APAC

Banks must diversify income and review pricing: analysts

They must identify customer relationships with low or negative profit.
1 day ago

APAC banks outpace EU in digital adoption although branches still needed

Malaysia and the Philippines expanded their branch networks between 2019 and 2023.
2 days ago

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.
3 days ago

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.

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.