Asian Banking & Finance

HSBC’s Elhedery said AI is “a major enabler to re-engineer and reimagine all our businesses, all our activities”,

They will ensure policy and regulatory considerations are taken into account.

He will oversee structured financing and advisory services from Hong Kong.

The Malaysian banking group says no formal proposal has been made for its subsidiary.

Wealth management helped lift fee income as earnings exceeded expectations.

More than 100,000 merchants can accept RedCoin through the platform.

About 72% of onshore affluent assets remain held in cash and liquid deposits.

Nearly all banks remain positive in 2030 as wealth and cross-border demand strengthen.

New facilities use alternative credit data with funding available in as fast as one business day.

First non-Malaysian lender offers interest-bearing MYR balances of up to $12,250.4.

The lender expects to exhaust THB2b in remaining benefits by early 2027.

The proposed transaction remains subject to regulatory approvals across its operating markets.

Sangyo Sosei Advisory Inc. is set to join the firm in January 2027.

Wallet holders can pay from crypto balances without selling or preloading funds.Visa is partnering with crypto payments network Mesh to let consumers spend cryptocurrency and stablecoin balances at more than 175 million merchant locations worldwide.