APAC
Nomura adds Allspring Income Fund to private banking lineup
Nomura adds Allspring Income Fund to private banking lineup
The fund will be offered to private banking clients in Singapore and Hong Kong.
MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025
They are looking into AI as a means to adopt more sustainable and digital practices.
Mizuho has given out JPY40.3t in sustainable finance loans in 5 years
The bank expects to have reduced its Scope 1 and 2 emissions by 64%.
1 in 2 Gen Alpha has digital wallet, investment account
Over half uses a digital wallet, and nearly the same share has an investment account
Banks ramped up fossil fuel financing in 2024
Amongst Asian banks, Mizuho Financial and Mitsubishi UFJ Financial are on top of the list.
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
APAC companies brace for more “ultra long payment delays” in 2025
Over 57% of 2,400 companies surveyed expect a deterioration in late payments.
Ant International eyes stablecoin licenses in Hong Kong, Singapore: report
The unit is reportedly seeking a related permit in Luxembourg, according to sources.
CMB International to maintain strong profitability through 2026
Returns will be supported by robust fee and commissions income.
AIA names HSBC chairman Mark Tucker as next chairman and director
Tucker will step down from his HSBC role on 30 September 2025.
SWIFT cites high cost of splintered financial world
Many digital payment platforms remain disconnected from each other.
BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
Visa launches AI-powered commerce initiative
It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.
Natixis CIB names Aurélia Vo Dinh as new APAC head of ASF
Vo Dinh brings 20 years of investment banking experience in her new role.
Gen Zers spur banking reinvention
Young consumers are changing financial norms and expectations.
PwC’s Wanyi Wong highlights the need for synergy in a converging fintech landscape
She emphasises the value of scalable, risk-aware solutions that bridge startups and traditional finance.
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Jul
02
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Event News
Asian Banking & Finance Retail Banking Awards 2025 Winner: Carlo Mariano and Ivy Uy of East West Banking Corporation
Carlo Mariano of East West Banking Corporation shares how EWBC’s regulatory solution ensures compliance while putting customers first.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections