APAC

Citi names Goldman Sachs banker as head of markets solutions in Asia South & North

Chan spent 10 years as head of FICC and equity distribution for SEA at GS.
4 days ago

The Asian connection: China's path to sustainable growth

Consider the ASEAN region, a collective of ten Southeast Asian countries brimming with untapped potential.
5 days ago

Ant International boosts SME treasury tools with World Card launch

The physical card will be launched later this year.

Standard Chartered unveils sports investing fund for wealthy clients

The fund focuses on sports, media, and entertainment opportunities.

Banks should refine AI safeguards on rising complexity and exposure: McKinsey

Having just one committee to oversee all gen AI applications is not a good fit.

Fintech funding rises to highest Q1 period in two years

They amassed $10.3b in funding across 777 deals made.

JCB expands payment acceptance to Apple services of 7 Asian markets

Cardholders can now pay for their Apple purchases in these seven markets.

Aleta Planet unveils digital payment app for Muslim merchants

It offers no transaction fees for 24 months and cashbacks for merchants.

Global Top 25 banks market cap up 20.1% to $4.7t; China Big 4, DBS rise

HSBC also recorded a double digit increase in its market cap.

BofA’s AI virtual assistant Erica halves IT service desk calls

It plans to incorporate gen AI in Erica for coding assistance and report synthesis.

APAC developed market banks to see limited loan growth, NIM pressures

Hong Kong is expected to see even slower loan growth than other DM markets.

APAC emerging market banks to enjoy double digit credit growth: report

China and Thailand will feel the most pressure, especially Chinese banks’ margins.

Investment bank fees in APAC ex. Japan log 8% rise to top $5b in Q1

Estimated advisory fees due to M&As rose 42% to $706.5m in the first quarter of 2025.

Financial crime threats to rise in 2025, Kroll report warns

One of the primary drivers is the rapid advancement of AI.