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

Daniel Yun, CEO of KakaoBank, discussed the bank's growth as it acquired the first million users in just five days of operations, driven by a commitment to addressing customer needs and aspirations to lead the retail banking sector in the markets it operates in

UOB SmartBusiness connects small and medium-sized enterprises with tailored digital solutions, fostering technological empowerment and resilience amid operational challenges

The island’s strong reputation for financial integrity is under scrutiny due to recent money laundering cases, highlighting the need for more robust AML/CTF practices, and vigilance in the financial sector

Family trust is a wealth management tool typically created by wealthy families, aimed at protecting and passing on family wealth. As a financial service for family asset planning, the origin of family trusts can be traced back to the UK and the US. Since the 1980s, with the increase in the number of high-net-worth families worldwide, family trusts have gradually become an important wealth management tool.

Banks in Asia Pacific invested an estimated $63 billion towards technology in 2022. The annual spending on technology is expected to increase by 7.5% in 2023 to $68 billion.

China Merchants Bank demonstrated resilience and growth in wealth management despite economic challenges from a beleaguered real estate sector

US banks’ return on equity declined due to higher loan-loss provisions, while Denmark’s Danske Bank reported the steepest drop, primarily attributed to the Estonia money-laundering case, which resulted in a significant net loss in 2022

Transaction banks in the Middle East are expanding services in non-oil businesses with high growth potential, in line with economic diversification, and to mitigate geopolitical instability in countries in the Gulf Cooperation Council

Driven by digital innovations and partnerships, Banque Saudi Fransi is proactively enhancing its role in trade finance to support Saudi Arabia’s shift from oil to non-oil sectors, aligning with the goals of Saudi Vision 2030

Banks have been investing in AI over the last few years, focusing on specific use cases. They must now scale AI across their business processes and incorporate emerging advancements in GenAI.

ICICI Bank reported significant business growth in the first half of FY 2023-24, with increases in operating income and net profit driven by strong credit expansion

China's e-commerce rebounded in 2023, with Pinduoduo's remarkable performance surpassing that of Alibaba and JD.com. Alibaba responded with the 'Year-End Good Price' festival, emphasising a 'low price strategy.'

Goldman Sachs, UBS, and Citi reports highlight the rising importance of family governance, successions, and next-generation considerations in shaping strategic outlooks beyond traditional investments

China’s wealth management market overcame regulatory hurdles and saw renewed investor confidence in the first half of 2023, with mutual funds surpassing the scale of bank wealth management products