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Citi continues global roll out and enhancements to CitiDirect® Commercial Banking Platform

NEW YORK — Citi’s single-entry point digital client platform for commercial banking clients, CitiDirect® Commercial Banking, continues to be rolled out globally, and now has additional enhanced functionality, leveraging the…

Maybank forges partnership with Microsoft to accelerate digital transformation and AI-driven innovation

Maybank, Malaysia’s leading financial services group, has entered into a strategic partnership with Microsoft, to accelerate its digital transformation journey and reinforce its commitment in enhancing customer experience. This will…

IndusInd Bank appoints Axis Bank’s Rajiv Anand as CEO, MD for three years

IndusInd Bank on Monday announced that it has approved the appointment of veteran Rajiv Anand as its chief executive officer for a period of three years. The appointment is effective…

Citi appoints Prashant Thakker as Head of Asia South Corporate Bank

We are pleased to announce the appointment of Prashant Thakker as Head of Asia South Corporate Bank, effective immediately. Prashant currently heads Capital Management for JANA and Asia South and…

Deutsche Bank collaborates with finaXai to explore the future of tokenised funds servicing through AI

Deutsche Bank is collaborating with finaXai, a Singapore-based AI company co-founded by researchers from Nanyang Technological University, Singapore (NTU Singapore) and the National University of Singapore (NUS). The collaboration will…

Citi Australia and New Zealand bolsters its Research and Markets team

Citi Australia and New Zealand has announced several significant appointments across its Research and Markets businesses, marking a strategic investment in talent and leadership to strengthen its franchise in the…

SBM Bank India and ICICI Prudential Life Insurance Forge Strategic Bancassurance Alliance

Mumbai, May 16, 2025 – In a bid to bolster its retail business and offer an expanded suite of products and services to its customers, SBM Bank India has entered…

Close-up of a professional handshake over a laptop during a business meeting in an office.

BNY hires Nehal Mehra as Head of Asia Pacific Securities Financing & Global Collateral

Key points: Nehal Mehra joins BNY today, May 12, as Head of Asia Pacific Securities Financing & Global Collateral. He is based in Hong Kong, reporting to Nehal Udeshi, Head…

Michael P. Lyons Assumes Leadership of Fiserv as Chief Executive Officer

Singapore, 7 May 2025 – Fiserv, Inc., a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer…

Unified payments infrastructure Primer sets its stake in Singapore, reporting 239% year-on-year growth in payment volume in Asia Pacific

The remote-first company has incorporated in the city-state, as it eyes further expansion across its fastest-growing region. Singapore, 07 May 2025 – Primer, the unified infrastructure for global payments, has…

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            The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

            COVID-19
            Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

            Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

            The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

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