Retail Banking
UnionBank names Gauraw Srivastava as wealth head and EVP
UnionBank names Gauraw Srivastava as wealth head and EVP
Srivastava was previously head of private banking at Vietnam’s VPBank.
4 minutes ago
SMBC APAC completes first SRT transaction
Its sponsor partners are Blackstone, Stonepeak, and Clifford Capital.
22 hours ago
ANZ ex-CEO Shayne Elliot sues the bank
Elliot’s long-term variable remuneration was adjusted to zero for 2025 and 2026.
1 day ago
Indonesia banks see NPLs climb on mortgage and vehicle loan strain
CGSI said that banks should be more cautious of auto loans than mortgages.
2 days ago
Syfe achieves group profitability
Its AUM in Hong Kong grew nearly six-fold in 2025.
4 days ago
KBANK sees limited flood impact as interest income pressure looms
Policy rate cuts will lead to net interest income pressures in 2026.
4 days ago
TISCO Bank cautious on 2026 as it scales back high yield lending
It expects net profits to decline in 2025-26, but is confident it can maintain its payout ratio.
4 days ago
Thai Credit Bank eyes double digit loan growth in 2026
It expects to hire more employees to support its larger loan portfolio.
4 days ago
APAC banks in stronger capital positions than global peers
Regulators have more conservative local rules.
5 days ago
Indonesian banks’ weak loans improve with ample coverage for risks
Pockets of vulnerabilities remain in certain sectors, like the textile industry.
6 days ago
Thailand backs major conglomerates for digital banks but risks stifling innovation
Did the Bank of Thailand play it too safe by going for large, established conglomerates?
6 days ago
CBA pays $525,000 in penalties for data sharing contraventions
Some customers may have been unable to share certain data to accredited recipients.
StanChart enables Ascentium clients to easily open accounts in Hong Kong
Ascentium clients can also access StanChart’s referral network in Asian markets.
APAC consumers demand personalised financial wellness tools
Banks must rebuild one-to-one relationships digitally.
Retail banks embrace social media and streaming to boost revenue
One digital bank in Europe reported an ARR of $50m from “financial media networks.”
Citi names Minh Ngo as Citi Country Officer & Banking Head in Vietnam
She is the first Vietnamese national to assume the CCO role in 32 years.
ASIC proposes updates to credit disclosure as rules expire
It proposes changes to reverse mortgage information statement.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation