News
US$1t unused credit card points risk losing redemption value
US$1t unused credit card points risk losing redemption value
Tribuescape says airlines and hotels can expire balances or change redemption rules without warning.
DBS to open 18 new wealth centres by 2027
The bank will also upgrade 36 existing centres over the next 18 months.
Thai cash handout boosts Krungthai Card despite weaker card spending
Management is confident that customers will be able to make minimum payments.
UOB inks MOU with Vietnam's FPT to modernise banking with AI and cloud
They seek to modernise banking services in UOB’s key markets.
Maybank Q1 profit drops 4.2% to $625m as trading income falls
Net interest margin improved to 2.14%, and loans expanded in Malaysia and Singapore.
Australians spend $4.02m monthly on AI subscriptions: Westpac
Customers spend A$37 per month on average, based on credit card data.
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.
Tan Su Shan named Asia’s most powerful woman in business, ranks sixth globally on Fortune’s 2026 list
Alongside Tan is Temasek’s Png Chin Yee at 77th.
OCBC Hong Kong names new wholesale head and risk chief
Angus Tsang and Stanley Sze-To start their new roles in H2 2026.
Kasikornbank targets 24/7 USD settlement with Ant International
They will use Kinexys by J.P. Morgan’s blockchain deposit accounts.
CommBank's capital stays strong despite AT1 phaseout: S&P
APRA will begin classifying AT1 instruments as Tier 2 capital starting January 2027.
Nearly half of finance workers fear AI job impact
ACCA finds strong AI adoption in finance roles, but job security concerns persist.
Standard Chartered completes first QFI China gov’t bond futures trade
It is the only foreign bank amongst the initial six banks allowed to participate in CGB futures.
Standard Chartered appoints Shebani Baweja as group chief data officer
She will shape the bank’s data strategy and the direction for how data is governed.
Bank of Baroda adds biometric authentication for UPI payments and PIN setting
Customers can authorise payments and reset their PINs using fingerprint or face ID.
Crypto careers now more attractive and riskier: finance execs
Improved market liquidity and more regulatory clarity will help mitigate career risks.
Laxmi Sunrise Bank secures $25m loan to fund Nepal's MSMEs
Nearly a third of that money is expected to support women entrepreneurs.
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1. Singapore aced its FATF evaluation — now comes the hard part 2. Citi boosts North Asia & Japan corporate desk headcount by 25% 3. UOB Private Bank hires Dominique Boer as ASEAN regional market head 4. Japan banks turn to stablecoins to retain deposits 5. Can Asia’s banks make stablecoins work across borders?Resource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer