News

Citi forms new investor group to replace asset managers cluster

Vikram Chavali will continue to lead FSI for JANA and Asia South.
55 minutes ago

Natixis CIB opens branch in India’s GIFT City

It offers foreign currency denominated structured products and finance, amongst others.
18 hours ago

Ant Int’l deploys privacy enhancing technologies in Alipay+

Only encrypted data is transferred to Alipay+ for processing.
19 hours ago

CIMB sees no Q1 asset quality hit from oil shock

Direct, first-order impact on its overall portfolio is likely to be contained, according to management.
19 hours ago

HDFC Bank profit rises 9% to $2.04b on treasury income gains

But fee income growth is slower than expected.
19 hours ago

Fragmented rules and AI push banks to overhaul controls

Governance gaps and rising cyber risks force tighter oversight as AI scales.
1 day ago

Over 2 in 3 APAC adults say financial scams are on the rise: LSEG

Australians are most concerned about scams whilst the Chinese are likeliest to lose money.
1 day ago

SCBX net profit down 18.5% to $316.85m in Q1 on lower interest income

SCBX said it conducted a comprehensive review of the loan portfolios across SCB.
1 day ago

HSBC appoints Desmond Kuang as Asia chief investment officer

He is currently the chief investment officer for China.
1 day ago

KBank’s net profit up 42.71% to $456.16m as Middle East conflict yet to bite

The increased economic uncertainty may pose risks to its future operating performance.
1 day ago

Standard Chartered and A*STAR set up an AI for Banking Innovation Lab

The three-year partnership is expected to accelerate AI research.
1 day ago

Kiatnakin Phatra Q1 net profit surge 84% on fee growth and lower losses

Credit costs did rise in Q1 as the bank braces for the geopolitical impact.
1 day ago

TMBThanachart Bank posts higher Q1 profit despite shrinking loan book

The bank saw a decline in auto loans, credit card loan repayments, and large corporate loans.
1 day ago

Finance sector cements dominance over Philippines ICT market

GlobalData says the sector will hold the top end use position through 2029.
2 days ago

Krungthai Card beats Q1 profit estimates but credit costs loom

However, its NPL ratio rose to 1.96% due to its non-core leasing business.
2 days ago