News
Ping An Bank profit rises 3% to $2.12b in Q1
Ping An Bank profit rises 3% to $2.12b in Q1
Retail assets under management rose 1.2% during the quarter, said Ping An.
6 minutes ago
Bank Central Asia's margin falls in Q1 as wholesale competition weighs
The bank is implied to be sitting on excess liquidity, said UOB Kay Hian.
14 minutes ago
BDO Unibank’s net income up 6% to $1.42b in 2025
The bank said it is cautiously optimistic despite ongoing headwinds.
15 minutes ago
Citi hires Bhavin Shukla to lead infrastructure banking in JANA and Asia South
He joins from J.P. Morgan, where he was a managing director.
18 minutes ago
ANZ takes full control of ANZ Worldline venture for $63.7m
ANZ Worldline is a joint venture with Worldline Australia, established in 2022.
21 minutes ago
National Australia Bank settles overtime dispute with finance union
Certain teams in the bank were told they would not be paid overtime but get TOIL instead, according to the FSU.
27 minutes ago
Maybank moves head office to Menara Merdeka 118
Maybank Islamic and Maybank Investment Bank are also relocating.
2 hours ago
Thai financial institutions put price on bad strategy
From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
19 hours ago
Banks must address fraud and usability gaps to unlock AI trust
Consumers expect real-time scam protection and personalised tools with trust gap remaining high.
19 hours ago
Southeast Asian banks lose funding efficiency as pricing remains fragmented
Data-led segmentation and pricing discipline can reduce leakage and improve funding cost outcomes.
21 hours ago
Why Thai finance firms push AI as human oversight limits automation
Executives say machines cannot make final calls without review in key processes.
21 hours ago
Banks waste AI spending without workflow redesign as only 10% see gains
Embedding AI into operations and simplifying processes is key to cost-income gains in banking.
23 hours ago
Thai insurers miss growth opportunity from concert goers
This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.
1 day ago
Why banks must become gatekeepers or accept commodity status
Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.
1 day ago
DBS Bank taps Ascenda to boost rewards competition
Hong Kong launch begins 27 April as part of phased regional rollout.
1 day ago
Bank of Singapore reshuffles advisory team amidst UHNW focus
Jiawen Guo will oversee the Singapore based wealth advisory group.
1 day ago
SMBC launches transaction banking brand SMBC Connect
The Japanese megabank is revamping its TB and especially its cash management services.
2 days ago
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1. Why Thai finance firms push AI as human oversight limits automation 2. Standard Chartered and A*STAR set up an AI for Banking Innovation Lab 3. HDFC Bank profit rises 9% to $2.04b on treasury income gains 4. Bank of Singapore reshuffles advisory team amidst UHNW focus 5. Banks waste AI spending without workflow redesign as only 10% see gainsResource Center
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From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
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