News
Commonwealth Bank of Australia deploys agentic AI to detect scam patterns
Commonwealth Bank of Australia deploys agentic AI to detect scam patterns
It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.
1 day ago
Citi forms new investor group to replace asset managers cluster
Vikram Chavali will continue to lead FSI for JANA and Asia South.
1 day ago
Natixis CIB opens branch in India’s GIFT City
It offers foreign currency denominated structured products and finance, amongst others.
1 day ago
Ant Int’l deploys privacy enhancing technologies in Alipay+
Only encrypted data is transferred to Alipay+ for processing.
1 day 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.
1 day ago
Lower credit costs lift ICICI Bank profits to $1.46b in Q4
Net interest income grew 8%.
1 day ago
HDFC Bank profit rises 9% to $2.04b on treasury income gains
But fee income growth is slower than expected.
1 day ago
Fragmented rules and AI push banks to overhaul controls
Governance gaps and rising cyber risks force tighter oversight as AI scales.
2 days 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.
2 days 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.
2 days ago
HSBC appoints Desmond Kuang as Asia chief investment officer
He is currently the chief investment officer for China.
2 days 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.
2 days ago
Standard Chartered and A*STAR set up an AI for Banking Innovation Lab
The three-year partnership is expected to accelerate AI research.
2 days 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.
2 days 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.
2 days ago
Finance sector cements dominance over Philippines ICT market
GlobalData says the sector will hold the top end use position through 2029.
3 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.
3 days ago
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1. DBS and OCBC face weaker Q1 profits despite wealth gains 2. HSBC unveils biggest wealth centre in Singapore 3. DBS and OCBC seen lifting buffers as credit costs rise 4. Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class 5. SWIFT payment framework targets clearer fees and faster tracingResource Center
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