APAC
Fintechs, banks unite for win-win
Fintechs, banks unite for win-win
Changing markets are forcing them to forge mutually beneficial alliances.
1 day ago
HSBC Global Private Banking names Kapil Khanna as desk head for three markets
Khanna was head of international investment counselling in HSBC.
1 day ago
SMBC names Luis Pereira as co-regional CIO for APAC
He will partner with Fumitaka Kato, co-regional CIO for APAC.
2 days ago
Bhutan enables national-level crypto payment with Binance Pay
The QR payments are expected to accept over 100 cryptos.
Banks must diversify income and review pricing: analysts
They must identify customer relationships with low or negative profit.
APAC banks outpace EU in digital adoption although branches still needed
Malaysia and the Philippines expanded their branch networks between 2019 and 2023.
J.P. Morgan unveils automated cross-currency payment collection and settling service
It allows invoice and collection in one currency, and payment setting in another.
HSBC profit after tax down 30% in Q1
The gap was reportedly due to the over $3b it got from sales in Q1 2024.
APAC banks slow to update decision rules: survey
Just 27% of banks report frequent use of simulation tools.
Financial inclusion in Asia may reach 80.2% by 2030: study
Digital transformation and improvements have helped in this regard.
Financial services, insurance lose $2.2m per hour from outages: study
The value they lose is 16% higher than the average across all industries.
Open banking users to rise threefold through 2029
It is estimated that there are 183 million open banking users in 2025.
Citi’s Corporate and Investment Banking sees 84% rise in M&A fees
It captured 5% of the global investment banking wallet share in Q1.
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.
The Asian connection: China's path to sustainable growth
Consider the ASEAN region, a collective of ten Southeast Asian countries brimming with untapped potential.
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.
Commentary
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The Asian connection: China's path to sustainable growth