Andersen Consulting adds coverage in Thailand and Indonesia with its newest member, Sertis, a leading consultancy delivering data-driven, enterprise AI solutions to clients through Southeast Asia and beyond. This strategic move bolsters Andersen Consulting’s presence in the region and strengthens the organization's capabilities in the AI space. Founded in 2014 by Tee Vachiramon, Sertis specializes in AI and technology transformation consulting services, including AI strategy development, custo...

ANEXT Bank, a Singapore digital wholesale bank licensed by the Monetary Authority of Singapore and a wholly-owned subsidiary of Ant International, has made steady growth in the year ended 31 December 2024, according to its newly released financial results. Amidst the challenging global macroeconomic environment last year, ANEXT Bank achieved a total revenue of S$44.9 million, an 83.5% increase year-on-year, and its total assets more than doubled to S$1.6 billion. Customer deposits rose by 207...

Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group, ASX: MAF) today announced the formation of a new joint venture (“JV”), which will invest up to US$1.7 billion in senior secured loans to U.S. middle market borrowers. The JV harnesses the complementary capabilities of the three partnering institutions to establish a differentiated platform focused on the attractive middle market subset of private credit. The JV expects to benefit fro...