The Asia Pacific Banking News Network http://www.apbankers.net/ Tue, 22 Aug 2017 12:57:45 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP How your private bank can do more for you News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37790/how-your-private-bank-can-do-more-for-you The private bank should aim to understand its clients’ deepest aspirations and goals. Wealth and Asset Management Motivation can affect family businesses post-sale News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37758/motivation-can-affect-family-businesses-post-sale The transaction moves Buccellati into one of the most prominent jewellery groups in China with the potential to expand the brand globally. Wealth and Asset Management European Wealth revamps fund to attract clients in Far East News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37762/european-wealth-revamps-fund-to-attract-clients-in-far-east The changes are in response to growing demand for more defensive structures from IFAs and wealth managers in the Far East, group chief exeucitve John Morton said. Wealth and Asset Management Reimagining wealth management in Malaysia News Aggregation Team Saturday, August 19, 2017 12:00 am http://www.apbankers.net/article/37748/reimagining-wealth-management-in-malaysia There was a time when insurance agents provided life insurance, investment advisors provided money management services, accountants did tax work, attorneys did legal work and so on and so forth. Wealth and Asset Management Private Banking's Big Challenge News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37710/private-bankingamp039s-big-challenge This is the finding of a bi-annual private banking study published by zeb consultants. Wealth and Asset Management Westpac halts $14bn asset manager sale News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37724/westpac-halts-14bn-asset-manager-sale Westpac has said it will continue to assess sale options Wealth and Asset Management Private banks EFG, VP Bank to raise headcount in Singapore News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37733/private-banks-efg-vp-bank-to-raise-headcount-in-singapore EFG clients include high net worth individuals with investable funds of over US$10 million (S$13.6 million), while VP Bank said it caters to the needs of HNWIs with “assets in excess of S$2 million". Wealth and Asset Management A-share firms bank on wealth management products to boost books in slowdown News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37677/a-share-firms-bank-on-wealth-management-products-to-boost-books-in-slowdown A-share firms’ holdings of wealth management products have risen from 7.1 billion yuan in 2012 to 743 billion yuan so far this year Wealth and Asset Management Numbers and needs of female HNWs set to grow News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37698/numbers-and-needs-of-female-hnws-set-to-grow The number of HNW women is even more likely to grow. Wealth and Asset Management Guernsey Finance marks first anniversary of Hong Kong office News Team Wednesday, August 16, 2017 12:00 am http://www.apbankers.net/article/37674/guernsey-finance-marks-first-anniversary-of-hong-kong-office The three panellists will present real-life case studies of how Guernsey provided a solution for their business or clients. Wealth and Asset Management SANNE appoints Managing Director to lead its Asia-Pacific and Mauritius regional business News Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37766/sanne-appoints-managing-director-to-lead-its-asia-pacific-and-mauritius-regional-business This will include delivering initiatives to develop an Asia specific service platform with multi-jurisdictional capabilities to further enhance SANNE’s brand and bespoke specialist solutions to the region’s leading asset managers, banks and fi Executive Moves These six senior bankers left global firms to join BOCI in Hong Kong News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37773/these-six-senior-bankers-left-global-firms-to-join-boci-in-hong-kong Here’s a selection of high-profile BOCI managers who worked at foreign firms earlier in their careers. Executive Moves UOB has hired a DBS veteran for a senior director role in Singapore News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37791/uob-has-hired-a-dbs-veteran-for-a-senior-director-role-in-singapore Tan was at DBS from October 2009 to June this year Executive Moves Capital Group brings in Shen Tan to bolster Asia institutional distribution News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37787/capital-group-brings-in-shen-tan-to-bolster-asia-institutional-distribution It currently manages more than $14 billion for its clients and investors in the region. Executive Moves Senior Move at State Street News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37792/senior-move-at-state-street Hui first joined SSGA as a portfolio manager managing passive portfolios and ETFs in 2003. Executive Moves Fixed income manager opens Australian office News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37794/fixed-income-manager-opens-australian-office A subsidiary of RBC Global Asset Management, BlueBay holds about US$52 billion in assets under management globally. Executive Moves Australian Ethical announces two senior appointments to its adviser team News Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37739/australian-ethical-announces-two-senior-appointments-to-its-adviser-team We believe advisers will play a critical role in educating clients and bringing ethical investing into the mainstream. Executive Moves Fidelity Raids Rival For Senior Role News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37749/fidelity-raids-rival-for-senior-role He was the division director for the Banking and Financial Services group at Macquarie. Executive Moves Asian Markets Reshuffle at Swiss Bank News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37755/asian-markets-reshuffle-at-swiss-bank He has been with the Swiss institution since 2007 and has held various roles, including head of Equity Sales in Hong Kong. Executive Moves HSBC Poaches from Standard Life News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37759/hsbc-poaches-from-standard-life At HSBC, Tampi reports to Henry Lee, who is head of the private bank's managed investment solutions arm. Executive Moves EBA urged to follow Singapore's approach to the regulation of cloud outsourcing by banks News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37769/eba-urged-to-follow-singaporeamp039s-approach-to-the-regulation-of-cloud-outsourcing-by-banks The firms must be able to demonstrate their compliance to the regulator. Legal, Regulation & Compliance Japan Inc.'s pension obligations shrink for first time in eight years News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37777/japan-incamp039s-pension-obligations-shrink-for-first-time-in-eight-years Smaller shortfalls could spur businesses to put cash hoards to work Legal, Regulation & Compliance Money laundering probe exposes Australian banks' compliance frailties News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37781/money-laundering-probe-exposes-australian-banksamp039-compliance-frailties That is not as widespread yet in Australia. Legal, Regulation & Compliance Towards a new model for advice News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37784/towards-a-new-model-for-advice The vast majority of advisers are evolving their charging model towards an ongoing service proposition with their customers. Legal, Regulation & Compliance Taiwan and India to strengthen their relationship News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37785/taiwan-and-india-to-strengthen-their-relationship Relationship between India and Taiwan has significantly improved along with rapid changes in regional security Legal, Regulation & Compliance Yunfeng’s MassMutual Asia buy puts MPFA chairman in conflict News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37742/yunfengamprsquos-massmutual-asia-buy-puts-mpfa-chairman-in-conflict But he has not excused himself from the management board at the MPFA that provides "strategic guidance and policy direction to the authority. Legal, Regulation & Compliance Ishaq Dar challenges SC verdict on Panama Papers News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37765/ishaq-dar-challenges-sc-verdict-on-panama-papers He maintained that No direction whatsoever was given to the JIT qua the Petitioner. Legal, Regulation & Compliance Landbank seeks GCG OK of Postbank acquisition News Aggregation Team Saturday, August 19, 2017 12:00 am http://www.apbankers.net/article/37738/landbank-seeks-gcg-ok-of-postbank-acquisition Under Republic Act No. 10149 or the GOCC Governance Act of 2011, the GCG can merge, reorganize or streamline as well as abolish or privatize state corporations. Legal, Regulation & Compliance Indonesian DGT issues guidance on tax treaty benefits News Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37725/indonesian-dgt-issues-guidance-on-tax-treaty-benefits A regulation (PER-08) dated 12 May 2017 sets out rules for Indonesian resident taxpayers to obtain a certificate of domicile (COD) to apply for treaty benefits Legal, Regulation & Compliance China regulator says shadow banking crackdown reaches initial targets News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37726/china-regulator-says-shadow-banking-crackdown-reaches-initial-targets Interbank, wealth management products, and off-balance sheet businesses are core problems for the banking sector Legal, Regulation & Compliance Global bank using tech to streamline Kiwi govt News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37775/global-bank-using-tech-to-streamline-kiwi-govt Citi began working with the government about four years ago and is the first non-Australasian bank to be signed up. FinTech Global financial tech player enters New Zealand News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37776/global-financial-tech-player-enters-new-zealand Stripe has been beta testing its products in New Zealand since the start of the year and officially launches today. FinTech Quantifeed launches Belt and Road model portfolio News Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37740/quantifeed-launches-belt-and-road-model-portfolio The 21st century form of the Silk Road comprises land and maritime trade routes connecting China with Central Asia, South East Asia, Australia and New Zealand, the Middle East, Africa and Europe. FinTech Taiwan goes in big on AI craze News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37763/taiwan-goes-in-big-on-ai-craze According to the China Post, the AI development plan will come from Taiwan’s flagship infrastructure bill FinTech DBS to invest $20m over five years to transform 10,000 employees into 'digital workforce' News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37756/dbs-to-invest-20m-over-five-years-to-transform-10000-employees-into-amp039digital-workforceamp039 The programme is designed to encourage large-scale participation and digital adoption by all bank employees FinTech Chinese banks leverage AI technology to reach young, tech-savvy investors News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37689/chinese-banks-leverage-ai-technology-to-reach-young-tech-savvy-investors All four are second-tier lenders that are less influential than the bigger state-owned banks. FinTech HSBC launches app to help clients track global trade transactions News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37694/hsbc-launches-app-to-help-clients-track-global-trade-transactions “The HSBC Trade Transaction Tracker helps customers manage their trade banking activities more efficiently,” Ajay Sharma, regional head of global trade and receivables finance of HSBC Asia Pacific, said at the launch. FinTech CMB Successfully Goes Live on Murex's MX.3 Platform News Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37696/cmb-successfully-goes-live-on-murexamp039s-mx3-platform Murex replaces enterprise legacy system across all asset class FinTech ANZ banks on partnerships to usher in new wave of digital transformation News Aggregation Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37632/anz-banks-on-partnerships-to-usher-in-new-wave-of-digital-transformation ANZ is looking to partner with an 'innovative' technology provider to bring additional insights and experience to support the bank's implementation of 'agile' ways of working. FinTech Aussie Bank Seeks Tech Partner News Aggregation Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37646/aussie-bank-seeks-tech-partner Florian said the bank isn't looking to replace its technology platform, which runs on a CSC Hogan core banking system. FinTech Hong Kong property investors go trophy hunting in London despite Brexit News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37770/hong-kong-property-investors-go-trophy-hunting-in-london-despite-brexit Deals from mainland China already make up a smaller proportion of the activity from the region. Alternative Investments Foreign issuers bring change to Japan's bond market practices News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37779/foreign-issuers-bring-change-to-japanamp039s-bond-market-practices I think issuers feel relieved as the pot helps to see a whole picture of bookbuilding and brings transparency. Alternative Investments Global funds expanding into massive Chinese investment market News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37780/global-funds-expanding-into-massive-chinese-investment-market You can no longer ignore China. Alternative Investments Templeton Global Growth Fund announces improved shareholder returns and continuing portfolio outperformance News Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37789/templeton-global-growth-fund-announces-improved-shareholder-returns-and-continuing-portfolio-outperformance NTA at 30 June 2017 was 148 cents, up from 128 cents for the previous year. Alternative Investments AMP Capital attracts more than US$1 billion from Asian investors as part of record infrastructure debt fundraise News Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37743/amp-capital-attracts-more-than-us1-billion-from-asian-investors-as-part-of-record-infrastructure-debt-fundraise IDF III has an investment period of four years. Alternative Investments AXA launches retirement financial program News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37745/axa-launches-retirement-financial-program This ensures that the client’s family is taken care of in the event of any unforeseen circumstances. Alternative Investments PE Panorama: Investor 101 as opposed to PE rocket science News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37746/pe-panorama-investor-101-as-opposed-to-pe-rocket-science First off, the Financial Times and a number of other news outlets picked up the report from data provider Pitchbook that cites over US$240 billion raised year-to-date in Europe and North America for PE and venture capital funds. Alternative Investments Japan courts overseas investors in sovereign bonds News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37747/japan-courts-overseas-investors-in-sovereign-bonds Face-to-face sessions jumped 87% last year in push for new buyers Alternative Investments Super fund Spaceship removes Atlassian’s Cannon-Brookes from ads News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37757/super-fund-spaceship-removes-atlassianamprsquos-cannon-brookes-from-ads It is understood the entrepreneur only recently invested his superannuation into the venture Alternative Investments Korean hedge fund house co-invests in $40 mn Florida building purchase News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37761/korean-hedge-fund-house-co-invests-in-40-mn-florida-building-purchase The rest of the cost, or $26 million, was borrowed from local financial institutions. Alternative Investments PNB in push to enhance global Islamic banking News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37680/pnb-in-push-to-enhance-global-islamic-banking We are hiring shariah experts to strengthen PNB shariah management Islamic Finance PNB looking to carve out 20% of Maybank shares into Islamic shares News Aggregation Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37664/pnb-looking-to-carve-out-20-of-maybank-shares-into-islamic-shares Who became PNB chairman a year ago, said that if the proposal was successful. Islamic Finance Bank Islam targets two million users for its first digital product News Aggregation Team Wednesday, August 02, 2017 12:00 am http://www.apbankers.net/article/37388/bank-islam-targets-two-million-users-for-its-first-digital-product As digital technology progressively enters the financial market, we see growing demand for fintech within the Islamic banking as well. Islamic Finance Malaysia's Lead in Shariah Funds News Aggregation Team Monday, July 24, 2017 12:00 am http://www.apbankers.net/article/37208/malaysiaamp039s-lead-in-shariah-funds Malaysia's lead is largely due to its government's support of expertise in regional and Shariah investments. Islamic Finance Malaysia in bid to lift Islamic finance News Aggregation Team Monday, July 17, 2017 12:00 am http://www.apbankers.net/article/37024/malaysia-in-bid-to-lift-islamic-finance MIA has a committee to encourage Malaysian accountants to upgrade their knowledge. Islamic Finance UOB plans to strengthen Islamic banking operations News Aggregation Team Monday, July 17, 2017 12:00 am http://www.apbankers.net/article/37025/uob-plans-to-strengthen-islamic-banking-operations The bank is identifying what areas it needs to build and develop should it decide to become a subsidiary in the future. Islamic Finance Maybank bags 20 awards News Aggregation Team Monday, July 17, 2017 12:00 am http://www.apbankers.net/article/37033/maybank-bags-20-awards The Bank which structured its first Shariah-compliant hotel financing deal in Singapore last year also won the in the category for Best Islamic Deal, Singapore award, it said. Islamic Finance Brunei's largest bank aims to raise up US$500m in Malaysia listing News Aggregation Team Tuesday, June 13, 2017 12:00 am http://www.apbankers.net/article/36353/bruneiamp039s-largest-bank-aims-to-raise-up-us500m-in-malaysia-listing IPO is expected to raise around US$300 million but the final amount will depend on the size of the greenshoe option. Islamic Finance Maybank Islamic named Islamic bank of the year for Asia Pacific, Malaysia News Aggregation Team Tuesday, June 13, 2017 12:00 am http://www.apbankers.net/article/36356/maybank-islamic-named-islamic-bank-of-the-year-for-asia-pacific-malaysia It noted that by total assets, total financing and total funding, including deposits and investment accounts, Maybank Islamic's dominance has translated into a strong set of financial results. Islamic Finance Panama JIT probe extends to almost entire Sharif family including the dead News Aggregation Team Sunday, June 11, 2017 12:00 am http://www.apbankers.net/article/36283/panama-jit-probe-extends-to-almost-entire-sharif-family-including-the-dead The only exception in the Sharif family as yet is of Shahbaz Sharif and his sons, who are still out of the JIT’s radar. However, the chief minister’s first wife’s financial matters are also under JIT’s scrutiny. Islamic Finance China's 'big four' banks raise billions for Belt and Road deals News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37788/chinaamp039s-amp039big-fouramp039-banks-raise-billions-for-belt-and-road-deals The people added CCB was raising cash onshore and offshore, and has already been running roadshows with investors. Investment Banking Singapore firm’s $150 mn fund to be invested in India, China News Aggregation Team Saturday, August 19, 2017 12:00 am http://www.apbankers.net/article/37734/singapore-firmamprsquos-150-mn-fund-to-be-invested-in-india-china Singapore-based investment banking and advisory firm Midas Investments Consulting has launched a $150 million fund. Investment Banking Westpac maintains position as No.1 Business Bank in Australia News Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37727/westpac-maintains-position-as-no1-business-bank-in-australia We’re constantly investing in, and developing our people, products and services to reduce our customer’s pain points Investment Banking Investment banks revive structured finance repack market News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37728/investment-banks-revive-structured-finance-repack-market The structured securities allow buyers to alter parts of the profiles of underlying bonds, by for example turning coupon payments into floating from fixed or switching returns into other currencies. Investment Banking BNP Paribas mulls over issuing DINFRA News Aggregation Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37663/bnp-paribas-mulls-over-issuing-dinfra It had received questions from several institutional investors about the mutual fund and its investment scheme. Investment Banking Japan's Biggest Bank Is Looking for Overseas Talent News Aggregation Team Thursday, August 10, 2017 12:00 am http://www.apbankers.net/article/37547/japanamp039s-biggest-bank-is-looking-for-overseas-talent They really want to make this a global bank. Investment Banking Mizuho Seeks $100 Billion From Overseas Transaction Banking News Aggregation Team Wednesday, August 09, 2017 12:00 am http://www.apbankers.net/article/37513/mizuho-seeks-100-billion-from-overseas-transaction-banking A report compiled by industry analytics firm Coalition Development Ltd. shows. Investment Banking SMBC dives into Australia's $1.5tn retirement savings pool News Aggregation Team Tuesday, August 08, 2017 12:00 am http://www.apbankers.net/article/37487/smbc-dives-into-australiaamp039s-15tn-retirement-savings-pool Japanese bank sees global asset management products as a strength Investment Banking Goldman Sachs to sell stake in pensions firm News Aggregation Team Monday, August 07, 2017 12:00 am http://www.apbankers.net/article/37448/goldman-sachs-to-sell-stake-in-pensions-firm The transaction is expected to value Rothesay at about $GBP2 billion, although that figure is not expected to be disclosed, according to a source close to one of the shareholders. Investment Banking Another Chinese bank heads for Europe News Aggregation Team Monday, August 07, 2017 12:00 am http://www.apbankers.net/article/37478/another-chinese-bank-heads-for-europe Uncertainties with the passporting rule have prompted many Chinese banks to consider adding offices inside EU countries Investment Banking Offshore banking’s 5 heavy hitters News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37767/offshore-bankingamprsquos-5-heavy-hitters The sun may have set on Britain’s geographical empire — but the outlook is still bright for its offshore banking sector. InvestmentView Global investors are cautious of China’s ‘One Belt, One Road’ News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37774/global-investors-are-cautious-of-chinaamprsquos-amplsquoone-belt-one-roadamprsquo The market has yet to discount the earnings boost the largest economic policy the world has ever seen will provide for key banks and insurers. InvestmentView Foreign investors now more realistic about M’sia News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37778/foreign-investors-now-more-realistic-about-mamprsquosia Malaysia was a darling of the investment community in the ’90s. InvestmentView India agrees to discuss its investment policy in Brics News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37782/india-agrees-to-discuss-its-investment-policy-in-brics It is opposed to discuss it in the WTO. InvestmentView Critical Debt Levels of Chinese Property Developers Threaten Domestic Financial Stability and Global Growth News Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37750/critical-debt-levels-of-chinese-property-developers-threaten-domestic-financial-stability-and-global-growth As China seeks to address vulnerabilities and weaknesses in its economy and financial system and undertake much-needed structural reform against the backdrop of more moderate rates of growth, InvestmentView Facing an inconvenient truth, Hong Kong’s monetary authority chooses to stay mum News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37764/facing-an-inconvenient-truth-hong-kongamprsquos-monetary-authority-chooses-to-stay-mum The anomaly is that spending per outbound tourist is now running at US$2,000 per trip InvestmentView Philippine central bank chief's debut rate call draws scrutiny News Aggregation Team Friday, August 11, 2017 12:00 am http://www.apbankers.net/article/37580/philippine-central-bank-chiefamp039s-debut-rate-call-draws-scrutiny Caution might be warranted. InvestmentView The way forward is digital, says UOB's Wee Ee Cheong News Aggregation Team Friday, August 11, 2017 12:00 am http://www.apbankers.net/article/37589/the-way-forward-is-digital-says-uobamp039s-wee-ee-cheong This growth presents immense opportunities for business, trade and investment, Mr Wee said. InvestmentView Commonwealth Bank's Simple Problem News Aggregation Team Thursday, August 10, 2017 12:00 am http://www.apbankers.net/article/37562/commonwealth-bankamp039s-simple-problem Commonwealth Bank of Australia looks like a shining testament to this hypothesis. InvestmentView Responsible investing: Going beyond philanthropy News Aggregation Team Thursday, August 10, 2017 12:00 am http://www.apbankers.net/article/37566/responsible-investing-going-beyond-philanthropy Impact investing has evolved from being a subset of socially responsible investing and environmental, social and governance investing, where the strategies go beyond avoiding sin stocks to focusing on positive outcomes for the environment or community. InvestmentView Malaysian, Indonesian companies in banking services joint venture News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37722/malaysian-indonesian-companies-in-banking-services-joint-venture The investments for this joint venture come mainly from internal funding and local fundraising with a total of US$18.5 million to be utilised over the next five years. Retail Banking BOC Hong Kong to launch mixed-asset fund amid bullish outlook on Chinese stocks and bonds News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37701/boc-hong-kong-to-launch-mixed-asset-fund-amid-bullish-outlook-on-chinese-stocks-and-bonds The new fund will be the first from the bank to trade through Bond Connect Retail Banking Bendigo Bank full-year cash profit rises 4.2pc News Aggregation Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37633/bendigo-bank-full-year-cash-profit-rises-42pc There is no doubt the industry is challenged on the trust front and on the trust front we come up well. Retail Banking ANZ Profit Up On Housing Fillip News Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37644/anz-profit-up-on-housing-fillip Post the end of the third quarter ANZ completed the sale of the Retail and Wealth businesses in China and Singapore to DBS with Hong Kong expected to complete prior to the end of the second-half. Retail Banking UAE's Union National Bank opens Shanghai branch News Aggregation Team Tuesday, August 15, 2017 12:00 am http://www.apbankers.net/article/37656/uaeamp039s-union-national-bank-opens-shanghai-branch The first bank from the UAE to do so. Retail Banking Myanmar’s KBZ Bank to ride Asean growth wave News Aggregation Team Monday, August 14, 2017 12:00 am http://www.apbankers.net/article/37621/myanmaramprsquos-kbz-bank-to-ride-asean-growth-wave We believe economic empowerment and education are key to further growth of the regional economy. Retail Banking ASB Bank profits top $1bn record News Aggregation Team Thursday, August 10, 2017 12:00 am http://www.apbankers.net/article/37540/asb-bank-profits-top-1bn-record The banking market was tight and competitive. Retail Banking Bank Central Asia named best Indonesian brand for the third year running News Aggregation Team Thursday, August 10, 2017 12:00 am http://www.apbankers.net/article/37557/bank-central-asia-named-best-indonesian-brand-for-the-third-year-running Its large network of branches enables it to be more connected with and relevant to consumers than its rivals. Retail Banking Commonwealth Bank rises on record FY cash profit News Team Wednesday, August 09, 2017 12:00 am http://www.apbankers.net/article/37525/commonwealth-bank-rises-on-record-fy-cash-profit The bank also declared a final dividend of A$2.30 per share for a full-year dividend of A$4.29, up 2 per cent from the 2016 financial year. Retail Banking Australia’s biggest bank flags sale of life insurance business News Aggregation Team Wednesday, August 09, 2017 12:00 am http://www.apbankers.net/article/37544/australiaamprsquos-biggest-bank-flags-sale-of-life-insurance-business The bank stressed that the discussions are ongoing and their outcome is uncertain. Retail Banking What next after Indonesia’s tax amnesty News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37751/what-next-after-indonesiaamprsquos-tax-amnesty Unfortunately, the tax system in Indonesia effectively rewards those who are not productive while punishing those who are Tax FDI from tax havens poses risks to economy News Aggregation Team Sunday, August 20, 2017 12:00 am http://www.apbankers.net/article/37736/fdi-from-tax-havens-poses-risks-to-economy The cash flow from tax havens is often risky, especially without adequate technical and tax barriers, say analysts. Tax On inheritance tax, net banking and retiring in Japan News Aggregation Team Sunday, August 20, 2017 12:00 am http://www.apbankers.net/article/37737/on-inheritance-tax-net-banking-and-retiring-in-japan The answer to the reader’s first question isn’t so cut and dried. Like so many things regarding Japanese bureaucracy, the best explanation is probably “It depends.” Tax Indian Income Tax department probe Amitabh’s offshore companies after Panama Papers News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37702/indian-income-tax-department-probe-amitabhamprsquos-offshore-companies-after-panama-papers Several film stars, politicians and businessmen were named in the Panama Papers leaks. Tax Fugitive’s trail exposes Red Bull co-owners’ offshore deals News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37700/fugitiveamprsquos-trail-exposes-red-bull-co-ownersamprsquo-offshore-deals Thai authorities revoked his passport and issued an arrest warrant, but say they don’t know where he is. Tax Foreign Investors Are Eyeing Luxury Aussie Real Estate News Aggregation Team Monday, August 14, 2017 12:00 am http://www.apbankers.net/article/37611/foreign-investors-are-eyeing-luxury-aussie-real-estate The rise in home prices will garner the most interest. Tax Banks now collecting information about non-resident customers to hand to tax authorities around the world News Team Thursday, August 10, 2017 12:00 am http://www.apbankers.net/article/37565/banks-now-collecting-information-about-non-resident-customers-to-hand-to-tax-authorities-around-the-world Australian residents with bank accounts overseas will need to ensure they are reporting the income from those accounts in their assessable income. Tax PH to sign tax pact with Brunei News Aggregation Team Wednesday, August 09, 2017 12:00 am http://www.apbankers.net/article/37526/ph-to-sign-tax-pact-with-brunei The preparation of documents for the negotiations of a DTA with Cambodia will start by yearend, while those for Laos and Myanmar will be calendared next year, Cabreros said. Tax NZ to strengthen tax agreements with India, San Marino News Team Wednesday, August 09, 2017 12:00 am http://www.apbankers.net/article/37533/nz-to-strengthen-tax-agreements-with-india-san-marino The new TIEA with San Marino allows that requirement to be implemented. Tax Swiss cite India's strong data security laws for auto-sharing banking info News Aggregation Team Monday, August 07, 2017 12:00 am http://www.apbankers.net/article/37451/swiss-cite-indiaamp039s-strong-data-security-laws-for-auto-sharing-banking-info The fact sheet and the notification, published in German, also talks about Switzerland looking to explore greater access to Indian market Tax How succession algorithm in India’s family-owned businesses are changing News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37768/how-succession-algorithm-in-indiaamprsquos-family-owned-businesses-are-changing Where families do not any longer see the need to have their children run the business. Comment, Analysis & Research Virtual info hub needed to deepen ASEAN capital markets News Aggregation Team Tuesday, August 22, 2017 12:00 am http://www.apbankers.net/article/37793/virtual-info-hub-needed-to-deepen-asean-capital-markets Nazir said enabling companies the access to the broadest range of capital providers would also provide a huge boost to the overall value proposition of being part of ASEAN. Comment, Analysis & Research Global Dividends soar to record heights News Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37752/global-dividends-soar-to-record-heights This was the fastest rate of growth since 2015, with new quarterly records in the US, Japan, Switzerland, Netherlands, Belgium, Indonesia, and South Korea. Comment, Analysis & Research Singapore lagging behind other cities in e-payment use: PM Lee News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37753/singapore-lagging-behind-other-cities-in-e-payment-use-pm-lee Payment can be made simply by picking up a phone and scanning a QR code. Comment, Analysis & Research Hong Kong’s strong wealth offsets slow population growth, says Stratton Street News Aggregation Team Monday, August 21, 2017 12:00 am http://www.apbankers.net/article/37760/hong-kongamprsquos-strong-wealth-offsets-slow-population-growth-says-stratton-street The fixed income specialist says the key is to invest in faster growth and wealthy countries, but to avoid indebted countries with shrinking populations Comment, Analysis & Research Tomorrow's Wealthy Women Eyed News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37711/tomorrowamp039s-wealthy-women-eyed A new study by GlobalData shows that of the more than 82,000 entrepreneurs in Australia, just 8.2 percent are women. Comment, Analysis & Research No shortage of IT jobs as global tech firms continue to hire News Aggregation Team Friday, August 18, 2017 12:00 am http://www.apbankers.net/article/37721/no-shortage-of-it-jobs-as-global-tech-firms-continue-to-hire The openings come as a relief for job seekers as many Indian IT companies are cutting their headcount. Comment, Analysis & Research Hong Kong bank label is a hangover from handover News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37675/hong-kong-bank-label-is-a-hangover-from-handover From Tony Latter, Harrogate, N Yorks, UK — Monday’s most read letter Comment, Analysis & Research Labuan has right ingredients for businesses to set up captive insurance units News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37682/labuan-has-right-ingredients-for-businesses-to-set-up-captive-insurance-units The availability of local captive infrastructure is also essential requirement for 75 per cent of respondents. Comment, Analysis & Research Elevating ESG: Can Asia rise to the challenge? News Aggregation Team Thursday, August 17, 2017 12:00 am http://www.apbankers.net/article/37687/elevating-esg-can-asia-rise-to-the-challenge But its investors are still largely in the dark when it comes to sustainable investing. Comment, Analysis & Research