AGP Executive Report
Last update: 10 hours agoHSBC & Taiwan Growth: HSBC says AI-driven investment, cross-border trade and wealth creation are boosting its Taiwan business, with Q1 pre-tax profit around NT$4bn and a push across trade finance, FX, advisory, markets and wealth. Wealth Tech in Practice: At Hubbis Singapore, advisor-centric AI is framed as an operational tool for meeting prep, notes, follow-ups, CRM updates and compliance—positioned as a productivity and service differentiator. Multi-Hub Wealth Model: M/HQ argues ultra-HNW families are moving from single-jurisdiction setups to multi-hub structures across Asia and the Middle East, changing how advisers chase deal flow. Budget Delay: Pakistan postpones Budget 2026-27 from June 10, with a new date to be announced after NEC rescheduling and provincial-federal funding mechanics. Green Finance Without Labels: Woori Bank expands taxonomy-based green lending (K-Taxonomy), aiming to cut greenwashing risk by proving project impact. Gold Loan Scrutiny: India’s finance ministry asks banks for detailed data on gold metal loans and gold-backed lending from 2023, hinting at further measures. ED Probes Zepto/CMRL: India’s ED summons Zepto founders in a FEMA probe and expands the CMRL case over alleged fictitious software expenses. SBI Dividend: SBI hands the government an Rs 8,813 crore dividend for FY25-26. UK Mortgage Rules: The FCA consults on mortgage rule changes to widen access for first-timers, freelancers and older borrowers. Crypto Treasury Buy: Bitmine boosts Ethereum buying during a dip, reporting its biggest 2026 ETH purchase to date. Payments Expansion: OpenWay and Visa team up to streamline payment capability rollouts across Asia-Pacific. Disaster Aid: Pangasinan pledges calamity support to Mindanao after the 7.8 quake.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.