News
Indonesia finance firms face narrowing window to monetise AI, BCG says
Indonesia finance firms face narrowing window to monetise AI, BCG says
Financial institutions are entering a new AI-driven “intelligence war” focused on products and operations.
HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical
They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.
Philippine bank lending accelerates to 10.7% in March on business demand
Consumer loans grew at a slightly slower pace on less motor vehicle and salary loans.
Payment failures cost Singapore merchants $12b annually
APAC merchants lose an estimated $75b in transaction value due to payment inefficiencies.
Taiwan card payments market set to hit $177.7b in 2026
The metro is set to accept contactless payments beginning July.
Global banks face slower growth as rate gains fade
JPMorgan remained the revenue leader.
CBA taps luxury label BEARE PARK to redesign frontline staff wardrobe
BEARE Park founder Gabrielle Pereira was a former banker herself, CBA said.
NAB names Connie Sokaris as group chief risk officer
Sokaris starts in her new role on 3 August 2026.
SMBC names Elaine He as co-head of DCM in APAC ex. Japan
Elaine He joins from Morgan Stanley, where she was head of APAC debt syndicate.
HSBC and HSBC Life sign Humansa MOU for HNW health planning
Longer lifespans are forcing HNWIs to rethink wealth succession and protection strategies, the bank said.
CBA onboards FIS to streamline reconciliations
FIS is expected to process over 150 million transactions per day for CBA.
CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO
He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.
OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst
There is minimal overlap between the two banks’ customers.
Syfe hits $10b AUM as investors expand from US-only focus
It achieved group-wide profitability in Q4 2025.
OCBC Q1 profit rises 5% to $1.97b on fee gains
Net interest income fell, but wealth-led gains and higher fees lifted total income.
HSBC unveils invitation-only Privé World Legend Mastercard
A Mastercard-exclusive dining club will launch at the Hong Kong International Airport later in 2026.
Manappuram banks on gold for growth but target "aggressive": CreditSights
Gold lifted loans in both its parent firm and microfinance industry.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge