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Harvard grad lures Silicon Valley talent to Thailand's oldest bank

Harvard Grad Lures Silicon Valley Talent to Thailand's Oldest Bank

(Feb 15): Siam Commercial Bank Pcl, Thailand’s oldest homegrown lender, plans to roll out a robo-adviser service developed by its artificial intelligence unit as the country’s lenders belatedly embrace disruptive technology.

The unit, SCB Abacus, has wooed about 30 Thai technology experts from companies abroad to work on projects like the robo-adviser, which will recommend financial products to retail customers, its Chief Executive Sutapa Amornvivat said.

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