News
Asia Pacific lenders turn to AI to strengthen compliance efforts
Asia Pacific lenders turn to AI to strengthen compliance efforts
Oracle’s clients achieved 70% productivity gains as AI improved compliance efficiency.
Thailand's TMBThanachart Bank beats Q3 profit forecasts on lower provisions
But management is bracing for slower fee income growth in Q4 2025.
ANZ names Sheng Lee as country head of Vietnam operations
Lee, who has been with ANZ since 2015, will commence his new role in early 2026.
Westpac unit RAMS fined A$20m for compliance failures
RAMS failed to supervise its reps to ensure compliance with credit law, amongst others.
Mizuho Bank names new global transaction banking head
Hidekatsu Take will remain head of global corporate & investment banking.
Hong Kong’s BEA unveils multi-currency debit card
It supports withdrawal at over 2.5 million access points worldwide.
PDIC, Philippine central bank sign revised agreement to enhance bank oversight
The agency said this will give depositors “renewed assurance.”
How Gen AI is transforming banks’ financial advice, risk, and operations
Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.
Techcombank's Q3 profit hits record high on ecosystem gains
Bank’s deposits, CASA, and PBT reach new highs
Crédit Agricole CIB opens branch in India’s GIFT City
IFSC Banking Unit expands cross-border services.
Banks post record $1.2t profit in 2024: McKinsey
If banks fail to adapt AI, global profit pools could fall by about $170b.
PH financial sector targeted by Chinese-linked cyber group: report
The group relies on financial-themed phishing lures.
Meezan Bank launches history book on its rise in Karachi
The book is authored by researcher and writer Sibtain Naqvi.
Bangkok Bank earnings forecasts raised up to 15%: CGS International
The bank posted a $420m (THB13.8b) net profit for the third quarter.
Singapore banks to see NIM compression and management fee surge in Q3: UOBKayHian
Uncertainties cause the trends, the brokerage firm said.
Philippine central bank eases requirements on Islamic banking units
Relaxed capital, processing fees, amongst others, for IBUs.
Weaker OCBC earnings seen as margin pressure persists: report
Its Q3 profit is expected to fall mid-single digits.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’