TAB Global’s annual Digital Finance Leader of the Year award recognises one outstanding individual reshaping finance through innovation and inclusion

Andrew Jong, managing director of personal financial services, and Kevin Ng, head of small and medium-sized enterprise (SME) banking, talk about the bank's core strategies and achievements. HLB takes a client-centric strategy, focusing on understanding and addressing customer demands while pushing service advancements and product offers

As commercial property prices decline due to a pandemic-induced decrease in office space demand, US banks are boosting provisions for credit losses, prompting concern from the IMF over an 11% property-value drop following Fed rate hikes in 2022

Huang Jin, general manager of wealth management and private banking at China Minsheng Bank, discussed the bank’s private banking strategies that emphasise strict risk management, long-term client relationships, and innovative non-financial services

With a focus on enhancing its digital platform for affluent clients, Standard Chartered Hong Kong has affirmed its position as a leader in the wealth management sector in key Asian markets, including GBA and Southeast Asia

Silicon Valley Bank’s 2023 collapse continues to raise concerns in the echo chambers of the banking sector over slack lending practices and underwriting oversight, prompting a reevaluation of risk management strategies around macroeconomic influences

The global market outlook for 2024 anticipates a rate cut, with diverging regional performances, broadened participation in the US market, and investing styles benefitting from lower rates

In late January, troubled real estate giant Evergrande was liquidated, unable to reach agreements with creditors over its staggering debts exceeding $300 billion, and casting a pall over China’s property sector

The banking industry is using AI and data strategies to meet customer preferences, focusing on digital culture, secure operations, and partnerships to overcome challenges and cultivate customer-centricity

The global banking industry faces a unique confluence of challenges and opportunities, shaped by evolving economic landscapes, technological innovations, and a pressing need for sustainable practices

Banks aim to integrate blockchain into mainstream finance for digital assets, emphasising institutional-grade standards, interoperability, and collaboration

Rising borrowing costs, reduced demand, and stringent credit barriers have dampened growth prospects, and these factors are unlikely to shift given the current economic climate

Wee, the respected honorary adviser of renowned Asian institution, United Overseas Bank, passed away at age 95 after a remarkable life in the industry spotlight spanning over five decades

Aimed at elevating Singapore to the status of the leading sustainable finance hub in the world, SSFA will be co-chaired by HSBC’s Wong Kee Joo and BlackRock’s Deborah Ho, with a multi-sector committee overseeing key initiatives

Toss Bank, led by CEO Hong Min-taek, shakes up South Korea's digital banking scene with innovation, daily interest payouts, and efficiency, positioning it as a frontrunner in the financial landscape