APAC

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

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

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

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

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

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

Man Group manages US$35b in credit assets globally.

Adoption could rise to 79% by 2030 from 65% in 2024.

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

She credits her propensity to ask questions for becoming one of HSBC’s top leaders.

It reduces the need for banks to manually intervene in the process, the bank said.

Deal value for crypto, blockchain, and digital assets hit just shy of $1b in 2024.

Merchants in Australia, Europe, Hong Kong, Singapore, and the UK can accept these cards.

Investors now seek protection strategies for their portfolios.

Banks, insurers, and asset managers in Asia Pacific (APAC) could soon be faced with a partial transition of new wealth flows to WealthTechs. What can they do before it is too late?

There’s also a Whatsapp OTP verification for customers logging in overseas.