Bank of Korea

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DBS' new CEO Tan eyes 'bolt-on' acquisitions to bolster tech capabilities

DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such as wealth and transaction banking.

Finance 6month
Navigating super trends: Bank of Singapore's Ranjit Khanna on AI, geopolitics and Asia's rise

Bank Of Singapore's Ranjit Khanna discusses how geopolitical landscapes and technological advancements are impacting investment strategies

Huntington among banks using AI to help lure customer deposits

Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.

China's central bank vows to promote applications of AI large language models

The People's Bank of China (PBC), the central bank, held a meeting to reinforce its technological work in 2025, vowing to promote the applications of artificial intelligence (AI) large language models and related technologies in the financial sector to accelerate the process of financial digitalization.

How Korean chips can seize the 'Stargate' moment

The country is falling behind in an intensifying cycle of innovation and competition involving AI and the changes in the industrial landscape AI will bring

AI hardware 7month
UnionBank champions AI-driven future at inaugural Sonai 2025

AT the Philippine Global AI Council's 'State of the Nation in AI (Sonai)' congress, Union Bank of the Philippines (UnionBank) showcased its leadership in AI-driven innovation to enhance customer experience,

Cybersecurity 7month
DBS Bank to cut 10% workforce in 3 years as AI transforms operations

DBS Bank to cut 10% workforce in 3 years as AI takes over key operations, with CEO Piyush Gupta outlining the impact of automation on banking jobs

Experts examine AI's impact on Thailand's financial services sector

Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today. Financial experts warned that fully banking on artificial intelligence (AI) won't guarantee a positive return on investment but pinned that clean data,