, or T-IFRSs, Chunghwa Telecom also provides EBITDA, which is a “non-GAAP financial measure”. EBITDA is defined as consolidated net income (loss) excluding (i) depreciation and amortization, (ii) total net comprehensive financing cost (which is comprised of net interest expense, exchange gain or loss, monetary position gain or loss and other financing costs and derivative transactions), (iii) other income, net, (iv) income tax, (v) (income) loss from discontinued operations.
In managing the Company’s business, Chunghwa Telecom relies on EBITDA as a means of assessing its operating performance because it excludes the effect of (i) depreciation and amortization, which represents a non-cash charge to earnings, (ii) certain financing costs, which are significantly affected by external factors, including interest rates, foreign currency exchange rates and inflation rates, which have little or no bearing on our operating performance, (iii) income tax (iv) other expenses or income not related to the operation of the business.
CAUTIONS ON USE OF NON-GAAP FINANCIAL MEASURES
In addition to the consolidated financial results prepared under T-IFRSs, Chunghwa Telecom also provide non-GAAP financial measures, including “EBITDA”. The Company believes that the non-GAAP financial measures provide investors with another method for assessing its operating results in a manner that is focused on the performance of its ongoing operations.
Chunghwa Telecom’s management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company’s operating results, as well as when forecasting and analyzing future periods. However, the Company recognizes that:
these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company’s T-IFRSs financial measures;these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company’s T-IFRSs financial measures;these non-GAAP financial measures should not be considered to be superior to the Company’s T-IFRSs financial measures; andthese non-GAAP financial measures were not prepared in accordance with T-IFRSs and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principle.
Further, these non-GAAP financial measures may be unique to Chunghwa Telecom, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company’s results to the results of other companies. Readers are cautioned not to view non-GAAP results as a substitute for results under T-IFRSs, or as being comparable to results reported or forecasted by other companies.
About Chunghwa Telecom
Chunghwa Telecom (TAIEX 2412, NYSE: CHT) (“Chunghwa” or “the Company”) is Taiwan’s largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers with its big data, information security, cloud computing and IDC capabilities, and is expanding its business into innovative technology services such as IoT, AI, etc. Chunghwa has been actively and continuously implemented environmental, social and governance (ESG) initiatives with the goal to achieve sustainability and has won numerous international and domestic awards and recognitions for its ESG commitments and best practices. For more information, please visit our website at www.cht.com.tw
Contact: Angela Tsai
Phone: +886 2 2344 5488
Email: chtir@cht.com.tw
View original content:https://www.prnewswire.com/news-releases/chunghwa-telecom-reports-un-audited-consolidated-operating-results-for-the-second-quarter-of-2026-302843449.html
SOURCE Chunghwa Telecom Co., Ltd.
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Technology
Sagility India Enters Asia’s Top 60 Best Workplaces, Ranked 57 in 2026
Published
21 minutes agoon
September 21, 2026By
With over 22,000 employees in India and over 49,000 globally, Sagility continues to expand its workforce Employee initiatives span learning, leadership development, wellbeing and engagement, including STRIDE, PACE, STEP, S.H.E. Leads Program. S.H.E. Circle & Abilities Circle ERG, Wonder of Wellness and Healthcare Academy.
MUMBAI, India, Sept. 21, 2026 /PRNewswire/ — Sagility India has been ranked 57 among Asia’s Best Workplaces 2026 in the Large Companies category by Great Place to Work. The company was ranked 11 among India’s Best Companies to Work For 2026, following previous Great Place to Work recognitions.
The Asia ranking is based on confidential employee feedback, with more than 3.8 million individual responses representing nearly 8.9 million employees across the region. Employees evaluated their workplace experiences across areas including trust, innovation, company values, and leadership. Of the 100 organizations recognized in the Large Companies category, 34 operate in India.
The findings also point to the importance of everyday employee experience. Overall sentiment among employees at the Best Workplaces in Asia remained high at 93%, while the Trust Index Grand Mean stood at 91%. More than 95% of employees reported positive sentiment on areas such as feeling safe, being welcomed, being treated fairly, and feeling proud to belong.
Against this backdrop, Sagility’s workforce has grown to over 22,000 employees in India and more than 49,000 globally. Its people initiatives span career development, continuous learning, wellbeing, and employee engagement. Key programmes include the STRIDE, PACE, and STEP leadership development programmes, the S.H.E. Leads Program for women in junior and mid-level roles, S.H.E. Circle and Abilities Circle Employee Resource Groups, Wonder of Wellness initiatives, employee surveys, hobby clubs, and Healthcare Academy. Sagility also operates a hybrid work model.
Speaking about the recognition, Tina Vas, Chief Human Resources Officer, Sagility, said, “At our scale, culture is about what employees experience every day. Can they learn, speak up, get support, and see an opportunity to grow? Those are the things we pay attention to. We are thrilled to be recognised as the 57th Best Workplace in Asia, building on our earlier recognition as the 11th Best Workplace in India. These recognitions reinforce our commitment to our employees and their well-being, particularly because they are grounded in what employees themselves say about their experience.”
The latest recognition reinforces Sagility’s focus on building a workplace where employees have opportunities to learn, develop and contribute, while fostering an environment that supports wellbeing, inclusion and engagement. As the organization continues to evolve, these priorities remain an important part of its people strategy.
About Sagility Limited
Sagility is a tech-led, U.S. healthcare-focused business operations solutions and services company that supports payers, providers, and their partners in delivering best-in-class operations, enhancing member and provider experiences, and improving the quality of care, all while ensuring cost-effective financial and clinical outcomes. With over two decades of experience, Sagility’s dedicated experts address complex healthcare challenges through deep domain expertise and technology innovations. The company serves six of the top ten payers in the U.S., utilizing its advanced technology, processes, and solutions to ensure efficient operations and minimize additional administrative costs. The company delivers these services through its skilled talent pool of nearly 50,000 professionals across five global service delivery centers located in the US, India, the Philippines, Jamaica, and Colombia.
To learn more, visit: https://sagility.com/
Media contact details:
Srushti Rao | press@sagility.com
View original content:https://www.prnewswire.com/in/news-releases/sagility-india-enters-asias-top-60-best-workplaces-ranked-57-in-2026-302884023.html
Technology
New Research from Kai: UK CISOs Face a Widening AI Security Gap as Attackers Gain the Advantage
Published
21 minutes agoon
September 21, 2026By
59% of UK CISOs say attackers already hold the advantage, while 67% take more than a week to remediate critical vulnerabilities
SAN JOSE, Calif., Sept. 21, 2026 /PRNewswire/ — Kai, the company behind the first agentic AI cybersecurity platform designed to execute security work end-to-end at machine speed with human expert accuracy, today announced UK findings from its inaugural 2026 State of Autonomous Defense Report.
According to the survey of 100 UK CISOs, a growing gap is emerging between the speed of AI-powered attacks and the ability of security teams to respond. As AI makes it faster and easier for attackers to find and exploit vulnerabilities, many UK organisations are still relying on manual processes that can take days or weeks. The findings point to a looming challenge for defenders: security operations built around human speed may not be able to keep pace as attackers become faster and more automated. If organisations fail to close vulnerabilities quickly, attackers could strike before defenders have a chance to act, increasing the risk of a major security incident.
While UK CISOs recognise the need to move toward machine-led security, many organisations aren’t there yet. Barriers including trust, governance and operational readiness could slow that transition as attackers continue to accelerate their use of AI.
“AI is changing the speed of cyberattacks, and security teams can’t afford to fall further behind,” said Nick Degnan, Chief Revenue Officer at Kai. “The concern is that attackers are getting faster while many defenders are still operating with processes built for a different era. UK organisations know they need to change, but moving from human-led to machine-led security takes trust, governance and a willingness to let machines take on more of the work. The longer that transition takes, the more room attackers have to pull ahead.”
UK CISOs understand the AI threat, but many security processes remain human-led
UK security leaders overwhelmingly acknowledge that AI has changed the threat landscape. Nearly all UK CISOs (94%) say their organisation is prepared to defend against AI-accelerated vulnerability exploitation, yet only one-third (33%) describe themselves as very prepared.
That confidence comes as UK CISOs see attackers gaining the upper hand. Fifty-nine percent believe attackers currently have the advantage given current levels of AI adoption and advancement, compared with just 13% who believe defenders have the advantage. As attackers increasingly leverage AI to accelerate exploitation, many UK organisations continue to rely on human-led security workflows that struggle to keep pace.
Slow remediation leaves a growing window for attackers
The research found that vulnerability management remains heavily dependent on manual effort, leaving UK organisations exposed and security teams under pressure. More than half (54%) of UK organisations report their vulnerability and exposure management processes are at least half manual, while 67% require more than one week to remediate critical vulnerabilities. More than half (54%) say at least one-quarter of known vulnerabilities go unremediated for more than 30 days.
These operational challenges are taking a measurable toll on UK security teams. Eighty-four percent of UK CISOs say vulnerability and exposure management contributes at least moderately to security team burnout, including 19% who describe it as a major contributor.
The findings suggest it’s not just the threat landscape creating risk, but the operating model itself.
UK organisations want more automation, but barriers remain
While UK organisations increasingly see automation as essential to keeping pace with AI-powered threats, confidence in autonomous decision-making has yet to catch up. More than half (51%) of UK CISOs identify lack of trust in automated decisions as one of the biggest barriers to broader automation adoption in vulnerability and exposure management, followed by governance or compliance concerns (45%) and skills or talent gaps (45%).
UK organisations are already embracing automation for lower-risk activities such as vulnerability prioritisation (57%) and asset discovery and inventory (55%). However, only 32% currently permit automated remediation actions without human approval, underscoring that most organisations remain cautious about letting machines change the environment.
UK CISOs are also clear about what would give them greater confidence in machine-led security. More than half point to vendor accountability and liability protections (54%), auditability and explainability (53%), and regulatory clarity (52%) as factors that would increase their confidence in allowing machine-led systems to execute remediation actions without human approval.
UK organisations are moving toward machine-led security, but attackers are moving faster
Despite today’s challenges, the research shows UK organisations are further ahead in adopting machine-led approaches. Today, 46% of UK organisations describe their vulnerability and exposure management approach as mostly or primarily machine-led, compared with 35% of organisations globally.
The foundations for further adoption are also being put in place. Ninety-four percent of UK CISOs say their organisation’s governance approach is either already designed to support machine-led security actions or is being adapted for greater machine-led operation.
Looking ahead 12 to 18 months, 40% expect humans to supervise machine-led systems that lead prioritisation and execution, while 25% expect most vulnerability and exposure management workflows to be machine-led and 14% expect autonomous security operations to become the primary operating model.
The findings suggest UK organisations are not waiting for machine-led security to become a future reality. Many are already putting it into practice, while adapting governance and operating models for a more autonomous approach to cyber defence. But as attackers gain speed through AI, the pressure to make that transition is only growing.
Read the full 2026 UK State of Autonomous Defense Report here.
Methodology
The Kai Survey was conducted by Wakefield Research among 500 CISOs at private sector companies with a minimum annual revenue of $500 million, including 100 CISOs in the United Kingdom. The research was conducted in four markets between June 15 and June 29, 2026, using an email invitation and an online survey. All UK findings cited in this release are based on the 100 UK respondents.
About Kai
Kai is the AI company rebuilding cybersecurity for the machine-speed era. Trusted by Fortune 500 and Global 2000 enterprises, the Kai Autonomous Defense Platform replaces fragmented tools and human-limited workflows with agentic AI that works continuously across cyber asset management, application security, infrastructure vulnerability management, and detection engineering. It contextualises, reasons, and acts at machine speed and enterprise scale. What takes human-led teams weeks, Kai executes in hours, driving risk toward zero through Auto Remediation. Human defenders don’t just keep up. They become superhuman.
Media contact: kai@inkhouse.com
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/new-research-from-kai-uk-cisos-face-a-widening-ai-security-gap-as-attackers-gain-the-advantage-302883513.html
Technology
Bloomsbury Money Group appoints ex-SAP engineer as CTO to head global banking platform
Published
21 minutes agoon
September 21, 2026By
LONDON and ST HELIER, Jersey, Sept. 21, 2026 /PRNewswire/ — Bloomsbury Money Group today announced the appointment of Thomas Holst as Chief Technology Officer. Holst joins from SAP’s health technology ecosystem, and brings more than a decade of experience building data-intensive, privacy-critical technology platforms. As CTO, he will lead Bloomsbury Money’s technology strategy, engineering and platform architecture as the Group builds out its banking platform across its existing markets and the new jurisdictions it plans to enter.
The appointment comes as Bloomsbury Money moves from a regulated money services and virtual asset business run from Jersey and London to a multi-jurisdiction financial network. The group’s current services span multi-currency accounts, foreign exchange, cross-border payments and regulated virtual asset custody and transfers. Under Holst, these are being brought together on a single platform designed from the outset to run in several regulatory environments with one standard of control.
A single network for cross-border value
Bloomsbury Money’s ambition is a global cross-border payment network in which fiat currencies, regulated digital assets and local payment rails sit side by side. In practice that means a customer can hold, convert and send value in the form that suits the transaction, whether a wire, a card payment, a domestic instant payment or a digital asset transfer, and the network selects the fastest compliant route. The group intends to extend its regulatory footprint and rail connectivity market by market to deliver this, starting in Jersey and the Channel Islands.
Manu Choudhary, co-founder, Bloomsbury Money Group, said:
“Thomas is joining at the right moment. We have a regulated business, live customers and a clear view of where cross-border money movement is heading. What we need now is someone who can turn that view into infrastructure that behaves the same way in every market we enter. Thomas has spent thirteen years building software where getting the data wrong is not an option, and that is the mindset we want at the centre of this platform. Our ambition is a network where a business in one country pays a supplier in another in whatever form of money and over whatever rail makes sense, without ever thinking about the plumbing.”
Chris Park, CEO, Bloomsbury Money Group, said:
“I have spent over decades in banking and the pattern never changes: the firms that last are the ones whose technology is boring in the right ways. Resilient, auditable, fast, and built by people who assume a regulator will one day ask to see how every decision was made. Thomas comes from SAP and from healthcare technology, one of the few sectors where the bar on data protection and control is as high as it is in finance. He has shipped enterprise software to hospitals and research institutions and built and run the cloud infrastructure underneath it. Bringing that discipline to a platform spanning fiat, digital assets and local rails across several jurisdictions is exactly the point. This is an infrastructure hire, and infrastructure is what we are building.”
Thomas Holst, Chief Technology Officer, Bloomsbury Money Group, said:
“Most fintechs bolt new products onto an old core. Bloomsbury Money is building the core with the network in mind from day one: multiple currencies, multiple asset types, multiple rails and multiple regulators, all held to the same standard of control. That is a rare engineering brief and it is why I said yes. I spent more than a decade in SAP’s health technology ecosystem in Germany, building products for hospitals and researchers and health data applications and the cloud infrastructure they run on. Both taught me that trust is a technical property. It comes from architecture, testing and auditability, not from a marketing deck. I will bring the same standard here.”
About Bloomsbury Money Group
Bloomsbury Money Group provides multi-currency accounts, spot foreign exchange, cross-border payments, Visa debit cards and regulated virtual asset services to businesses and individuals, with offices in St Helier, Jersey and London. Its regulated business, Bloomsbury Money Jersey Limited, is a money service business and virtual asset service provider regulated by the Jersey Financial Services Commission (JFSC registry reference 210054). Bloomsbury Money Group Limited is a Jersey private company (registered number 165853). The group is building a global cross-border network for fiat, digital assets and local payment rails, and trades under the strapline Better Global Banking.
Forward-looking statements
This announcement contains some forward-looking statements about Bloomsbury Money Group’s strategy, plans and intended products, including the development of its platform, the extension of its services into additional jurisdictions. These statements reflect current intentions and expectations and are subject to regulatory approvals, technical development, market conditions and other factors outside the group’s control. They are not a guarantee of future performance or of the availability of any product or service in any jurisdiction, and the group undertakes no obligation to update them.
Media contacts: Bloomsbury Money Press Office
Email: press@bloomsburymoney.com
Website: www.bloomsburymoney.com
View original content:https://www.prnewswire.com/news-releases/bloomsbury-money-group-appoints-ex-sap-engineer-as-cto-to-head-global-banking-platform-302882570.html
SOURCE Bloomsbury Money
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