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Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud

Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud

And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
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Singapore's MAS: banking system sound amidst US bank failures

MAS said that its local banks have “insignificant exposures” to the failed banks.
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Indonesian corporates raise the bar, banks urged to reinvent corporate banking and treasury services
Retail Banking 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.
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Islamic Banking BSN eyes retail and gold to push beyond mortgage-heavy roots
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Insurance growth strains trust at claims stage
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Indonesia's financial sector urged to shift from expansion to resilience

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Fraud checks shift as transactions move in real time

Fraud checks shift as transactions move in real time

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Tool dependence leaves institutions with cyber gaps

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

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Asia-Pacific deal values drop to $127 billion after major tariff shock

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Built to last: How Japan is approaching the cross-border payments challenge