AI Fraud Surge in India: A BioCatch survey says 84% of Indian banking leaders report rising fraud losses, with AI agents and instant payments like UPI flagged as the biggest vulnerabilities, and 93% saying AI is making scams more sophisticated. Wealth Banking Push: JPMorgan doubled its Singapore-based private bankers serving wealthy clients to 50+ as it targets more business from the region, with many hires focused on Indonesia. RBI Forex Boost Watch: Jefferies says HDFC Bank could be a top beneficiary of the RBI’s renewed FCNR-B and ECB-linked measures to attract foreign currency inflows, citing its strong mobilising role in the 2013 scheme. Digital Payments Upgrade: Woori Bank plans a dedicated digital wallet for overseas tourists in South Korea, plus a prepaid card and tests using currency-backed stablecoins, starting in the second half of 2026. Banking Policy & Rates: In the UK, Chase is set to raise cashback to 2% from July 1 but with tighter monthly spending and savings criteria; in India, Bank of Baroda lifted MCLR by 5 bps from June 12. Green Finance Deal: ICBC Dubai is marketing USD and RMB three-year green bonds under its GMTN programme, aimed at renewable energy cooperation. Regulatory/Legal Risks: The US DOJ is probing whether major banks closed accounts over political views, issuing subpoenas to JPMorgan, Bank of America and Wells Fargo. Geopolitics: Amnesty accuses Israel of “ethnic cleansing” in the West Bank, while Israel’s cabinet is expected to approve funding for 61 new settlements.