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Hong Kong banks face wealth retention challenge as families diversify
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Hong Kong banks face wealth retention challenge as families diversify
BCG warns that attracting assets alone cannot secure long-term relationships.
ANZ cash profit jumps 31% to $5.25b in FY2026
ANZ cash profit jumps 31% to $5.25b in FY2026
CEO Nuno Matos said that competition for capital to fund data centres and gov’t spending has intensified.
ANZ commits to no branch closures until 2030
ANZ commits to no branch closures until 2030
It will review the presence of 19 branches where ANZ and Suncorp Bank are in close vicinity.
UnionPay and TenPay target cross-border remittance costs
UnionPay and TenPay target cross-border remittance costs
Their first international money transfer partnership was announced at Hong Kong FinTech Week.

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How can banks drive stablecoin adoption among consumers?

Visa found 46% of Asia-Pacific consumers expect to use stablecoins within five years.

Can Southeast Asia's fintech startups survive the funding squeeze?

Just four funding rounds accounted for 86% of the region's $2.3b investment.

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Exclusives

Retail Banking Asia-Pacific banks face growth slowdown as lending risks rise
Chinese tech firms and Philippine retail borrowers are testing asset quality.
KB Bank wants a place in your shopping cart
It is expanding offers through e-commerce platforms and Korean beauty clinics.
Financial Technology Atome taps alternative data to reach unbanked Filipinos
About 80% of its Philippine cardholders are using their first card product.
Cards & Payments Banks told to stop playing Gen Z card
Complicated reward schemes and spending conditions can erode card benefits.
Cards & Payments Banks rethink overseas ties as payments go digital
Bank of America sees common standards and round-the-clock liquidity as key hurdles.
Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Investment Banking India draws foreign banks as China expansion remains costly
Setting up a Chinese unit requires $149m in capital, versus $53m in India.

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