The Asia Pacific Banking News Network http://www.apbankers.net/ Thu, 25 Aug 2016 02:37:52 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP UBS's Zeltner warns rivals of pitfalls in Asian growth push News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30836/ubsamp039s-zeltner-warns-rivals-of-pitfalls-in-asian-growth-push I would still not call Asia a home market. Wealth and Asset Management Goldman Sachs Asset Management in exclusive talks; Hershan to lead MBO News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30842/goldman-sachs-asset-management-in-exclusive-talks-hershan-to-lead-mbo An announcement is expected by the end of September. Wealth and Asset Management UK family office prunes bid for Sahara Hotels News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30809/uk-family-office-prunes-bid-for-sahara-hotels The family office had put in a $1.3 billion bid for the three hotels last month jointly with unidentified Saudi Arabian and UAE family offices, an offer that Sahara had said was below the market price. Wealth and Asset Management Asian Investment Trust Roars Back After a Number of Mistakes News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30601/asian-investment-trust-roars-back-after-a-number-of-mistakes Though the trust is headed by Adrian Lim, he is part of a big Asian investment team at Aberdeen Asset Management. Wealth and Asset Management Samsung Asset Management to set up two subsidiaries News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30730/samsung-asset-management-to-set-up-two-subsidiaries Samsung Asset Management is to establish two spinoff subsidiaries on Jan. 1. Wealth and Asset Management International private banks fight to manage assets of Asia’s wealthy News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30743/international-private-banks-fight-to-manage-assets-of-asiaamprsquos-wealthy The industry faces stiff challenges, with the largest players better positioned for long term survival Wealth and Asset Management Bandhan Bank plans to enter wealth management services News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30745/bandhan-bank-plans-to-enter-wealth-management-services Bandhan is also looking to recruit specialised staff for its proposed wealth management foray. Wealth and Asset Management Wealth managers to see hit on back of multiple market changes News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30759/wealth-managers-to-see-hit-on-back-of-multiple-market-changes Wealth managers can improve profitability by focussing on reducing costs and better managing clients. Wealth and Asset Management New Euroz linked fund eyes $500m News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30763/new-euroz-linked-fund-eyes-500m To fill out its new absolute return fund Wealth and Asset Management Northern Trust wins two NZ Super mandates News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30767/northern-trust-wins-two-nz-super-mandates Will distribute funds Northern Trust already invests Wealth and Asset Management TPG names Morgan Stanley PE exec to lead South Korea News Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30829/tpg-names-morgan-stanley-pe-exec-to-lead-south-korea TPG hired Sanghoon Lee as a partner responsible for leading the firm’s Asia investment activities in South Korea. Prior to TPG, Lee most recently worked as managing director and head of Korea for Morgan Stanley Private Equity. Executive Moves PGIM Real Estate names head of Asia Pacific investment research News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30830/pgim-real-estate-names-head-of-asia-pacific-investment-research Nguyen was head of Asia Pacific research and strategy for M&G Real Estate prior to joining PGIM. Executive Moves KKR Taps Ashish Shastry to Head Southeast Asia Operations News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30832/kkr-taps-ashish-shastry-to-head-southeast-asia-operations Global private-equity aim to increase presence in the region Executive Moves AMP appoints two directors News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30835/amp-appoints-two-directors This was largely driven by AMP Capital recording a 15% operating earnings boost. Executive Moves New CEO at Eastspring Singapore News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30837/new-ceo-at-eastspring-singapore Prior to joining Eastspring, Stockwell was the Chief Operating Officer at BT Investment Management in Australia Executive Moves India's Khaitan hires capital markets partner from K Law News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30843/indiaamp039s-khaitan-hires-capital-markets-partner-from-k-law He also advises on matters dealing with infrastructure, real estate, manufacturing and service sectors. Executive Moves JPMorgan Hires Ex-Hedge Fund Manager to Head Japan Stock Sales News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30847/jpmorgan-hires-ex-hedge-fund-manager-to-head-japan-stock-sales JPMorgan is seeking to boost its Japan stock business, and Ogawa is at least the fourth senior recruit by the U.S. bank Executive Moves Perpetual appoints Westpac vet as group executive News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30789/perpetual-appoints-westpac-vet-as-group-executive We have delivered a significant uplift and see further benefits for our clients and our business from investment in this area. Executive Moves Robeco appoints sales manager from Goldman Sachs News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30792/robeco-appoints-sales-manager-from-goldman-sachs He will support the company's Australian retail business and work with his Sydney-based counterpart, Matthew Young. Executive Moves Tamohara Investment Managers appointments new CEO & CIO News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30795/tamohara-investment-managers-appointments-new-ceo-ampamp-cio He is now a part of an organisation that is focused on driving the future of financial investments globally. Executive Moves Singapore Exchange to Consider Dual-Class Share Structures News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30845/singapore-exchange-to-consider-dual-class-share-structures Under the proposals, listing applicants will need to meet certain requirements for dual-class shares, said the people, who asked not to be named because the discussions are private. Legal, Regulation & Compliance Financial firms face reshuffle of top executives News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30853/financial-firms-face-reshuffle-of-top-executives The government is entitled to decide who will lead the bank. Legal, Regulation & Compliance Hong Kong’s Markets Regulator Fines Morgan Stanley $2.4 Million News Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30854/hong-kongamprsquos-markets-regulator-fines-morgan-stanley-24-million Under the resolution, the SFC reprimanded and fined MSHK $18.5 million for breaches of the Code of Conduct Legal, Regulation & Compliance Brooks welcomes settlement in two-year trust legal tussle News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30855/brooks-welcomes-settlement-in-two-year-trust-legal-tussle The dispute relates to Brooks’ 2012 purchase of Channel Island fund manager Spearpoint, which had invested around £30 million in zero dividend preference shares issued by Origo. Legal, Regulation & Compliance Singapore aims to change regulations to promote use of electronic payments News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30790/singapore-aims-to-change-regulations-to-promote-use-of-electronic-payments The report also recommends developing a new governance model and setting up a new national payments council. Legal, Regulation & Compliance No retail lending bubble in India, says SBI Chief Arundhati Bhattacharya News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30822/no-retail-lending-bubble-in-india-says-sbi-chief-arundhati-bhattacharya At a time when corporate credit demand has not picked up yet, banks are relying on retail lending to help grow their books. Legal, Regulation & Compliance Ogier advises on launch of AEW Value Investors Asia II Fund News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30825/ogier-advises-on-launch-of-aew-value-investors-asia-ii-fund Investors in the fund are primarily public and corporate pension plans and insurance companies based in both the US and Europe. Legal, Regulation & Compliance FSC asks banks to tighten overseas control after Mega Bank fine News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30739/fsc-asks-banks-to-tighten-overseas-control-after-mega-bank-fine The Department of Financial Service of New York State announced Friday that it has imposed a US$180 million fine on Mega Bank's New York branch. Legal, Regulation & Compliance Bank frauds: Limited liability for customers? News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30754/bank-frauds-limited-liability-for-customers If RBI's recommendations are finalised, it will give more teeth to the existing fair practice code Legal, Regulation & Compliance Taiwan Probes Leading Bank Linked To Panama Papers News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30760/taiwan-probes-leading-bank-linked-to-panama-papers The US Department of Financial Services said it had identified "suspicious transactions" between Mega International's New York and Panama Branches. Legal, Regulation & Compliance Singapore Wants to Boost Its Fintech Startups News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30846/singapore-wants-to-boost-its-fintech-startups Singapore is trying to encourage investment in financial technology to boost its role as a regional banking hub. FinTech Dion Global Solutions Delivers New Real Time Prices App For Chi-X News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30856/dion-global-solutions-delivers-new-real-time-prices-app-for-chi-x Chi-X is the only exchange in this country that gives them this and we’ve had strong positive feedback. FinTech Bank of Japan Set to Implement Fintech Across its Operations News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30819/bank-of-japan-set-to-implement-fintech-across-its-operations Financial Technology, or fintech as it is widely known, involves newly enabled technologies which companies make or use to make financial services more efficient. FinTech Standard Chartered Bank deployment of biometric technology expected to reach 5 million clients News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30787/standard-chartered-bank-deployment-of-biometric-technology-expected-to-reach-5-million-clients Clients will be access their bank account balances, cards and investments using touch login. FinTech Citibank debuts Malaysia's first Voice Biometrics technology News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30818/citibank-debuts-malaysiaamp039s-first-voice-biometrics-technology Our plan is to cover all 12 of Citigroup's consumer banking markets in APAC by 2017. FinTech Ripple blockchain powers payments for Japanese bank consortium News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30821/ripple-blockchain-powers-payments-for-japanese-bank-consortium SBI Ripple Asia is a joint venture formed in January this year between distributed ledger tech provider Ripple and Japanese financial services firm SBI Holdings. FinTech GBST reports earnings drop amid challenges News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30796/gbst-reports-earnings-drop-amid-challenges EBITDA decreased by 18 per cent from $24.5 million in the previous corresponding year to $20 million in the current year. FinTech ERI Newsletter Summer 2016 News Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30799/eri-newsletter-summer-2016 OLYMPIC Banking System OLYMPIC Banking System in Indonesia OLYMPIC Banking System is now playing an important role in one of the major brokerage firms in the Indonesian capital, Jakarta. FinTech Japanese bank consortium to build new payments network with SBI Ripple Asia News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30802/japanese-bank-consortium-to-build-new-payments-network-with-sbi-ripple-asia Promising round-the-clock real-time settlement FinTech Eight startups enter the Fintech Innovation Lab Asia-Pacific News Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30803/eight-startups-enter-the-fintech-innovation-lab-asia-pacific The FinTech Innovation Lab Asia-Pacific is a collaboration between Accenture and leading financial institutions. FinTech Hostile Raid on China's Biggest Developer Marks New Takeover Era News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30831/hostile-raid-on-chinaamp039s-biggest-developer-marks-new-takeover-era Expect an era of many more takeover bids -- hostile or not -- to begin. In fact, it’s already starting. Alternative Investments Henderson Global Investors launches new fund News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30834/henderson-global-investors-launches-new-fund Henderson Global Investors has announced the launch of a new emerging markets fund open to Australian retail and institutional investors. Alternative Investments Gold, gemstones pile up in Singapore vault in quest for haven News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30838/gold-gemstones-pile-up-in-singapore-vault-in-quest-for-haven Revenue has grown at least 45 percent in 2016 from a year earlier, he said in an interview last week. Alternative Investments Waldorf Astoria owner Anbang plans Hong Kong IPO of life insurance unit: sources News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30844/waldorf-astoria-owner-anbang-plans-hong-kong-ipo-of-life-insurance-unit-sources Chinese financial magazine Caixin reported in March that China's insurance regulator was likely to reject Anbang's bid for Starwood as it would put the insurer's offshore assets above a 15 percent threshold for overseas investments. Alternative Investments Cheung Kong puts The Center up for sale as Li Ka-shing trims Hong Kong assets News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30848/cheung-kong-puts-the-center-up-for-sale-as-li-ka-shing-trims-hong-kong-assets At that price, The Center will be Hong Kong’s most expensive real estate transaction. Alternative Investments ClearView Wealth posts 89pc jump in annual profit driven by life insurance unit News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30852/clearview-wealth-posts-89pc-jump-in-annual-profit-driven-by-life-insurance-unit The company raised its final dividend by 19 per cent to 2.5¢, fully franked. Alternative Investments The sands of opportunity News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30814/the-sands-of-opportunity Listed on the London Stock Exchange’s Alternative Investment Market (AIM) Sierra Rutile has significant mineral sands mining operations in Sierra Leone Alternative Investments LGT Capital Partners: Alternatives set for continued rise in Asia News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30820/lgt-capital-partners-alternatives-set-for-continued-rise-in-asia More flows are likely into insurance­linked strategies, private equity and trend­following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Alternative Investments Allianz Announces Bancassurance Agreement with Maybank in Indonesia News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30806/allianz-announces-bancassurance-agreement-with-maybank-in-indonesia Three new life insurance products exclusively for Maybank customers Alternative Investments Chinese bank to set up South Asian branch in Sri Lanka: PM News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30817/chinese-bank-to-set-up-south-asian-branch-in-sri-lanka-pm “We expect to have discussions about the proposal with China.” Alternative Investments RHB commercial bank in Indonesia likely News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30773/rhb-commercial-bank-in-indonesia-likely This comes following recent agreement between 2 nations Islamic Finance Islamic finance body IILM auctions first four-month sukuk News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30704/islamic-finance-body-iilm-auctions-first-four-month-sukuk The IILM sold the four-month sukuk at a profit rate of 1.37389 percent, attracting 17 bids worth a combined $1.3 billion, the Malaysian central bank's website showed. Islamic Finance Asian managers vie for US$11.5 trillion Islamic wealth pool News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30714/asian-managers-vie-for-us115-trillion-islamic-wealth-pool But Asian managers are not slowing down in their bids to carve out their own niches. Islamic Finance Maldives spearheads growth of Islamic finance in South Asia News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30645/maldives-spearheads-growth-of-islamic-finance-in-south-asia The share of Shariah-compliant financial assets were already at around 5% of total assets by the end of last year, and increasing. Islamic Finance World Sukuk Market Growing at 8.51% CAGR to 2020 News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30667/world-sukuk-market-growing-at-851-cagr-to-2020 The analysts forecast global sukuk market to grow at a CAGR of 8.51% during the period 2016-2020. Islamic Finance Re-energising Islamic finance talent News Aggregation Team Tuesday, August 16, 2016 12:00 am http://www.apbankers.net/article/30621/re-energising-islamic-finance-talent The EM, which is jointly developed by BNM in collaboration with ISRA and IBFIM, is an inaugural initiative by the central bank to publish its syariah standards and practical operational standards as teaching materials for students, which include practical Islamic Finance Indonesia looks to Islamic finance for infrastructure needs News Aggregation Team Monday, August 15, 2016 12:00 am http://www.apbankers.net/article/30591/indonesia-looks-to-islamic-finance-for-infrastructure-needs According to the country's recently appointed finance minister. Islamic Finance BTMU to offer Islamic securitization products in Malaysia News Aggregation Team Friday, August 12, 2016 12:00 am http://www.apbankers.net/article/30535/btmu-to-offer-islamic-securitization-products-in-malaysia The Mitsubishi UFJ Financial Group unit's program, one of the largest of its kind, amounts to 500 billion yen. Islamic Finance Malaysia and Indonesia join forces to develop Islamic capital market News Aggregation Team Wednesday, August 10, 2016 12:00 am http://www.apbankers.net/article/30472/malaysia-and-indonesia-join-forces-to-develop-islamic-capital-market One option for Malaysia to provide more Islamic finance products is the Islamic wealth management industry. Islamic Finance Africa, China banks sign $1bn deal News Aggregation Team Friday, August 05, 2016 12:00 am http://www.apbankers.net/article/30394/africa-china-banks-sign-1bn-deal Afreximbank president Dr Benedict Oramah and his Export­Import Bank of China counterpart Mr Lui Liang signed the co­operation agreement during Afreximbank’s shareholders 23rd annual general meeting in the Seychelles last week. Islamic Finance Economy in brief: Bank Windu, Bank Anda announce merger plans News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30840/economy-in-brief-bank-windu-bank-anda-announce-merger-plans The merger is expected to occur on Oct. 31, subject to approval by the Financial Services Authority and the Law and Human Rights Ministry. Investment Banking Industry super fund selects J.P. Morgan for custody News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30798/industry-super-fund-selects-jp-morgan-for-custody The bank's user friendly technology, which is expected to deliver immediate benefits to the fund, also played a role in the decision. Investment Banking Nomura to beef up US investment bank team News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30813/nomura-to-beef-up-us-investment-bank-team The firm anticipates rising volumes of mergers and stock offerings in the US, said chief operating officer Tetsu Ozaki, who is seeking bank execs to cover industries that include technology, consumer and pharmaceuticals. Investment Banking BTMU, Hitachi test new check processing system in Singapore News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30748/btmu-hitachi-test-new-check-processing-system-in-singapore The Mitsubishi UFJ Financial Group unit and Hitachi have already built a prototype that they plan to use in full-fledged trials beginning as soon as Monday. Investment Banking Japan’s Mizuho joins Malaysia’s MayBank to expand Asia equities News Aggregation Team Sunday, August 21, 2016 12:00 am http://www.apbankers.net/article/30729/japanamprsquos-mizuho-joins-malaysiaamprsquos-maybank-to-expand-asia-equities “MayBank Kim Eng, on the other hand, will be able to leverage Mizuho’s strong franchise in the Japanese domestic market,” they added. Investment Banking NAB collects tidy profit in China shadow banking sell-down News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30727/nab-collects-tidy-profit-in-china-shadow-banking-sell-down The stake was purchased by the government-owned Fujian Energy Group, according to an announcement made by the trust's major shareholder, China Industrial Bank. Investment Banking BDO global ranking up; 10 other PH banks in top 1,000 News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30687/bdo-global-ranking-up-10-other-ph-banks-in-top-1000 The same list showed BDO keeping its bragging right as the leading bank in the Philippines based on the metrics used by The Banker: Strength, size, healthy earnings and stable performanc Investment Banking Australian Banks Raise Most in Bond Sales Since 2012 News Aggregation Team Wednesday, August 17, 2016 12:00 am http://www.apbankers.net/article/30616/australian-banks-raise-most-in-bond-sales-since-2012 Unprecedented monetary easing from Japan to Europe has helped to drag down bond yields globally and spurred investor appetite for the premium offered by debentures from lenders such as Commonwealth Bank, National Australia Bank Ltd., Westpac Banking Corp. Investment Banking NAB 3Q profit hit by bad and doubtful debt News Aggregation Team Tuesday, August 16, 2016 12:00 am http://www.apbankers.net/article/30615/nab-3q-profit-hit-by-bad-and-doubtful-debt NAB's unaudited cash profit for the June quarter was $1.6 billion, with bad and doubtful debt charges rising 21 per cent to $228 million. Investment Banking Japan Post Bank to bring back transfer fees News Aggregation Team Tuesday, August 16, 2016 12:00 am http://www.apbankers.net/article/30608/japan-post-bank-to-bring-back-transfer-fees The bank will allow three free transfers per month, with users required to pay 123 yen ($1.22) per transfer thereafter. Investment Banking Why the days of Western banks in Asia are clearly numbered News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30801/why-the-days-of-western-banks-in-asia-are-clearly-numbered N. Balakrishnan says the rising might of Eastern rivals and their own eroded reputations indicate that Western lenders, often guilty of bad choices, may become just a historical footnote within a generation InvestmentView The rise of the robot by Jungkiu (ìµì ê· å´æ¸å­) Choi News Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30734/the-rise-of-the-robot-by-jungkiu-igravemicroigravenbspecircmiddot-aringacuteaeligcedilaringshy-choi Traditionally, private bankers and wealth managers would have access to a large amount of financial and economic data. InvestmentView India – Modi Magic, the GST Game Changer by Andrew Holland, CEO, Ambit Investment Advisors , Simon Down, Senior Portfolio Manager News Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30661/india-ampndash-modi-magic-the-gst-game-changer-by-andrew-holland-ceo-ambit-investment-advisors-simon-down-senior-portfolio-manager After a slow start to the year, India has experienced a flurry of activity in recent months. A new central bank governor and progress on a number of critical reforms has provided a boost to Prime Minister Modi and sets the base for the start of campaignin InvestmentView Australian economic outlook – Jeremy Lawson commentary News Team Monday, August 08, 2016 12:00 am http://www.apbankers.net/article/30427/australian-economic-outlook-ampndash-jeremy-lawson-commentary Although better global growth and asset price returns are undoubtedly welcome, it is hard to argue that all is well with the world. InvestmentView Investing in Japan – Thematic investments in light of the Pokémon Go craze - BLI News Team Friday, August 05, 2016 12:00 am http://www.apbankers.net/article/30389/investing-in-japan-ampndash-thematic-investments-in-light-of-the-pokampeacutemon-go-craze-bli Unless you’ve been living under a rock during the past few weeks, you must have heard about the Pokémon Go phenomenon that has taken the world’s attention by storm. InvestmentView Success In The Asset Management Industry Is Not Gender Specific, Says UBS Official News Aggregation Team Tuesday, July 26, 2016 12:00 am http://www.apbankers.net/article/30176/success-in-the-asset-management-industry-is-not-gender-specific-says-ubs-official An expectant mother of six months, Huang, in an elegant black dress, arrived at UBS’s office on the 52nd floor of the International Financial Centre in the morning for a meeting, before setting off couple of hours later to the airport for a flight b InvestmentView Cmo Interview: Bringing Digital Transformation To Wealth Management News Aggregation Team Tuesday, July 26, 2016 12:00 am http://www.apbankers.net/article/30186/cmo-interview-bringing-digital-transformation-to-wealth-management But just as automation and online servicing have reinvented stock broking and other services in the greater wealth management sector, traditional advisors are also turning increasingly to digital tools to boost their service offerings. InvestmentView Phew, what a summer! by Justin Urquhart Stewart Justin Urquhart Stewart Monday, July 25, 2016 12:00 am http://www.apbankers.net/article/30122/phew-what-a-summer-by-justin-urquhart-stewart From failed military coups, suspicious or otherwise, to political leaders changing, or not in Labour's case, and the economic uncertainty that results from Brexit. InvestmentView Bitcoin and China's endless chain of bubbles News Aggregation Team Wednesday, July 13, 2016 12:00 am http://www.apbankers.net/article/29914/bitcoin-and-chinaamp039s-endless-chain-of-bubbles It is under these circumstances that China has emerged as a global center of bitcoin trading InvestmentView Brexit's Impact on Asia by May Tung, DHR International News Team Thursday, June 30, 2016 12:00 am http://www.apbankers.net/article/29634/brexitamp039s-impact-on-asia-by-may-tung-dhr-international There is still much confusion and no small amount of unknowns as to how the future will unfold, exacerbated by the Prime Minister David Cameron’s resignation hours after the historic referendum, leaving the UK facing a tumultuous and uncertain polit InvestmentView China Imposes Caps on P2P Loans to Curb Shadow-Banking Risks News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30849/china-imposes-caps-on-p2p-loans-to-curb-shadow-banking-risks Corporate borrowers are capped at five times those levels. Retail Banking Bank of East Asia Profit Drops 38% as China Drags on Lending News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30738/bank-of-east-asia-profit-drops-38-as-china-drags-on-lending Impairment losses on loans climbed 60 percent to HK$1.24 billion as profit at its China business slumped 56 percent. Retail Banking China’s regional banks make progress on resolving bad debt problems News Aggregation Team Sunday, August 21, 2016 12:00 am http://www.apbankers.net/article/30744/chinaamprsquos-regional-banks-make-progress-on-resolving-bad-debt-problems As well as the benefits of increased stability from injecting capital and reducing the amount of non performing loans on a bank’s books, the opportunity to list offers a further potentially lucrative incentive. Retail Banking China’s Secret Lists of Zombie Borrowers Leave Banks in the Dark News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30724/chinaamprsquos-secret-lists-of-zombie-borrowers-leave-banks-in-the-dark Only, neither Ni nor his competitors in Jiangxi are allowed to know who they are. Retail Banking IDFC Bank partners Backbase for customer experience and digital banking News Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30690/idfc-bank-partners-backbase-for-customer-experience-and-digital-banking The Backbase Customer Experience Platform helps create and manage rich, interactive web portals and mobile applications and can run on any mobile operating system out-of-the-box. Retail Banking SBI board okays merger of 5 associate banks, BMBL News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30706/sbi-board-okays-merger-of-5-associate-banks-bmbl The bank later announced that the board has also approved separate schemes of acquisition of State Bank of Patiala and State Bank of Hyderabad with SBI. Retail Banking NAB wins Blue Ribbon Bank of the Year for fourth consecutive year in 2016 News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30716/nab-wins-blue-ribbon-bank-of-the-year-for-fourth-consecutive-year-in-2016 The results delivered a comfortable win for NAB and a fourth consecutive Bank of the Year title. Retail Banking China’s ICBC boosts Saudi lending with $600mn Zain facility News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30646/chinaamprsquos-icbc-boosts-saudi-lending-with-600mn-zain-facility The two-year dollar loan, which may be extended by another year, will cut costs by about 175mn riyals over the full period. Retail Banking ANZ reviews Asian retail banking operations - senior exec News Aggregation Team Monday, August 15, 2016 12:00 am http://www.apbankers.net/article/30589/anz-reviews-asian-retail-banking-operations-senior-exec Investors have long lamented ANZ's Asia push, citing the bank's struggle to generate steady returns. Retail Banking CBA full-year profit rises 3 per cent to $9.45 billion News Aggregation Team Wednesday, August 10, 2016 12:00 am http://www.apbankers.net/article/30480/cba-full-year-profit-rises-3-per-cent-to-945-billion Its retail and business banking arm was the biggest source of earnings, with profits up 11 per cent in this division, at $4.4 billion. Retail Banking India-Singapore tax treaty: Mauritius-like amendment expected News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30857/india-singapore-tax-treaty-mauritius-like-amendment-expected The bilateral tax treaty helps in avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. Tax Singapore inks bilateral agreements with Ethiopia, Mozambique and Nigeria News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30858/singapore-inks-bilateral-agreements-with-ethiopia-mozambique-and-nigeria Singapore's Minister for Trade and Industry (Industry) S Iswaran signed an avoidance of double taxation agreement with Ethiopia Tax The next phase of Australia's diminishing tax base? Losing billions in revenue to China and India News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30811/the-next-phase-of-australiaamp039s-diminishing-tax-base-losing-billions-in-revenue-to-china-and-india Disputes between revenue authorities have been a feature of the global tax system for more than 100 years. Tax Top corporate players sign up for voluntary tax code News Aggregation Team Sunday, August 21, 2016 12:00 am http://www.apbankers.net/article/30746/top-corporate-players-sign-up-for-voluntary-tax-code Notably the list includes ­mining giants Rio Tinto and BHP Billiton, which have just faced a fresh Australian Taxation Office crackdown on their sales hubs in Singapore, through which they ­funnel billions of dollars. Tax Jokowi amnesty favors tax cheats and punishes payers, OECD says News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30718/jokowi-amnesty-favors-tax-cheats-and-punishes-payers-oecd-says Under the amnesty, tax-avoiding individuals and companies would pay between just 2 per cent and 10 per cent in penalties, or around a third of what they should be. Tax Investigations against Indians named in Panama Papers’ expose at ‘preliminary stage’ News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30651/investigations-against-indians-named-in-panama-papersamprsquo-expose-at-amplsquopreliminary-stageamprsquo This group consisted of the officers of investigation division of the Central Board of Direct Taxes. Tax Tax laws protect most Panama Papers’ names from action News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30672/tax-laws-protect-most-panama-papersamprsquo-names-from-action Tax declarations of income tax filers are time barred and could not be opened beyond last five years. Tax Indonesia’s tax amnesty shows slow progress in first month News Aggregation Team Thursday, August 18, 2016 12:00 am http://www.apbankers.net/article/30701/indonesiaamprsquos-tax-amnesty-shows-slow-progress-in-first-month In addition, the government hopes that more than US$70 billion of assets overseas will return home under the amnesty. Tax Australia Reviewing Offshore Marketing Hub Arrangements News Aggregation Team Tuesday, August 16, 2016 12:00 am http://www.apbankers.net/article/30619/australia-reviewing-offshore-marketing-hub-arrangements The ATO said that these arrangements can give rise to significant profit shifting issues for the Australian entities involved. Tax Jakarta plans tax haven on two islands near Singapore News Aggregation Team Monday, August 15, 2016 12:00 am http://www.apbankers.net/article/30573/jakarta-plans-tax-haven-on-two-islands-near-singapore Bintan, Rempang earmarked to draw funds that may otherwise be kept outside Indonesia, says senior minister Tax Fund managers with wealthy backgrounds perform the worst News Aggregation Team Wednesday, August 31, 2016 12:00 am http://www.apbankers.net/article/30859/fund-managers-with-wealthy-backgrounds-perform-the-worst The analysis also found managers from families in the bottom quartile of wealth needed to demonstrate annual returns 6.6 percentage points a year higher to stand as likely a chance of promotion as their higher status peers from the 75th percentile. Comment, Analysis & Research Foreign investors and entrepreneurs flock to set up shop in Singapore News Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30839/foreign-investors-and-entrepreneurs-flock-to-set-up-shop-in-singapore A 2% increase on Q1 2016, when the trend was first noted, the growth is a strong endorsement of Singapore as a regional business hub. Comment, Analysis & Research UBS report highlights series of concerns over Chinese economy News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30841/ubs-report-highlights-series-of-concerns-over-chinese-economy Momentum of translating property sales and new starts into active investment or construction activity remains limited Comment, Analysis & Research How Family Businesses Can Become Impact Investors News Aggregation Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30850/how-family-businesses-can-become-impact-investors But it’s not always clear where the opportunities are or how family businesses can access them. Comment, Analysis & Research Emerging Markets: faster, higher, stronger? News Team Wednesday, August 24, 2016 12:00 am http://www.apbankers.net/article/30851/emerging-markets-faster-higher-stronger High frequency data suggests a recovery of sorts in Brazil, though it will still be a few quarters before we see positive growth. Comment, Analysis & Research China Association of Auctioneers Report Shows Slowdown Continues as Overseas Markets Gather Steam News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30815/china-association-of-auctioneers-report-shows-slowdown-continues-as-overseas-markets-gather-steam The collaborative artnet/CAA report is the only detailed analysis available on auctions in mainland China Comment, Analysis & Research Economic execs pitch budget to lawmakers News Aggregation Team Tuesday, August 23, 2016 12:00 am http://www.apbankers.net/article/30828/economic-execs-pitch-budget-to-lawmakers Our country has gained significant economic improvements in the past years. Comment, Analysis & Research Happy days may soon be over for China’s real estate companies News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30733/happy-days-may-soon-be-over-for-chinaamprsquos-real-estate-companies Purchase restrictions in some second-tier cities are an indication that government wants to rein in sector, says Bank of America Merrill Lynch Comment, Analysis & Research Mark Lister: The ethical investment dilemma News Aggregation Team Monday, August 22, 2016 12:00 am http://www.apbankers.net/article/30736/mark-lister-the-ethical-investment-dilemma There are very few businesses anywhere that will come through a socially responsible evaluation process with a faultless record. Comment, Analysis & Research India’s Junk Bonds Seen Adding to 20% Gains as Funds Back Modi News Aggregation Team Friday, August 19, 2016 12:00 am http://www.apbankers.net/article/30728/indiaamprsquos-junk-bonds-seen-adding-to-20-gains-as-funds-back-modi "Within high-yield in Asia, India still offers pretty decent opportunities compared to China," said Dhiraj Bajaj Comment, Analysis & Research