News

Ping An Digital Bank founding chairman Yip returns to lead board

Lau will transition to the role of advisor to the chief executive.

HSBC launches HSBC Access in Singapore for UHNW and family offices

It offers investment opportunities to high-growth innovation companies, amongst others.

Citi names BofA veteran Sophia Wang as head of China FI sales & SRM

Wang is tasked with leading Citi’s institutional sales coverage in the region.

SG's PathFin.ai AI-sharing programme grows to over 300 participants

The initiative aims to lower the cost for smaller financial institutions adopting AI. 

Citi installs regional trade heads amidst supply chain realignments

Geopolitical tensions and supply chain realignment are reshaping trade patterns, Citi said.

OCBC tops Forbes' 2026 World's Top Performing Banks list

DBS takes second place ahead of HDFC Bank and China Merchants Bank.

Ant International launches protocol for agentic AI payments

10 mobile wallets and 7 acquiring partners will adopt the protocol in the first phase.

Taiwan bank bad loans rise in July but asset quality ‘manageable’: FSC

The average NPL ratio is the same as in June and lower than a year earlier.

Citi cuts India foreign portfolio investors’ registration to five days

The first phase covers the US, Ireland, and Luxembourg.

Trust Bank launches AI Ask for conversational finance queries

The bank said that it will only use the specific customer’s transaction information to answer their question.

New Zealand admits first non-bank member to payment settlement system

All payments must first settle in ESAS before reaching their destination.

Singapore banks complete tokenised deposit pilots

DBS, OCBC, and UOB tested the technology for payments beyond traditional processing hours. 

Unlimit clinches money service operator license in Hong Kong

Unlimit operates stablecoin clearing house and exchange platform Stable.com.

Philippine regulator clears GCash parent for $1.48b IPO

It also approved a lower minimum ​initial public float of 12% instead of 15%.