It was a spectacle reminiscent of the worst days of the late-1990s Asian financial crisis: Throngs of depositors descended on branches of Bank of East Asia across Hong Kong last September, worried ...

Asia’s big banks are elbowing out their Western rivals as demand for financial services skyrockets in the region—and beyond. One of the great ironies lost in the panic of the global financial crisis ...

Asia-Pacific banks are increasing loan loss provisions as the ongoing Iran conflict threatens regional economic stability and drives uncertainty across global energy markets. Financial institutions in ...

By Selena Li, Scott Murdoch and Yantoultra Ngui HONG KONG/SYDNEY, May 14 (Reuters) - Asia Pacific banks may have to raise ...

GCC banks are expanding their footprint in Asia-Pacific, now the Gulf’s number-one trade partner. While Western economies struggle with the aftermath of the Covid-19 pandemic and the ongoing war in ...

Transaction banks in Asia have been relatively slow to move away from manual processes. PwC’s 2023 digital banking survey stated that it was imperative for banks in southeast Asia to accelerate their ...

Central banks in Asia face a catch-22 in 2025. A relentless rise in the U.S. dollar has sent Asian currencies such as the Japanese yen, South Korean won, Chinese yuan and the Indian rupee reeling to ...

SINGAPORE/HONG KONG, April 30 (Reuters) - Banks across Asia, including those in Singapore - among the region's largest - are tightening checks on artificial intelligence tools as the very newest ...

Central bank decisions by South Korea, Indonesia and Thailand are in focus after the Philippines took the leap and became one of the few central banks in Asia to cut ahead of the Federal Reserve. Now, ...

For the second year in a row, HSBC walks away with the award for Asia’s best bank – and deservedly so. Outgoing chief executive Noel Quinn’s decisive move in early 2020 to pivot to Asia by redeploying ...