News

Tool dependence leaves institutions with cyber gaps

Cyber awareness must reach receptionists and CEOs as AI attacks target humans not just systems.

UOB builds new Ho Chi Minh HQ

CEO Wee Ee Cheong met with Vietnam President To Lam on 30 May.

US$1t unused credit card points risk losing redemption value

Tribuescape says airlines and hotels can expire balances or change redemption rules without warning.

DBS to open 18 new wealth centres by 2027

The bank will also upgrade 36 existing centres over the next 18 months.

Thai cash handout boosts Krungthai Card despite weaker card spending

Management is confident that customers will be able to make minimum payments.

UOB inks MOU with Vietnam's FPT to modernise banking with AI and cloud

They seek to modernise banking services in UOB’s key markets.

Maybank Q1 profit drops 4.2% to $625m as trading income falls

Net interest margin improved to 2.14%, and loans expanded in Malaysia and Singapore.

Australians spend $4.02m monthly on AI subscriptions: Westpac

Customers spend A$37 per month on average, based on credit card data.

Indonesian corporates raise the bar, banks urged to reinvent corporate banking and treasury services

Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.

OCBC Hong Kong names new wholesale head and risk chief

Angus Tsang and Stanley Sze-To start their new roles in H2 2026.

Kasikornbank targets 24/7 USD settlement with Ant International

They will use Kinexys by J.P. Morgan’s blockchain deposit accounts.

CommBank's capital stays strong despite AT1 phaseout: S&P

APRA will begin classifying AT1 instruments as Tier 2 capital starting January 2027.

Nearly half of finance workers fear AI job impact

ACCA finds strong AI adoption in finance roles, but job security concerns persist.

Standard Chartered completes first QFI China gov’t bond futures trade

It is the only foreign bank amongst the initial six banks allowed to participate in CGB futures.

Standard Chartered appoints Shebani Baweja as group chief data officer

She will shape the bank’s data strategy and the direction for how data is governed.