AI Job Shift in Finance: Hong Kong and Singapore are bracing for an “AI chill” as banks and insurers start trimming junior and back-office roles while raising the bar for new hires. Insurance Inflows Push: Indian life insurers are asking the government to double the tax-free limit on some policies to revive inflows, with knock-on effects for demand in ultra-long bonds. OCBC Leadership Moves: OCBC Hong Kong named Angus Tsang as Head of Wholesale Banking and Stanley Sze-To as Chief Risk Officer, as long-serving executive Johnny Wei prepares to retire in December 2026. U.S. Child Investment Accounts: The U.S. Treasury rolled out “Trump Accounts” nationwide via app stores, partnering with Robinhood and BNY, with $1,000 seed funding for eligible children starting July 4. U.S. Funding Markets Liquidity: Strategists say cash is flooding U.S. money markets and repo rates have softened, driven by structural balance-sheet capacity at big banks. RBI Banking Health: India’s central bank says bad loans are at multidecade lows, citing stronger profits, better loan quality, and solid capital buffers. Open-Source Security Push: IBM and Red Hat pledged $5bn for Project Lightwell to secure open-source software, with major banks among early participants. Crypto Market Infrastructure: Paxos became the first blockchain-native registered clearing agency approved by the SEC, expanding clearing and settlement services for eligible securities. Active ETF Boom: Actively managed ETFs hit a record $2.33tn in April, with $67bn net inflows and a strong year-to-date run. Fraud Update (India): RBI reported bank fraud amounts rose 46% to Rs 48,021 crore in FY26, even as the number of cases fell.