Banking
Italy’s top bank Intesa launches unsolicited 30.6 billion euro bid for rival Monte dei Paschi
The merged entity will be eurozone’s second-biggest by market value, with a capitalisation of 126 billion euros
Banks lay groundwork for mass workforce cuts as AI takes hold
Recent comments by CEOs leave industry workers dazed about whether their jobs are safe
HSBC CEO pitches to Hong Kong clients, hires more bankers amid stiff competition
Lender trying to rebuild market share after a major global restructuring of its investment bank early last year triggered many senior departures
Mizuho plans more Singapore hiring to power next phase of Asia growth
India tops the list of preferred investment destinations for Japanese clients, says Apac CEO Koichi Zaiki
Firms must help staff plan as AI job cuts become inevitable, top Australia banker says
Smaller teams and steeper career paths ahead as AI reshapes roles
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent
The Singaporean turning Vietnam's Techcombank into an AI-first lender
The private bank’s first-ever chief data officer bets on cross-ecosystem data sets, proprietary AI models
OCBC Hong Kong to lift wealth RM headcount by 30% as revenue heads for double-digit growth
The franchise aims to become a top-10 bank in the city by 2030
More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings
Their combined non-interest income rises to a record S$5.16 billion from S$4.78 billion the year before
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hits a high
At least half a dozen lenders have increased their number of special asset bankers
