APAC

Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.

The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.

For the next phase, Indonesia, Thailand, and the Philippines will link their payment systems with Singapore and Malaysia.

Lam joins from Credit Suisse.

The forum will also be held in Jakarta, Kuala Lumpur, and Manila.

Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.

This could hamper issuance of new AT1 in the future.

Clients can initiate and approve new loan drawdowns and rollover requests.

The evolving situation means that problems from secondary effects may rise in the near future.

They also plan to use data and analytics to assess productivity of relationship managers.

The emergence of fintechs is whittling down their dominance.

Adoption will be driven by governments boosting financial inclusion.

And Goldman Sachs signals possible sale of consumer business assets.

The past few years has seen embedded finance proliferating in the APAC region, with digital technology lowering not just the costs of financial services but also their access barriers.

Banks must apply a use-case driven approach to introduce new ESG capabilities.

The high interest rate, low growth environment has made VCs and private equities more selective on where to invest