News
Arthur D. Little sees embedded finance growth to $350b in 2024
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
Malaysia’s CIMB Bank unveils personal loan service for EPF members
They can receive up to RM50,000 in financing.
Gen AI to add up to $340b new value to banks: McKinsey
It will add $56b and $54b in new value to corporate and retail banking, respectively.
Corporate lending in South Korea rise in Q3
Depository corporations increased industrial lending by approximately US$24.41b
SMBC hires ex-Nomura banker as head of APAC private credit distribution
Yew Chuan Sim will lead the bank’s distribution efforts in APAC.
Weekly Global News Wrap: US regulator warns of BNPL risks; Citi overhaul to cost $1b, done by Q1
And Moody’s put Hong Kong and Macau banks on downgrade warnings.
SMBC India names Sandeep Chopra as head of corporate coverage
Chopra reports to Rakesh Garg, chief business officer of SMBC India.
Hong Kongers used credit cards more on average in Q3: study
Card origination volumes contracted, but average card limits are higher.
Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions
Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.
Deutsche Bank raises US$141m from second Panda Bond issuance
The German issuer had earlier raised US$143m in January.
Digital asset exchange DigiFT clinches capital markets service license in SG
DigiFT can now conduct regulated dealing of capital markets products.
Shinhan Bank Japan’s profits to decline, but asset quality stable in 2024
Loan concentration in the real estate investment segment remains a risk.
APRA keeps current macroprudential policy settings
Cost-of-living, the economic outlook, labour market, and borrowing cost were factors considered.
MUFG Investor Services opens operational center in Malaysia
Kimberly Clark’s Puneet Gupta will be the new managing director of the center.
Robust profits, lower credit costs to buoy Indonesia’s banks in 2024
The sector's profitability has surpassed pre-pandemic levels to reach 2.7%.
Hong Kong, Thailand launch cross-border QR payment service
HSBC and Bangkok Bank serve as settlement banks.
Bank of Singapore names Credit Suisse HK chief exec as new GC private banking head
Rickie Chan was also Credit Suisse’s head of global wealth management for Greater China.
Thought Leadership Centre
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1. Singapore banks complete tokenised deposit pilots 2. Barclays launches Singapore private bank booking centre 3. Singaporeans lead in digital wallet adoption but AI commerce trust lags 4. APAC has mastered domestic payments. The next challenge is connecting them. 5. DBS and Citi settle USD payments in minutes via tokenised depositsResource Center
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Event News
Inside Longbridge Securities (Singapore)’s win at the Asian Banking & Finance Fintech Awards 2026
Gavin Chia on how AI is making institutional-grade investing more accessible to everyday investors.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
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