The Asia Pacific Banking News Network http://www.apbankers.net/ Sat, 29 Apr 2017 03:36:43 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Paytm launches Wealth Management products, starting with Gold News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35606/paytm-launches-wealth-management-products-starting-with-gold The virtual gold is backed by physical gold Wealth and Asset Management Alibaba's Yu'eBao Becomes First Chinese Fund Management Firm With Over RMB1 Trillion In Assets News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35608/alibabaamp039s-yuamp039ebao-becomes-first-chinese-fund-management-firm-with-over-rmb1-trillion-in-assets Yu'eBao is now ranked as China's 12th largest financial institution in terms of total deposits or assets managed. Wealth and Asset Management UBS launches UHNW tool-kit to support wealth transfer News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35567/ubs-launches-uhnw-tool-kit-to-support-wealth-transfer This reluctance is often not due to a lack of interest or aptitude, but rather an inability to identify ways to participate that suit their personal interests and life trajectories. Wealth and Asset Management Sandaire and Delancey Launch Mount Kendal in Singapore and Hong Kong, Offering a Unique Real Estate Investment Advisory Service to Asian Investors News Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35577/sandaire-and-delancey-launch-mount-kendal-in-singapore-and-hong-kong-offering-a-unique-real-estate-investment-advisory-service-to-asian-investors The service that we're going to offer is a bespoke response to the requirements of the family offices and investors that we work with. Wealth and Asset Management We'll be The Largest Private Bank in Asia News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35578/weamp039ll-be-the-largest-private-bank-in-asia He expects to see growth of the Ultra High Net Worth clients in China to remain robust this year. Wealth and Asset Management Number of Relationship Managers Stalls at Credit Suisse News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35580/number-of-relationship-managers-stalls-at-credit-suisse There was no great influence noticeable on the bottom line Wealth and Asset Management StanChart doubles first-quarter profits as bad debts fall News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35581/stanchart-doubles-first-quarter-profits-as-bad-debts-fall Performance boosts hopes for turnround of emerging markets bank Wealth and Asset Management Credit Suisse Advisor Hires Stall News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35584/credit-suisse-advisor-hires-stall Credit Suisse has changed its financial reporting for Asia Wealth and Asset Management 15 Poorest States With The Fewest Millionaires Per Capita News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35599/15-poorest-states-with-the-fewest-millionaires-per-capita Liquid financial assets are cash and all other assets that can be easily turned into cash. Wealth and Asset Management Schroders' Parbrook to hand over $4bn Asian Opportunities fund as he relocates to London News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35562/schrodersamp039-parbrook-to-hand-over-4bn-asian-opportunities-fund-as-he-relocates-to-london Will continue to run Asian Total Return fund Wealth and Asset Management Swiss fintech increases Asian focus with new hire News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35594/swiss-fintech-increases-asian-focus-with-new-hire It is time for a fresh look at not just optimising old processes but completely reimagining financial markets. Executive Moves Fund manager appoints new COO News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35595/fund-manager-appoints-new-coo He was delighted to have secured the services of a very senior and experienced industry professional to Aurora's management team. Executive Moves Countplus chair steps down after 11 years News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35596/countplus-chair-steps-down-after-11-years Add to this the ongoing convergence of professional financial advice with traditional accounting and taxation services, and the pre-requisites for growth of the Countplus collaborative partnership model are clear. Executive Moves Ausbil micro-cap fund managers depart News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35597/ausbil-micro-cap-fund-managers-depart The Ausbil team comprises six highly experienced sector specialist equity analysts and 18 investment personnel, with discussions having commenced to recruit an additional team member. Executive Moves Important Departure at Julius Baer News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35602/important-departure-at-julius-baer The bank itself will soon make an announcement. Executive Moves Chubb Life hires from FWD for new chief agency officer in HK News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35569/chubb-life-hires-from-fwd-for-new-chief-agency-officer-in-hk This means leading the agency management team to develop and implement effective strategies to further build a productive and quality agency force of scale. Executive Moves QBE hires former Prudential CRO Baxter News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35605/qbe-hires-former-prudential-cro-baxter Baxter was the chief risk officer of Prudential in the UK and Europe Executive Moves Asian Development Bank appoints first female director in Pakistan News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35531/asian-development-bank-appoints-first-female-director-in-pakistan Yang is ADB’s first female Country Director in Pakistan as well as the first Chinese national, according to ADB press statement. Executive Moves Federated Investors hires new team for Asia Pacific News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35533/federated-investors-hires-new-team-for-asia-pacific The team will “focus on the regional distribution of existing Federated investment strategies and growing strategic relationships with financial institutions”, the company said in the statement. Executive Moves Big Six firm dips into rival firm’s talent pool for latest HK hire News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35548/big-six-firm-dips-into-rival-firmamprsquos-talent-pool-for-latest-hk-hire He focuses on the infrastructure, energy, water, and wastewater sectors, and is also an expert on public private partnerships. Executive Moves Offshore wealth: Tax amnesty to lure back money opposed News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35600/offshore-wealth-tax-amnesty-to-lure-back-money-opposed Mainstream political parties that have a presence in parliament on Wednesday opposed the government’s move to offer a tax amnesty scheme in order to lure Pakistanis who have stashed money abroad to bring their wealth back. The government put to tes Legal, Regulation & Compliance Wealth products under scrutiny in China News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35566/wealth-products-under-scrutiny-in-china The growth rate slumped from 53% during the same period last year, the report cited the regulator as saying. Legal, Regulation & Compliance Hawsford can now provide trust services in Singapore, having secured a trust licence. News Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35583/hawsford-can-now-provide-trust-services-in-singapore-having-secured-a-trust-licence Generations of clients take confidence in our technical expertise and personalised approach. Legal, Regulation & Compliance Linklaters readies long-awaited China spinoff News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35534/linklaters-readies-long-awaited-china-spinoff It is understood three partners and 16 lawyers are leaving Linklaters’ China offices to set up the new independent firm. Legal, Regulation & Compliance Hong Kong free-trade agreement opens another Asian trade door News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35545/hong-kong-free-trade-agreement-opens-another-asian-trade-door He described Hong Kong as “Australia’s leading business base in Asia,” with more than 600 firms having a major presence there. Legal, Regulation & Compliance HK Judge Awards Costs Over Tossed Arbitral Award News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35546/hk-judge-awards-costs-over-tossed-arbitral-award Hong Kong High Court Judge Simon Leung awarded China Property Development Ltd. costs related to a suit that defeated an arbitration tribunal’s finding that it was liable for RMB 10 million Legal, Regulation & Compliance ‘Lift bank secrecy before tax amnesty’ News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35557/amplsquolift-bank-secrecy-before-tax-amnestyamprsquo Only the Philippines, Lebanon and Switzerland still have restrictive banking laws that make it difficult for authorities to go after tax evaders and money launderers, the NTRC said in a report. Legal, Regulation & Compliance China bails out Pakistan with $1.2bn loans News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35570/china-bails-out-pakistan-with-12bn-loans Rising imports and falling exports and remittances revive threat of forex crisis Legal, Regulation & Compliance Vietnam’s drivers trade up from two wheels to four News Aggregation Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35507/vietnamamprsquos-drivers-trade-up-from-two-wheels-to-four Economic growth and tariff cuts spark new-car boom but sustainability doubts linger Legal, Regulation & Compliance ASIC signs fintech agreement with Indonesia News Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35509/asic-signs-fintech-agreement-with-indonesia Fintech cooperation agreements have been signed with a number of other regulators, including the Monetary Authority of Singapore Legal, Regulation & Compliance Dimension Data to design, build and manage Indonesian bank’s next-gen data centre News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35614/dimension-data-to-design-build-and-manage-indonesian-bankamprsquos-next-gen-data-centre Dimension Data is thus helping the bank to design and install networks for the new data centre. FinTech Chimpchange Growth Supercharged By U.S. Tax Season News Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35579/chimpchange-growth-supercharged-by-us-tax-season “Furthermore, we finished the March quarter with TTV running at an annualised run rate in excess of US$118 million (A$155 million1), strongly up from US$56 million at the end of the December quarter. FinTech First Private Bank to modernise and digitalise banking operations with Misys News Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35585/first-private-bank-to-modernise-and-digitalise-banking-operations-with-misys This project will see Misys FusionBanking Essence and Digital Channels provide an efficient, connected front, middle and back office with advanced analytics to support the bank in better understanding consumer needs. FinTech StanChart drives innovative approach to investing News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35537/stanchart-drives-innovative-approach-to-investing A new digital experience aimed at helping bankers and clients is set to be rolled out soon, says Alexis Calla of Standard Chartered Bank. FinTech NAB Wants Millennial Disruption News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35544/nab-wants-millennial-disruption Held at NAB’s Melbourne headquarters in April, the participants were empowered to create their own technology solutions that they think would help them make financially sound decisions. FinTech Rise of the robot fund manager News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35556/rise-of-the-robot-fund-manager The app will be launched in Thailand once the company wins permission from the Securities and Exchange Commission. FinTech Need help? Virtual 'officers' will reply News Aggregation Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35510/need-help-virtual-amp039officersamp039-will-reply More firms, govt agencies using chatbots for customer service, but experts warn of security risks FinTech Great Leap Forward For Asia's Emerging Market Banks News Aggregation Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35524/great-leap-forward-for-asiaamp039s-emerging-market-banks The application of information technology to finance is at a historical turning point. FinTech Artificial intelligence reinventing banking in PH News Aggregation Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35530/artificial-intelligence-reinventing-banking-in-ph Banks in the Philippines are starting to invest in artificial intelligence FinTech Kevin Diao of Meixin Global in Forbes 2017 30 Under 30 List News Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35542/kevin-diao-of-meixin-global-in-forbes-2017-30-under-30-list The list features 300 success stories across 10 different categories. FinTech Singapore banks could use some HK property mania News Aggregation Team Friday, April 28, 2017 12:00 am http://www.apbankers.net/article/35612/singapore-banks-could-use-some-hk-property-mania It's too early to say if a recovery in Singapore's new home sales last month was anything more than a flash in the pan. Alternative Investments Australian Ethical passes $2 billion in funds under management News Team Friday, April 28, 2017 12:00 am http://www.apbankers.net/article/35618/australian-ethical-passes-2-billion-in-funds-under-management People are also coming to understand it is possible to have professional investment management that actively addresses widespread ethical concerns. Alternative Investments Three of the five largest private equity funds are in Asia News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35588/three-of-the-five-largest-private-equity-funds-are-in-asia Fund managers coming to market are targeting an investor base that is still very positive towards private equity. Alternative Investments Why European, Asian investors are favouring real estate News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35589/why-european-asian-investors-are-favouring-real-estate This is a positive development for the Asian real estate market which is seeking a resurgence on inflows from Europe and US investors. Alternative Investments HSBC GAM to hard-close $1.3bn Asia ex Japan small-cap fund News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35604/hsbc-gam-to-hard-close-13bn-asia-ex-japan-small-cap-fund The move is the result of "significant investor interest" on the back of strong performance Alternative Investments Investors demand more ethical solutions: BetaShares News Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35587/investors-demand-more-ethical-solutions-betashares Of the $45 trillion worth of assets these 500 asset owners represent, 8-9 years ago only 2% of their investments could be classed as low carbon Alternative Investments Fidelity International launches digital brand campaign in Asia News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35536/fidelity-international-launches-digital-brand-campaign-in-asia The videos feature local investors from each market. Alternative Investments Many licensees are set to begin onshore fund management operations in China News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35538/many-licensees-are-set-to-begin-onshore-fund-management-operations-in-china According to the report, China and the US have argued over allowing foreign managers onshore access for years. Alternative Investments China Markets Reel as $1.7 Trillion in Shadow Funds Unwinds News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35543/china-markets-reel-as-17-trillion-in-shadow-funds-unwinds Critics have blamed entrusted managers for adding leverage to China’s financial system and reducing transparency. Alternative Investments Gulf Royal-Backed Samena to Raise $700 Million News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35552/gulf-royal-backed-samena-to-raise-700-million The Middle East still has some challenges ahead due to lower oil prices. Alternative Investments Japan keeps making inroads into global Islamic finance News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35586/japan-keeps-making-inroads-into-global-islamic-finance The two-year financing term will be used to fund projects undertaken by ICD in its member countries and is the first cross-border bilateral Islamic facility for Mizuho Bank. Islamic Finance Innovation key for future impact of Islamic finance News Aggregation Team Tuesday, April 18, 2017 12:00 am http://www.apbankers.net/article/35441/innovation-key-for-future-impact-of-islamic-finance A customer buys an easily saleable asset from an Islamic bank at a marked-up price, to be paid at a later date, and quickly sells the asset to raise cash for the purpose of obtaining liquidity. Islamic Finance Islamic Banking in India? No Deadline Set Yet, Says RBI News Aggregation Team Sunday, April 09, 2017 12:00 am http://www.apbankers.net/article/35267/islamic-banking-in-india-no-deadline-set-yet-says-rbi Responding to an RTI application, the RBI said it has not taken any step to introduce Islamic window in banks for a gradual introduction of Sharia-compliant interest-free banking in India. Islamic Finance ICD Signs MoU to Test New Banking Model News Team Tuesday, April 04, 2017 12:00 am http://www.apbankers.net/article/35171/icd-signs-mou-to-test-new-banking-model The model is based on Islamic Finance principles and it will make the Islamic Banking more competitive. Islamic Finance Malaysia's Maybank Islamic looks to home markets to drive growth News Aggregation Team Friday, March 31, 2017 12:00 am http://www.apbankers.net/article/35066/malaysiaamp039s-maybank-islamic-looks-to-home-markets-to-drive-growth Indonesia remains a key market for the bank, after Malaysia which accounts for 90 percent of the bank's business. Islamic Finance Maybank Islamic unveils Islamic Private Wealth Solution News Aggregation Team Tuesday, March 28, 2017 12:00 am http://www.apbankers.net/article/34946/maybank-islamic-unveils-islamic-private-wealth-solution The bank explained that the enhanced platform will allow HNW clients to view and monitor their various Islamic investment portfolios holistically, in one single statement. Islamic Finance DIB launches Panin Dubai Syariah Bank in Indonesia News Aggregation Team Tuesday, March 28, 2017 12:00 am http://www.apbankers.net/article/34974/dib-launches-panin-dubai-syariah-bank-in-indonesia The rebranded bank offers Islamic banking services in Indonesia Islamic Finance BIMB Investment launches Shariah-compliant ESG fund News Aggregation Team Tuesday, March 14, 2017 12:00 am http://www.apbankers.net/article/34626/bimb-investment-launches-shariah-compliant-esg-fund The firm has rebranded and redefined its value propositions to investors as a Shariah-ESG fund house with its partnership with Arabesque Partners,” Kamarudin adds. Islamic Finance Bank Rakyat a takeover target News Aggregation Team Monday, March 13, 2017 12:00 am http://www.apbankers.net/article/34613/bank-rakyat-a-takeover-target PNB among institutions said to be exploring the profitable co-operative bank Islamic Finance Cayman and BVI poised to benefit from forecast Islamic finance growth News Aggregation Team Thursday, March 02, 2017 12:00 am http://www.apbankers.net/article/34381/cayman-and-bvi-poised-to-benefit-from-forecast-islamic-finance-growth The industry is developing new products we are seeing more Shariah compliant retail and corporate banking and trade finance products coming online. Islamic Finance Asian Development Bank faces critical tests in the next five years News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35593/asian-development-bank-faces-critical-tests-in-the-next-five-years The ADB’s total commitments were US$17 billion in 2016 with a goal of reaching $20 billion by decade’s end. Investment Banking ANZ picky about $4bn wealth management sale News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35603/anz-picky-about-4bn-wealth-management-sale But it is interesting to note that listed IOOF was also said to fall short of ANZ’s criteria. Investment Banking Customers in short supply at HSBC's Pearl River Delta branches, core of China plan News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35609/customers-in-short-supply-at-hsbcamp039s-pearl-river-delta-branches-core-of-china-plan On the ground, HSBC still has a mountain to climb. Investment Banking Trading and cost cutting jump-start Nomura’s wholesale profits News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35611/trading-and-cost-cutting-jump-start-nomuraamprsquos-wholesale-profits The Japanese bank has increased the bottom line more than 10-fold in its trading and investment banking unit Investment Banking Maybank Indonesia records higher profit in Q1 News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35613/maybank-indonesia-records-higher-profit-in-q1 Global banking loans soared 20.8% to 26.0 trillion rupiah from 21.5 trillion rupiah, benefiting from the re-aligning and re-profiling of portfolio. Investment Banking China banks miss out on U.S. investment banking bonanza News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35582/china-banks-miss-out-on-us-investment-banking-bonanza What is holding the banks back is the way Beijing controls the top lenders to manage the supply of credit to the Chinese economy. Investment Banking Do China’s Southeast Asia investments come with strings attached? News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35541/do-chinaamprsquos-southeast-asia-investments-come-with-strings-attached The region is in desperate need of infrastructure investment to keep pace with its growing economy and population, but Chinese investment comes along with goals of spreading cultural dominance Investment Banking Boutique bank eyes expansion in India amid M&A boom News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35547/boutique-bank-eyes-expansion-in-india-amid-mampampa-boom Mergers and acquisitions involving Indian companies hit a record $72.4 billion last year, led by transactions in the energy and power sectors, according to Thomson Reuters data. Investment Banking Barclays sets loan repayment ultimatums for former KWM EUME partners News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35574/barclays-sets-loan-repayment-ultimatums-for-former-kwm-eume-partners Partners reportedly replied with queries after the first round of communications, but the bank did not respond. One source said that the person who handled the matter for Barclays “fell ill.” Investment Banking Russia's VTB Capital boosts team of metals traders in HK News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35575/russiaamp039s-vtb-capital-boosts-team-of-metals-traders-in-hk He did not disclose the names of the four others. Investment Banking China's Southeast Asia investments: A blessing or a curse? News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35540/chinaamp039s-southeast-asia-investments-a-blessing-or-a-curse For Southeast Asian countries, an increased economic cooperation with China can be a double-edged sword. Beijing's investment initiatives are not only aimed at regional connectivity, they also seek ideological hegemony. InvestmentView 'India Must Ease Up Complex Tax Laws For PE Growth' News Aggregation Team Sunday, April 23, 2017 12:00 am http://www.apbankers.net/article/35497/amp039india-must-ease-up-complex-tax-laws-for-pe-growthamp039 PE industry in India has grown, but it still isn’t enough to satisfy the beast InvestmentView China central bank chief says 6.5 percent growth target 'within reach' News Aggregation Team Saturday, April 22, 2017 12:00 am http://www.apbankers.net/article/35501/china-central-bank-chief-says-65-percent-growth-target-amp039within-reachamp039 The country ultimately achieved 6.7 percent growth last year, supported by record bank loans, a speculative housing boom and billions in government investment. InvestmentView Indonesia's GDP Growth Curtailed by High Non-Performing Loan Ratio News Aggregation Team Tuesday, April 11, 2017 12:00 am http://www.apbankers.net/article/35297/indonesiaamp039s-gdp-growth-curtailed-by-high-non-performing-loan-ratio Although various external and internal matters were to blame for Indonesia's 2011-2015 economic slowdown, the high NPL ratio today can undermine economic acceleration as credit growth is curbed. InvestmentView Middle East firms to invest $650m in PH News Aggregation Team Monday, April 10, 2017 12:00 am http://www.apbankers.net/article/35263/middle-east-firms-to-invest-650m-in-ph The investments, brokered by the Philippine Economic Zone Authority, involves 10 projects from Qatar worth $175 million, 7 from Saudi Arabia valued at $465 million and a lone investment of $10 million from the United Arab Emirates. InvestmentView Indonesia’s Rogue Bank News Aggregation Team Monday, April 10, 2017 12:00 am http://www.apbankers.net/article/35298/indonesiaamprsquos-rogue-bank Stolen millions, money laundered to terrorists and the Russian Mafia are just a start InvestmentView Philippines economy seen growing at fastest pace in region News Aggregation Team Friday, March 24, 2017 12:00 am http://www.apbankers.net/article/34897/philippines-economy-seen-growing-at-fastest-pace-in-region The domestic economy grew by 6.8 per cent last year, although this included an extraordinary boost from the presidential elections. InvestmentView China's chill hits banks' bottom lines News Aggregation Team Friday, March 10, 2017 12:00 am http://www.apbankers.net/article/34550/chinaamp039s-chill-hits-banksamp039-bottom-lines Ripple effects from slowdown in Asia's biggest economy, falling commodity prices InvestmentView Strategy Update from BNP Paribas Investment Partners News Team Tuesday, February 14, 2017 12:00 am http://www.apbankers.net/article/33983/strategy-update-from-bnp-paribas-investment-partners US political uncertainty remains high as it is unclear how a possible tax changes will evolve InvestmentView Will the Year of the Rooster turn out to be Year of the Bear instead? News Team Thursday, January 26, 2017 12:00 am http://www.apbankers.net/article/33600/will-the-year-of-the-rooster-turn-out-to-be-year-of-the-bear-instead Don't get dazzled by big GDP numbers InvestmentView CBA removes non-monetary default clauses News Aggregation Team Friday, April 28, 2017 12:00 am http://www.apbankers.net/article/35620/cba-removes-non-monetary-default-clauses One of the most controversial features of small business lending in recent years has been the ability of banks to put customers who are still meeting their loan repayments into default. Retail Banking Westpac caves to coal protesters on lending News Aggregation Team Friday, April 28, 2017 12:00 am http://www.apbankers.net/article/35621/westpac-caves-to-coal-protesters-on-lending In an updated climate action plan announced on Friday Retail Banking Has the tide finally turned for Axis Bank? News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35610/has-the-tide-finally-turned-for-axis-bank Although the bank reported a sequential improvement in earnings, net profit dropped 43% Retail Banking Bank workers union offers to work alongside ANZ NZ, ASB, BNZ & Westpac NZ to implement culture change to a customer service first approach from a sales first approach in retail banking News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35619/bank-workers-union-offers-to-work-alongside-anz-nz-asb-bnz-ampamp-westpac-nz-to-implement-culture-change-to-a-customer-service-first-approach-from-a-sales-first-approach-in-retail-banking It focused on bank staff and third parties who receive payments for selling bank products such as deposit accounts, mortgages and credit cards. Retail Banking Big Thai banks post profit rise for three straight quarters News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35532/big-thai-banks-post-profit-rise-for-three-straight-quarters Given sluggish economy, lower provisioning could be risky, analyst says Retail Banking Japan's Mizuho Bank CEO says days of steep asset growth are over News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35550/japanamp039s-mizuho-bank-ceo-says-days-of-steep-asset-growth-are-over Mizuho and its Japanese peers emerged relatively unscathed from the global financial crisis of 2007-09. Retail Banking Agricultural bank lends more to farmers, rural businesses in Q1 News Aggregation Team Tuesday, April 25, 2017 12:00 am http://www.apbankers.net/article/35568/agricultural-bank-lends-more-to-farmers-rural-businesses-in-q1 The ABC has enhanced lending support for large-scale and professional farming and other new types of agribusiness, as well as medium-sized and small rural households, according to the bank. Retail Banking Vietnamese lender SCB aims to fetch $700m selling majority stake News Aggregation Team Monday, April 24, 2017 12:00 am http://www.apbankers.net/article/35520/vietnamese-lender-scb-aims-to-fetch-700m-selling-majority-stake The funds will help strengthen its financial products and speed up the resolution of remaining bad debt. Retail Banking ANZ Sells Vietnam Unit News Aggregation Team Friday, April 21, 2017 12:00 am http://www.apbankers.net/article/35484/anz-sells-vietnam-unit The Melbourne based bank said it would now focus on Institutional Banking in Vietnam. Retail Banking BDO, subsidiary bag Asian awards News Aggregation Team Thursday, April 20, 2017 12:00 am http://www.apbankers.net/article/35462/bdo-subsidiary-bag-asian-awards This recognition was given in recognition of the Asean members’ commitment to promote good governance in order to increase foreign direct investments into the region. Retail Banking PHL faces hurdles in copying Indonesia’s tax amnesty News Aggregation Team Sunday, April 23, 2017 12:00 am http://www.apbankers.net/article/35495/phl-faces-hurdles-in-copying-indonesiaamprsquos-tax-amnesty The previous administration estimated lost revenue due to evasion at about $10 billion a year. Tax Indian Banks To Soon Freeze Accounts For FATCA Non-Compliance News Aggregation Team Thursday, April 20, 2017 12:00 am http://www.apbankers.net/article/35481/indian-banks-to-soon-freeze-accounts-for-fatca-non-compliance The financial institutions were also advised to continue to work on completing the required due diligence, including obtaining self-certifications. Tax FICCI proposes 10pc corporate tax cut News Aggregation Team Tuesday, April 18, 2017 12:00 am http://www.apbankers.net/article/35408/ficci-proposes-10pc-corporate-tax-cut BWCCI, IBCCI also place their fiscal proposals Tax Tax amnesty: Law on the anvil to protect owners of offshore assets News Aggregation Team Monday, April 10, 2017 12:00 am http://www.apbankers.net/article/35264/tax-amnesty-law-on-the-anvil-to-protect-owners-of-offshore-assets The stakeholders – including the government and businesses – are finalising the and Foreign Asset Tax Bill, 2017 to give a general tax amnesty scheme. Tax Indonesian tax amnesty odd help for private banks News Aggregation Team Sunday, April 09, 2017 12:00 am http://www.apbankers.net/article/35282/indonesian-tax-amnesty-odd-help-for-private-banks The bold scheme, launched last year with great fanfare, initially alarmed private bankers. Tax Hong Kong signs data-sharing deal with South Africa and Portugal News Aggregation Team Friday, April 07, 2017 12:00 am http://www.apbankers.net/article/35249/hong-kong-signs-data-sharing-deal-with-south-africa-and-portugal It is the latest data-sharing agreement signed by Hong Kong Tax In tax evasion hunt, Australia finds scores of Swiss accounts still active News Aggregation Team Thursday, April 06, 2017 12:00 am http://www.apbankers.net/article/35202/in-tax-evasion-hunt-australia-finds-scores-of-swiss-accounts-still-active Out of that, Australia has already identified more than 340 and is still making inquiries to expose the remainder. Tax Corporate giants hit with $2.2 bn Australia tax bill News Aggregation Team Thursday, April 06, 2017 12:00 am http://www.apbankers.net/article/35224/corporate-giants-hit-with-22-bn-australia-tax-bill The government said four of the firms were involved in e­commerce and three in the energy and resource sectors Tax Indonesia to widen crackdown on tax evaders as amnesty ends today News Aggregation Team Friday, March 31, 2017 12:00 am http://www.apbankers.net/article/35096/indonesia-to-widen-crackdown-on-tax-evaders-as-amnesty-ends-today Mr Widodo is banking on revenue from the amnesty to fund billions of dollars in infrastructure projects as South-east Asia’s biggest economy struggles to return to historic levels of economic growth. Tax Specialists to thrive as clients seek compliance News Aggregation Team Friday, March 31, 2017 12:00 am http://www.apbankers.net/article/35099/specialists-to-thrive-as-clients-seek-compliance In short, legal, tax-compliant structures are the only way forward. Tax ANZ New Zealand Business Confidence Declines Slightly in April News Aggregation Team Friday, April 28, 2017 12:00 am http://www.apbankers.net/article/35617/anz-new-zealand-business-confidence-declines-slightly-in-april Released on a monthly basis, ANZ’s business outlook survey is based on consultations with 1,500 businesses nationwide. Comment, Analysis & Research Shady practices in China lure unwary investors News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35590/shady-practices-in-china-lure-unwary-investors Give-away deals prey on financial illiteracy Comment, Analysis & Research Why adaption is more important than the offering News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35591/why-adaption-is-more-important-than-the-offering And it is inevitable that with the growth in technology and innovation, companies are being forced to be transparent. Comment, Analysis & Research China Merchants Bank expands private banking in Singapore News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35592/china-merchants-bank-expands-private-banking-in-singapore It is part of the strategy by China's largest private bank by assets to service the growing internationalisation of wealth coming from the mainland. Comment, Analysis & Research India is a multi-year story, but valuations are a bit stretched: Jorge Mariscal, UBS Wealth Management News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35601/india-is-a-multi-year-story-but-valuations-are-a-bit-stretched-jorge-mariscal-ubs-wealth-management Emerging markets will continue to perform well. Comment, Analysis & Research Why governance is gaining traction in Asian families News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35607/why-governance-is-gaining-traction-in-asian-families The driving force, he says, is not only to safeguard the shareholding rights of the next generation, but also to manage conflict and disagreements. Comment, Analysis & Research The history of central banks News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35615/the-history-of-central-banks Central bankers across the world have been criticised for overstepping their brief, having opined about broader issues (the Reserve Bank of India’s Raghuram Rajan on religious tolerance, the Bank of England’s Mark Carney on climate change). Comment, Analysis & Research Philippines Wants Spotlight on Building Boom, Not Drug War News Aggregation Team Thursday, April 27, 2017 12:00 am http://www.apbankers.net/article/35616/philippines-wants-spotlight-on-building-boom-not-drug-war Duterte to spend $180 billion on infrastructure through 2022 Comment, Analysis & Research Twelve million Aussies see benefits of advice News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35573/twelve-million-aussies-see-benefits-of-advice The difference this year is that the campaign will focus on how this translates into tangible outcomes. Comment, Analysis & Research Co-Investing And Next-Gen Attitude To Be Surveyed In New Family Report News Aggregation Team Wednesday, April 26, 2017 12:00 am http://www.apbankers.net/article/35598/co-investing-and-next-gen-attitude-to-be-surveyed-in-new-family-report The Global Family Office Report survey returned online earlier this month as the backbone of the influential study with new facets of the family office sector to explore. Comment, Analysis & Research