Asian Banking & Finance

Retail assets under management rose 1.2% during the quarter, said Ping An.

The bank is implied to be sitting on excess liquidity, said UOB Kay Hian.

The bank said it is cautiously optimistic despite ongoing headwinds.

He joins from J.P. Morgan, where he was a managing director.

ANZ Worldline is a joint venture with Worldline Australia, established in 2022.

Certain teams in the bank were told they would not be paid overtime but get TOIL instead, according to the FSU.

Maybank Islamic and Maybank Investment Bank are also relocating.

From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.

Consumers expect real-time scam protection and personalised tools with trust gap remaining high.

Data-led segmentation and pricing discipline can reduce leakage and improve funding cost outcomes.

Executives say machines cannot make final calls without review in key processes.

Embedding AI into operations and simplifying processes is key to cost-income gains in banking.

This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.

Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.