Finance industry 'years' from rebuilding trust

Board member Anthony Lim will replace the retiring Peter Seah in the new year.

On offer is vast computing power needed to keep up with the fintech revolution. The downside is greater risk of a cyberattack and the headache of complying with a plethora of data sovereignty laws.

Who's in charge when AI takes charge? Hong Kong's banking regulator launches Project SAGE as it explores safeguards for autonomous financial transactions.

The Singaporean Citi veteran has over three decades of experience at the US bank and replaces Tibor Pandi.

One of China's largest peer-to-peer lenders buys Quark Finance's asset-origination arm in ground-breaking M&A deal, a first in the P2P sector.

China's crackdown on online microlending may send shockwaves across the financial industry in the short run but will likely benefit the country's deleveraging efforts.