banking

Sebastian Paredes will retire in March and be replaced by DBS Taiwan CEO Ng Sier Han.

Upon completion of the transaction in 2027, OCBC Indonesia’s AUM will increase by 25% and the bank's credit card balances will grow by more than 150%.

Singapore-based Jarek Olszowka has over two decades of experience in financial services and most recently worked at Nomura in London.

Amid a trade slowdown, IPOs, the issuance of convertible bonds, and cross-border M&A, including in the Middle East, are set to continue.

Tonik is the first digital-only bank in the Philippines with a banking licence from the BSP. Ukraine's Diligent Capital Partners, which is leading the pre-Series C funding round, has backed founder Greg Krasnov before.

Nelson has been interim chair since October 1 after Mark Tucker left the global bank to rejoin AIA.

The Central Bank of the UAE has approved Zand, a digital bank, to launch Zand AED, a multi-chain AED-backed stablecoin.

Banks and payment giants at the Singapore FinTech Festival warned about deepfakes, cyberattacks, and AI-driven fraud even as they push aggressively into agentic AI and design their firms around AI-native operating models. With risks rising, leaders said 2026 will force a balance between ambition and safeguards.

After a deluge of defaults, a new state-owned bank called United Islamic Bank is set to emerge out of the five banks, with the plan to privatise them over time.