News
Allianz buys HSBC Life Singapore for $2.1b
Allianz buys HSBC Life Singapore for $2.1b
The agreement includes a 15 year exclusive bancassurance partnership through HSBC.
Chubb and Atome launch shopping fraud cover
Cardholders can seek reimbursement when goods arrive damaged or fail to arrive.
MariBank Philippines transitions to a digital bank license
It commenced operations as a digital bank on 18 July.
Techcombank profit up 14.9% to $532.7m in H1 as insurance income doubles
The launch of its new life insurance company in Q1 accelerated the new premium collection
PH central bank inks pact to share financial data in scam probes
It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.
UOB upgrades 300,000 Visa cards to new premium tiers across ASEAN
Eligible cardholders will learn of their new card tiers beginning September 2026.
Krungsri posts 6.8% profit rise to $501m as AI supply chain fuels corporate lending
Loans inched up just 0.4% overall whilst deposits fell by 2.8% in the H1 period.
Krungsri maps out FX strategy with digital and currency expansion push
The Thai bank said it will deliver more tailored risk management solutions.
Krungthai Card's cautious loan strategy pays off as Q2 profit beats consensus
KTC is reducing its lease receivables and bad loans.
TPBank partners TerraPay for real-time payments across 156 countries
They do not have to make multiple bilateral relationships or invest heavily on tech, a bank official said.
BSP signs MOA to close FDI data gaps between bank and firm records
The BSP will compile official statistics using shared corporate-level information from the SEC.
Japan's biggest banks see stable loan demand in Q2 2026
Four banks said that demand from local governments were “substantially stronger.”
Which banks paid the highest penalties in Australia in H1
Penalties were doled out for misreporting and for failed responses to hardship requests.
HDFC Bank Q1 profit rises 4.98% to $1.97b as on interest income growth
Fees and commissions rose to $876m during the period.
Revolut launches its first APAC bank in Australia
Revolut has an existing customer base of over 1 million in the country.
CIMB launches Private Wealth segment
It will offer protection, lending, and investment products to affluent ASEAN customers.
UOB Private Bank names Judy Chan as Hong Kong managing director
She will oversee client coverage and team leadership in the city.
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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