News

Simon-Kucher expert says Asia’s banks overspend with blanket deposit pricing

Most institutions simply follow central bank moves, offering the same rates to broad customers.

How can banks use AI and digital rails to cut trade finance inefficiencies?

It can reduce compliance burdens, but only if they are designed to be simple, trusted, and interoperable. 

Crédit Agricole CIB and Indosuez inaugurate new Singapore office

They will share the 43,420 square feet workspace at IOI Central Boulevard Towers.

Why banks still don’t start with your name

An ABF Summit keynote challenged how banks begin customer interactions.

How Citi Wealth uses AI for insights to support, not replace advisors

Research shows that 70% of wealth managers believe AI enhances.

DBS expands FX and commodities products as clients seek higher returns

DBS' 300,000 wealth clients are increasingly embracing FX and precious metals, said Rohit Meena.

Why banks see AI as a shift from product selling to service

There has been a notable 80% reduction in contact centre handling times. 

HSBC sets up Singapore centre to explore quantum tech in finance

Initial priorities include PQC, QKD, and long-term infrastructure resilience.

Wealth customers turn to private markets for higher returns

US tech firms are helping drive interest, said digital wealth firm StashAway.

HSBC rolls out cross-border tokenised deposit service

TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.

High loan growth and weaker profitability weighs on Vietnam’s TPBank

Planned injection in a securities company affiliate will also weaken overall capitalization.

Australian regulator’s private credit scrutiny supports market stability: analyst

Better transparency, reporting, and oversight will strengthen the market.

Social pressures drive financial misreporting in Singapore

The highest misreporting rates are in the Philippines (47%) and Indonesia (45%).