Current Account Jun 11 Financial Stability Board points banks towards AI monitoring AI as human oversight reaches its limits Agentic AI is increasingly embedded in fraud detection and payment workflows at major banks. The Financial Stability Board's June 2026 consultation re... 634
Current Account Jun 09 Intesa Sanpaolo bids $35.3B for Monte dei Paschi di Siena in deal that would reshape Italian banking Intesa Sanpaolo has launched a bid to acquire Banca Monte dei Paschi di Siena in a transaction that would create the Eurozone's second-largest bank by... 600
Current Account Jun 05 Citi Institute projects $5.5T tokenised asset market by 2030 as DTCC, NYSE and Nasdaq embed tokenisation in core infrastructure A new Citi Institute report projects the tokenised asset market will reach $5.5 trillion by 2030, driven by US equities, treasuries and money market f... 797
Current Account Jun 03 Basel Committee flags change management failures as top cause of ICT incidents at global banks Change control gaps are the leading cause of non-malicious ICT incidents at banks, ahead of design and testing failures, capacity issues and external ... 483
Current Account May 22 RHB targets SME cyber risk as Malaysia's fraud losses double and AI sharpens attack tooling RHB's integration of anti-money laundering and fraud management, combined with an SME cyber self-assessment tool, points to a broader challenge: finan... 1242
Current Account May 19 HSBC launches $4B credit facility for China's clean energy and low-carbon companies HSBC has established a $4 billion Sustainability and Transition Credit Facility in mainland China to provide financing to eligible companies in clean ... 878
Conference May 15 Malaysia enters third phase of economic transformation with a blueprint for an AI-native economy At The Asian Banker Summit 2026, Minister for Digital Gobind Singh Deo argued that Malaysia’s AI ambitions require more than investment attraction. ... 850
Current Account May 08 FSB flags supervisory data gaps across $2T private credit market The Financial Stability Board's first dedicated report on private credit finds that supervisors lack consistent visibility into a market estimated at ... 1509
Analysis May 08 HSBC's best returns in near 20 years meet a $1.3 billion credit charge HSBC posted its highest returns in nearly two decades in the first quarter of 2026, driven by a Hong Kong franchise delivering a 44.7% segment RoTE, a... 939
Current Account May 06 CIMB Group sells Thai auto portfolios to Krungsri as Forward30 rebalances group capital CIMB Group is reallocating capital away from Thailand's automotive finance market, with Thailand's share of group risk-weighted assets reduced to 10% ... 1386
Current Account May 05 OCBC acquires HSBC Indonesia's retail and wealth unit in $4.9B AUM deal The acquisition of HSBC Indonesia's International Wealth and Premier Banking operations adds 336,000 customers and about 1,300 staff to OCBC Indonesia... 1814
Current Account Apr 29 Strait of Hormuz closure set to deliver largest commodity price spike since 2022, World Bank warns The World Bank's April 2026 Commodity Markets Outlook projects a 16% rise in average commodity prices this year — the first annual increase since 20... 1898
Current Account Apr 29 Khazanah and SC price Malaysia's first tokenised sukuk in $25M pilot Khazanah Nasional and the Securities Commission Malaysia have priced the country's inaugural tokenised sukuk, a MYR 100 million (about $25 million) on... 1089
Current Account Apr 24 Non-USD stablecoins gain traction where banking and settlement rails are limited The 48-point gap between USD stablecoins’ 98% share of market capitalisation and the USD’s 50% share of cross-border payments points to a structur... 1215
Feature Apr 23 Malaysia's tokenisation pilots target cross-border wholesale frictions Bank Negara Malaysia's supervised pilots are testing whether tokenised deposits and ringgit stablecoins can address specific wholesale settlement fric... 5506