The Asia Pacific Banking News Network http://www.apbankers.net/ Sat, 25 May 2013 16:16:58 PHT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Private banks to outshine state-run peers: brokerage News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8043/private-banks-to-outshine-state-run-peers-brokerage BEST OF BANKING BUNCH:JPMorgan Securities cited Chinatrust Financial Holding Co and E.Sun Financial Holding Co as its leading picks among private banks Wealth, Asset Management & Private Banking RBS launches real estate services for HNIs News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8044/rbs-launches-real-estate-services-for-hnis Investors are looking beyond purchase of premium homes Wealth, Asset Management & Private Banking Bendigo Wealth launches new low-risk income fund News Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8053/bendigo-wealth-launches-new-low-risk-income-fund Bendigo Wealth has launched the Sandhurst Strategic Income Fund for risk-averse investors Wealth, Asset Management & Private Banking Netwealth's advice group moves advice ops News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8054/netwealthamp039s-advice-group-moves-advice-ops Wealth management group netwealth's advice group has moved its operations on the back of an announcement earlier this month Wealth, Asset Management & Private Banking Standard Chartered Taps Asean’s Rich for Growth: Southeast Asia News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8074/standard-chartered-taps-aseanamprsquos-rich-for-growth-southeast-asia STAN is “very positive about Asean as a whole, Wealth, Asset Management & Private Banking Family offices to benefit from wealth management growth News Aggregation Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8039/family-offices-to-benefit-from-wealth-management-growth Wealth management continues to perform well globally Wealth, Asset Management & Private Banking Rothschild credit fund soft-closes after solid family office inflows News Aggregation Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8042/rothschild-credit-fund-soft-closes-after-solid-family-office-inflows The fund is also looking at acquiring existing loans in the secondary market Wealth, Asset Management & Private Banking LGBT wealth management market worth $3trn News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8018/lgbt-wealth-management-market-worth-3trn His comments, and the wider debate around gay marriage, highlight the need for advisers with specific skills in understanding the financial and legal needs of same sex couples. Wealth, Asset Management & Private Banking National Australia Bank introduces new private wealth brand in Asia News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8027/national-australia-bank-introduces-new-private-wealth-brand-in-asia The introduction of the NAB Private Wealth brand in Asia is aimed at aligning the bank’s brand image Wealth, Asset Management & Private Banking Chinese Banks Offered Fewer Wealth Management Products In Response To Recent Regulation News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8036/chinese-banks-offered-fewer-wealth-management-products-in-response-to-recent-regulation China has limited the investment of wealth management products in nonstandard assets Wealth, Asset Management & Private Banking ICICI Bank top management gets another five years till 2019 News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8052/icici-bank-top-management-gets-another-five-years-till-2019 The country’s largest private lender, has re-appointed its entire top management team for five more years till 2019. On The Move Bravura appoints head of pre-sales News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8056/bravura-appoints-head-of-pre-sales Bravura Solutions has appointed Darrell Prins head of Pre-Sales in the Asia Pacific region. On The Move ICBC names new president News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8068/icbc-names-new-president The new president faces challenges to lead the bank On The Move Henderson appoints new director of property George Bull Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8075/henderson-appoints-new-director-of-property He's been hired to spearhead the development of the group's investment management franchise in China for both domestic and international investors On The Move Lazard Appoints new CEO for Asia Pacific News Aggregation Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8040/lazard-appoints-new-ceo-for-asia-pacific He will be responsible for the day-to-day management of Lazard's Australian and New Zealand business. On The Move Nomura Strengthens Global Markets Americas Sales with Senior Hires News Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8049/nomura-strengthens-global-markets-americas-sales-with-senior-hires Asia’s global investment bank announced the appointment of Tom Haskins as a Managing Director and Head of Foreign Exchange Sales Americas, and Eric Miller as a Managing Director and Head of Interest Rates Sales Americas. On The Move King & Wood Mallesons’ Australia Head Steps Down News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8013/king-ampamp-wood-mallesonsamprsquo-australia-head-steps-down The managing partner had been with the firm for 13 years. On The Move PIMCO Australia chief executive hangs up his boots News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8019/pimco-australia-chief-executive-hangs-up-his-boots "I wouldn't say I'm retiring. Retirement is a very strong word," he said. On The Move RBS appoints new executive chairman for Asia-Pacific News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8007/rbs-appoints-new-executive-chairman-for-asia-pacific Royal Bank of Scotland on Monday announced a new chairman for Asia, the latest in a series of high-level executive changes at the British government-owned lender. On The Move Willis in Asia Investment-Banking Push News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8015/willis-in-asia-investment-banking-push The hire “underscores our commitment to becoming a major player in the insurance investment-banking arena in Asia,” Ursano said in the statement. On The Move Appleby Reports Offshore M&A Activity for Q1 2013 News Team Thursday, May 16, 2013 12:00 am http://www.apbankers.net/article/7963/appleby-reports-offshore-mampampa-activity-for-q1-2013 Offshore market performs robustly on international stage despite lacklustre quarter as global economy continues to present challenges Offshore BVI tax haven picks Hong Kong for drive into Asia News Aggregation Team Thursday, May 16, 2013 12:00 am http://www.apbankers.net/article/7972/bvi-tax-haven-picks-hong-kong-for-drive-into-asia British Virgin Islands gets city's help in opening Asia-Pacific HQ to deal with central banks and regulators from Singapore to Japan Offshore Labuan FSA inks collaborative MoU with UMS News Aggregation Team Thursday, May 16, 2013 12:00 am http://www.apbankers.net/article/7973/labuan-fsa-inks-collaborative-mou-with-ums To established to spearhead and coordinate the government’s effort to promote and develop Labuan into an international business and financial centre Offshore HMRC in offshore tax evasion crackdown after receiving fresh data News Aggregation Team Thursday, May 09, 2013 12:00 am http://www.apbankers.net/article/7912/hmrc-in-offshore-tax-evasion-crackdown-after-receiving-fresh-data It is understood to be the biggest tranche of information ever received by HMRC Offshore JTC Group and Kensington Trust Group create strategic alliance News Team Thursday, May 02, 2013 12:00 am http://www.apbankers.net/article/7837/jtc-group-and-kensington-trust-group-create-strategic-alliance The trust group are delighted to announce a strategic alliance Offshore Chinese Ambassador pledges to work with Guernsey News Team Tuesday, April 30, 2013 12:00 am http://www.apbankers.net/article/7797/chinese-ambassador-pledges-to-work-with-guernsey The Chinese ambassador to the UK has pledged to work with Guernsey on a range of initiatives which could be of mutual benefit to the two jurisdictions. Offshore Guernsey concludes Double Taxation Agreement with Hong Kong News Team Tuesday, April 23, 2013 12:00 am http://www.apbankers.net/article/7725/guernsey-concludes-double-taxation-agreement-with-hong-kong The DTA was signed for Guernsey by the Chief Minister, Offshore Jersey maintains momentum in India News Team Monday, April 22, 2013 12:00 am http://www.apbankers.net/article/7699/jersey-maintains-momentum-in-india A meeting with UK Trade and Investment India (UKTI) helped underline Jersey’s ambitions in India and re-affirmed Jersey’s strong links with London. Offshore G20 could step up fight against tax evasion News Aggregation Team Friday, April 19, 2013 12:00 am http://www.apbankers.net/article/7686/g20-could-step-up-fight-against-tax-evasion The Group of 20 leading economies could step up the battle against tax evasion using offshore accounts in its meetings Thursday and Friday, officials said. Offshore Jersey-China relations strengthened at significant business conference News Aggregation Team Tuesday, March 19, 2013 12:00 am http://www.apbankers.net/article/7350/jersey-china-relations-strengthened-at-significant-business-conference The conference is one of the key British-China business platforms taking place this year. Offshore Indonesia financial regulator expects new banking law completed in 2014 News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8062/indonesia-financial-regulator-expects-new-banking-law-completed-in-2014 The draft law would need to be approved by parliament and then by the president. Legal, Regulation, Risk & Compliance UBS Securities fined in Hong Kong News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8047/ubs-securities-fined-in-hong-kong The disciplinary action followed an investigation into UBS holding Legal, Regulation, Risk & Compliance Ex-Lonsec MD convicted of insider trading News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8055/ex-lonsec-md-convicted-of-insider-trading Norman John Graham, a former managing director of stockbroking firm Lonsec, was convicted of insider trading at the County Court of Victoria on Wednesday Legal, Regulation, Risk & Compliance India fails to make much headway for its banks: professionals at CECA News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8069/india-fails-to-make-much-headway-for-its-banks-professionals-at-ceca The qualifying standard in the form of Asset Management Ratio is higher for Indian Banks Legal, Regulation, Risk & Compliance Fund manager accused of insider trading News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8070/fund-manager-accused-of-insider-trading Former fund manager Li Xuli went on trial accused of insider trading at Shanghai Higher People’s Court Legal, Regulation, Risk & Compliance Dominion Finance boss jailed News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8072/dominion-finance-boss-jailed He is the first chief executive, in the recent finance company trials before the court, to be convicted Legal, Regulation, Risk & Compliance White & Case Advises on High Yield Bond Issuance by PT MNC Investama Tbk News Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8035/white-ampamp-case-advises-on-high-yield-bond-issuance-by-pt-mnc-investama-tbk White & Case also advised Deutsche Bank on a related bank financing provided to the company. Legal, Regulation, Risk & Compliance Indian Bank’s ex-chief gets 1 year jail for cheating News Aggregation Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8059/indian-bankamprsquos-ex-chief-gets-1-year-jail-for-cheating A CBI special court sentenced M. Gopalakrishnan, former chairman-cum-managing director of Indian Bank Legal, Regulation, Risk & Compliance Chinese Communist Party Expels Former Agricultural Bank Executive -Xinhua News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8016/chinese-communist-party-expels-former-agricultural-bank-executive-xinhua He has been expelled from the Chinese Communist Party for taking bribes Legal, Regulation, Risk & Compliance New Zealand central bank gets new powers News Aggregation Team Friday, May 17, 2013 12:00 am http://www.apbankers.net/article/7983/new-zealand-central-bank-gets-new-powers The central bank can in future require banks to hold more capital on their balance sheets Legal, Regulation, Risk & Compliance DST’s Anova Wins 2013 FTF News Innovation Award for “Best Middle Office Solution” News Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8051/dstamprsquos-anova-wins-2013-ftf-news-innovation-award-for-ampldquobest-middle-office-solutionamprdquo Product Suite Recognised for Enhancing Investment Data Management, Process Efficiency, and Transparency Banking Technology Compliance, market changes increase demand on buy side trading technology, report says News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8021/compliance-market-changes-increase-demand-on-buy-side-trading-technology-report-says A growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure Banking Technology Rubik signs agreement to purchase Visor Desktop from Macquarie News Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8030/rubik-signs-agreement-to-purchase-visor-desktop-from-macquarie This is the third acquisition for Rubik in the wealth management space Banking Technology Supercomputer joins ANZ’s wealth team News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8037/supercomputer-joins-anzamprsquos-wealth-team This means it can work as a virtual customer services assistant Banking Technology Thailand’s SCB Asset Management Selects Charles River IMS and Integrated FIX Network News Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8041/thailandamprsquos-scb-asset-management-selects-charles-river-ims-and-integrated-fix-network SCB Asset Management Company Limited has selected the Charles River Investment Management Solution Version 9 Banking Technology AAM Advisory deploys XPLAN as core advice platform News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8029/aam-advisory-deploys-xplan-as-core-advice-platform An immediate benefit has been the automation of manual tasks that has translated to business efficiency across our group Banking Technology Nepal Rastra Bank goes live on the OLYMPIC Banking System News Team Thursday, May 16, 2013 12:00 am http://www.apbankers.net/article/7961/nepal-rastra-bank-goes-live-on-the-olympic-banking-system OLYMPIC Banking System is now being used as the core application to support a wide range of activities within the NRB Banking Technology Ascentric sells platform technology development team News Aggregation Team Thursday, May 16, 2013 12:00 am http://www.apbankers.net/article/7981/ascentric-sells-platform-technology-development-team Collabera was chosen to acquire the technology team Banking Technology Challenger extends deal with SimCorp News Team Wednesday, May 15, 2013 12:00 am http://www.apbankers.net/article/7952/challenger-extends-deal-with-simcorp This will continue to enhance Challenger’s capabilities, particularly in offering their boutique partnership operations a truly integrated platform. Banking Technology Bahamas Wealth Management Software Developer's 'Major Asia Breakthrough' News Aggregation Team Tuesday, May 14, 2013 12:00 am http://www.apbankers.net/article/7935/bahamas-wealth-management-software-developeramp039s-amp039major-asia-breakthroughamp039 A Bahamian software developer has made a “huge breakthrough” by winning its first Asian financial services client, and is already “pushing” for more. Banking Technology Qatar Fund May Invest In RMZ Corp News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8063/qatar-fund-may-invest-in-rmz-corp Last month, Qatar Investment Authority, the Gulf state's sovereign wealth fund announced that it is looking to invest up to $10 bn in India every year. Alternative Investments Australia vows improved hedge fund disclosure, seeks recognized definition News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8064/australia-vows-improved-hedge-fund-disclosure-seeks-recognized-definition Currently, Australia has no universally recognized definition of a hedge fund. Alternative Investments HSBC Plans to Sell First Yuan Bond to Be Cleared in Singapore - Sources News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8076/hsbc-plans-to-sell-first-yuan-bond-to-be-cleared-in-singapore-sources The bond will be cleared through the Central Depository Ltd., an industry system in Singapore for securities clearing and settlement Alternative Investments ICICI Lombard hopes to grow ahead of industry News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8073/icici-lombard-hopes-to-grow-ahead-of-industry Insurer hopeful of clocking a premium growth of 2-3 per cent higher than the industry average Alternative Investments BlackRock to acquire MGPA News Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8022/blackrock-to-acquire-mgpa Combination of Highly Complementary Businesses Creates US$25 Billion Global Real Estate Investment Manager Alternative Investments Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8026/credit-suisse-replaces-morgan-stanley-as-no-2-asia-prime-broker The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm Alternative Investments Peak6 $1bn capital raise boosted by Aussie instos News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8004/peak6-1bn-capital-raise-boosted-by-aussie-instos Peak6 estimates that Australian client money accounts for around 7% of the fund's total FUM. Alternative Investments Goldman Sachs to Invest in Japan Green Energy News Aggregation Team Sunday, May 19, 2013 12:00 am http://www.apbankers.net/article/8009/goldman-sachs-to-invest-in-japan-green-energy Goldman Sachs plans to pour about Y300 billion ($2.9 billion) into Japanese renewable energy projects over the next five years, having determined that a long-term scheme here to buy renewables at fixed rates will provide a stable source of income, the Nik Alternative Investments AMP’s complete insurance range gets a makeover News Team Sunday, May 19, 2013 12:00 am http://www.apbankers.net/article/8010/ampamprsquos-complete-insurance-range-gets-a-makeover Through offering choice and flexibility, the suite of changes announced today will make it easier for planners to do business in tough markets Alternative Investments Coutts Investor Insights: Gold tumble tests strength of the floor News Team Friday, May 17, 2013 12:00 am http://www.apbankers.net/article/7979/coutts-investor-insights-gold-tumble-tests-strength-of-the-floor A number of factors have led to its recent sell-off. Alternative Investments Indonesian Government to Establish New Shariah Bank News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/7998/indonesian-government-to-establish-new-shariah-bank Indonesia’s Shariah-compliant banks controlled a total of Rp 214.5 trillion in the first quarter of 2013 Islamic Banking & Finance Pakistan regulator sets up sharia advisory board News Aggregation Team Friday, May 10, 2013 12:00 am http://www.apbankers.net/article/7900/pakistan-regulator-sets-up-sharia-advisory-board Previously, many countries left sharia boards in individual Islamic banks and financial firms to decide whether their products and activities obeyed religious principles. Islamic Banking & Finance Pilgrim Funds Give Indonesia Banks Booster Shot: Islamic Finance News Aggregation Team Friday, May 03, 2013 12:00 am http://www.apbankers.net/article/7825/pilgrim-funds-give-indonesia-banks-booster-shot-islamic-finance Deposits set aside by those planning a Hajj visit to Mecca in Saudi Arabia will be shifted by the Ministry of Religious Affairs from non-Islamic banks within a year of announcing the policy. Islamic Banking & Finance DIB eyes acquisitions in Asian markets News Aggregation Team Friday, May 03, 2013 12:00 am http://www.apbankers.net/article/7845/dib-eyes-acquisitions-in-asian-markets It has dealt with much of its balance sheet weakness and should see profits Islamic Banking & Finance Takaful Malaysia reports stellar results for 2012 from robust sales News Aggregation Team Wednesday, May 01, 2013 12:00 am http://www.apbankers.net/article/7810/takaful-malaysia-reports-stellar-results-for-2012-from-robust-sales The improved profit and rev­enue were largely attributable to higher sales generated by the family Islamic Banking & Finance Government eyes Islamic finance growth opportunity News Aggregation Team Wednesday, April 17, 2013 12:00 am http://www.apbankers.net/article/7659/government-eyes-islamic-finance-growth-opportunity Ripoll said the growth would benefit not only the Australian Muslim community, but the financial services industry as a whole. Islamic Banking & Finance Singapore Defends Expiry Of Islamic Finance Tax Breaks News Aggregation Team Tuesday, April 09, 2013 12:00 am http://www.apbankers.net/article/7564/singapore-defends-expiry-of-islamic-finance-tax-breaks He confirmed that, despite the lapsing of two tax incentives for Islamic finance introduced in the 2008 Budget, which, like all Singapore's tax incentives, have a fixed tenure – in this case, of five years, Islamic finance activities will conti Islamic Banking & Finance Maybank Singapore Islamic banking offers financing for properties in Malaysia News Aggregation Team Friday, April 05, 2013 12:00 am http://www.apbankers.net/article/7524/maybank-singapore-islamic-banking-offers-financing-for-properties-in-malaysia The two new products bring to 11 the number of Shariah compliant products available to Maybank Singapore customers. Islamic Banking & Finance Saudi quits Islamic finance corporation News Aggregation Team Friday, April 05, 2013 12:00 am http://www.apbankers.net/article/7537/saudi-quits-islamic-finance-corporation IILM did not give a reason for Saudi Arabia's exit. The central banks of Qatar and Malaysia bought out Saudi Arabia's share. Islamic Banking & Finance Malaysia: Takaful insurers to separate life, general insurance businesses News Aggregation Team Tuesday, April 02, 2013 12:00 am http://www.apbankers.net/article/7487/malaysia-takaful-insurers-to-separate-life-general-insurance-businesses Takaful insurers are expected to surrender their composite licenses under the Financial Services Act and the Islamic Financial Services Act, which is expected to come into effect by mid-2013. Islamic Banking & Finance China Construction Bank Buys Stake in Russian Bank News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8067/china-construction-bank-buys-stake-in-russian-bank China's second-largest bank by assets said that it purchased a $100 million stake in Russia's VTB Bank Investment Banking Singapore may give Indonesian banks more access in boost to DBS News Aggregation Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8033/singapore-may-give-indonesian-banks-more-access-in-boost-to-dbs It's a move that may help Southeast Asia's largest bank DBS Group get majority control of Bank Danamon. Investment Banking Goldman Is Selling The Last Of Its Stake In A Chinese Bank, And Communist Officials Are Probably Pretty Annoyed News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8014/goldman-is-selling-the-last-of-its-stake-in-a-chinese-bank-and-communist-officials-are-probably-pretty-annoyed Goldman could raise $9.7 billion selling its remaining ICBC shares. Investment Banking Former Citigroup Boss Vikram Pandit To Set Up New Indian Bank News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8023/former-citigroup-boss-vikram-pandit-to-set-up-new-indian-bank Banker Vikram Pandit has made his first big move since stepping down suddenly as Citigroup ’s chief executive Investment Banking Qatar National Bank Group gets nod for India subsidiary News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8028/qatar-national-bank-group-gets-nod-for-india-subsidiary The Qatar National Bank (QNB) Group has announced that it has received all regulatory approvals to establish a fully owned subsidiary Investment Banking SMFG yearly profit jumps 53 pct, sees poorer year ahead News Aggregation Team Wednesday, May 15, 2013 12:00 am http://www.apbankers.net/article/7967/smfg-yearly-profit-jumps-53-pct-sees-poorer-year-ahead Net profit at Sumitomo Mitsui Financial Group Inc,jumped 53.1 percent in the year ended in March, Investment Banking ICBC eyes 10% Middle East asset growth News Aggregation Team Tuesday, May 14, 2013 12:00 am http://www.apbankers.net/article/7955/icbc-eyes-10-middle-east-asset-growth One of its aims going forward was to provide financing for local companies Investment Banking CIMB Australia and RBS Morgans agrees to further cooperation News Team Monday, May 13, 2013 12:00 am http://www.apbankers.net/article/7924/cimb-australia-and-rbs-morgans-agrees-to-further-cooperation The alliance will be overseen by an advisory board Investment Banking Big four a big draw for executives as investment banks lose appeal News Aggregation Team Tuesday, May 07, 2013 12:00 am http://www.apbankers.net/article/7867/big-four-a-big-draw-for-executives-as-investment-banks-lose-appeal Theappeal of working in the investment banking industry continues to dive as perks dry up and years of scandals and job insecurity take their toll Investment Banking Deutsche hires new country heads for Singapore and Korea News Aggregation Team Tuesday, May 07, 2013 12:00 am http://www.apbankers.net/article/7869/deutsche-hires-new-country-heads-for-singapore-and-korea Deutsche Bank has appointed two former employees of U.S. rivals as heads of its operations in Singapore and Korea, the bank said on Tuesday. Investment Banking ANZ Bank looks to Asia for growth News Aggregation Team Friday, May 10, 2013 12:00 am http://www.apbankers.net/article/7913/anz-bank-looks-to-asia-for-growth Growth within its home markets is starting to plateau amid intensifying competition Emerging & Frontier Markets Standard Chartered Seeks Banking Operations in Angola, Mozambique News Aggregation Team Thursday, May 09, 2013 12:00 am http://www.apbankers.net/article/7908/standard-chartered-seeks-banking-operations-in-angola-mozambique As it seeks to increase revenue from the continent Emerging & Frontier Markets M&As show India is still hot spot for foreign investors News Aggregation Team Monday, May 06, 2013 12:00 am http://www.apbankers.net/article/7860/mampampas-show-india-is-still-hot-spot-for-foreign-investors Despite concerns on the macroeconomic front, it seems like foreign companies are reviving their interest in India. Emerging & Frontier Markets The People's Bank of China : Safeguarding financial stability News Team Friday, May 03, 2013 12:00 am http://www.apbankers.net/article/7839/the-peopleamp039s-bank-of-china-safeguarding-financial-stability The People's Bank of China and the Deutsche Bundesbank held in Beijing their second meeting within the framework of the Sino-German Emerging & Frontier Markets TSMC ranked 9th among top 1,000 Greater China firms News Aggregation Team Thursday, May 02, 2013 12:00 am http://www.apbankers.net/article/7818/tsmc-ranked-9th-among-top-1000-greater-china-firms In the financial industry, private banks have outperformed public banks, according to Business Today. Emerging & Frontier Markets EU drinks groups to keep spending in China amid slowdown News Aggregation Team Wednesday, May 01, 2013 12:00 am http://www.apbankers.net/article/7803/eu-drinks-groups-to-keep-spending-in-china-amid-slowdown European spirits manufacturers will probably maintain their high levels of trade investment in China despite a slowdown in sales growth that will take time to recover, Fitch Ratings says. Emerging & Frontier Markets People's Bank of China expands co-operation with African Development Bank News Team Monday, April 29, 2013 12:00 am http://www.apbankers.net/article/7768/peopleamp039s-bank-of-china-expands-co-operation-with-african-development-bank President Kaberuka and Governor Zhou also called for the rapid conclusion of the discussions related to the China Africa Growth Fund. Emerging & Frontier Markets Global fund managers bullish on outlook for Thailand, other emerging markets: HSBC News Team Wednesday, April 24, 2013 12:00 am http://www.apbankers.net/article/7712/global-fund-managers-bullish-on-outlook-for-thailand-other-emerging-markets-hsbc Thailand and other emerging markets should brace for further hikes, as major global fund managers in a HSBC survey are bullish on their outlooks. Emerging & Frontier Markets Middle East's premier hub reaches into Africa News Aggregation Team Tuesday, April 23, 2013 12:00 am http://www.apbankers.net/article/7717/middle-eastamp039s-premier-hub-reaches-into-africa Its economy is expected to grow by up to 4 percent Emerging & Frontier Markets Standard Chartered Seeks to Double Africa Revenue Within 5 Years News Aggregation Team Friday, April 19, 2013 12:00 am http://www.apbankers.net/article/7680/standard-chartered-seeks-to-double-africa-revenue-within-5-years Standard Chartered isn't the only global bank seeking to expand on the continent. J.P. Morgan Chase & Co. has also been increasing its African presence and now has offices in Nigeria, Ghana and Kenya. Emerging & Frontier Markets Ten IT-enabled business trends for the decade ahead News Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8066/ten-it-enabled-business-trends-for-the-decade-ahead The pace of technology change, innovation, and business adoption since then has been stunning. InvestmentView Can we learn from the success of Singapore? News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8046/can-we-learn-from-the-success-of-singapore Singapore has become a leader on the global economic stage, thanks mainly to vision and adherence to policy. InvestmentView Growth Now, Reforms Later News Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8048/growth-now-reforms-later Japan’s stock market was the first to react to the economic policy proclamations InvestmentView Familiar names top the annual BRW magazine’s Rich 200 list. News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8058/familiar-names-top-the-annual-brw-magazineamprsquos-rich-200-list Frank Lowy, Anthony Pratt, Ivan Glasenberg, Harry Triguboff and John Gandel all made the top 10 of the list, InvestmentView Aon Hewitt Analysis Shows Modest Improvement in Global Employee Engagement Levels News Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8031/aon-hewitt-analysis-shows-modest-improvement-in-global-employee-engagement-levels Career Opportunities, Organization Reputation and Pay are Top Engagement Drivers in 2012 InvestmentView Japanese hedge funds on Abenomics & the debt time bomb News Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8034/japanese-hedge-funds-on-abenomics-ampamp-the-debt-time-bomb Japanese hedge fund managers share insider views on Abenomics InvestmentView (Not So) Big in Japan by Tom Becket, CIO, Psigma Investment Management News Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8020/not-so-big-in-japan-by-tom-becket-cio-psigma-investment-management Traitor! Turncoat! Judas! InvestmentView 10 Countries Anxiously Watching Their Massive Gold Hoards Fall In Value News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8000/10-countries-anxiously-watching-their-massive-gold-hoards-fall-in-value A report highlighting the countries sitting on the biggest official gold reserves. InvestmentView A Gold Forecast that Will Shock the World News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8002/a-gold-forecast-that-will-shock-the-world Should it really surprise us the gold experts have been so badly wrong about the direction of bullion prices? InvestmentView Comparative Information on OECD and Other Advanced and Emerging Economies News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8003/comparative-information-on-oecd-and-other-advanced-and-emerging-economies The series identifies some of the fundamental elements of modern revenue bodies. InvestmentView Closer ties between China, India to add extra glamour to BRICS News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/7999/closer-ties-between-china-india-to-add-extra-glamour-to-brics Visionary leaders in both countries have realized the world has sufficient room for the development of China and India BRICS BRICS countries might set up development bank in 2015 News Aggregation Team Friday, April 19, 2013 12:00 am http://www.apbankers.net/article/7689/brics-countries-might-set-up-development-bank-in-2015 Russian Deputy Finance Minister Sergei Storchak believes that BRICS group of countries might set up a development bank in 2015 BRICS "The last thing to collapse is the surface." News Aggregation Team Monday, April 08, 2013 12:00 am http://www.apbankers.net/article/7542/ampquotthe-last-thing-to-collapse-is-the-surfaceampquot Don't Get Hit by a Falling BRIC BRICS A New BRICS Development Bank: Will It Work for Women? News Aggregation Team Thursday, April 04, 2013 12:00 am http://www.apbankers.net/article/7515/a-new-brics-development-bank-will-it-work-for-women A new BRICS bank indeed raises important questions BRICS South Africa: The Brics Bank and World Dominance - How Real Is This? News Aggregation Team Thursday, April 04, 2013 12:00 am http://www.apbankers.net/article/7518/south-africa-the-brics-bank-and-world-dominance-how-real-is-this The BRICS Summit also made announcements about the establishment of a BRICS business council and a think tank. BRICS BRICS bank to complement, not compete with ADB: India News Aggregation Team Tuesday, April 02, 2013 12:00 am http://www.apbankers.net/article/7483/brics-bank-to-complement-not-compete-with-adb-india The BRICS bank is seen as a way of challenging the rules set by existing institutions like the World Bank. BRICS BRICS Nations Plan New Bank to Bypass World Bank, IMF News Aggregation Team Tuesday, March 26, 2013 12:00 am http://www.apbankers.net/article/7446/brics-nations-plan-new-bank-to-bypass-world-bank-imf “There’s a shift in power from the traditional to the emerging world. There is a lot of geo-political concern about this shift in the western world.” BRICS China expresses support for BRICS Development Bank News Aggregation Team Wednesday, March 20, 2013 12:00 am http://www.apbankers.net/article/7382/china-expresses-support-for-brics-development-bank Ahead of the BRICS summit in Durban, China today backed the establishment of a BRICS Development Bank and called for a global economic governance system that gives increased voice to developing countries. BRICS Policy think-tank set up ahead of annual BRICS summit News Aggregation Team Thursday, March 14, 2013 12:00 am http://www.apbankers.net/article/7320/policy-think-tank-set-up-ahead-of-annual-brics-summit Academics from the BRICS countries – Brazil, Russia, India, China and South Africa – this week established a policy think-tank ahead of the fifth BRICS summit to be held in Durban. BRICS BRICS could pool foreign reserves: S. Africa News Aggregation Team Thursday, February 28, 2013 12:00 am http://www.apbankers.net/article/7131/brics-could-pool-foreign-reserves-s-africa BRICS emerging nations could pool their vast holdings of foreign currency to prop each other up in times of hardship BRICS Banking Sector Fuels Singapore's First-Quarter Growth News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8060/banking-sector-fuels-singaporeamp039s-first-quarter-growth The surprising strength comes as other export-dependent Asian economies have struggled Retail Banking DBS Bank named top brand in Singapore News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8061/dbs-bank-named-top-brand-in-singapore The bank moved up two places from its No 3 position in 2012, DBS said. Retail Banking NAB pushes ahead with business staff restructure News Aggregation Team Friday, May 24, 2013 12:00 am http://www.apbankers.net/article/8065/nab-pushes-ahead-with-business-staff-restructure It is unknown how many staff will be affected, hundreds estimated Retail Banking Philippine Bank UCPB Hires Adviser for Strategic Review News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8045/philippine-bank-ucpb-hires-adviser-for-strategic-review UCPB has confirmed only that it is seeking to strengthen its capital structure. Retail Banking Malaysia Maybank's Q1 net profit up 11.8 News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8057/malaysia-maybankamp039s-q1-net-profit-up-118 Malaysia's biggest bank by assets, posted a 11.8 percent rise in first quarter profit, Retail Banking Bank Indonesia Taps Religious Groups to Expand Banking Outreach News Aggregation Team Thursday, May 23, 2013 12:00 am http://www.apbankers.net/article/8071/bank-indonesia-taps-religious-groups-to-expand-banking-outreach The religious groups can help banks select and evaluate potential debtors, and determine their eligibility for business loans Retail Banking DBS Gets Final OK to Buy Stake in Indonesian Bank News Aggregation Team Wednesday, May 22, 2013 12:00 am http://www.apbankers.net/article/8032/dbs-gets-final-ok-to-buy-stake-in-indonesian-bank Bank Indonesia, the central bank, delayed approving the deal as it considered new rules on bank ownership. Retail Banking Indian banks enjoy trust of customers: Gallup poll News Aggregation Team Tuesday, May 21, 2013 12:00 am http://www.apbankers.net/article/8025/indian-banks-enjoy-trust-of-customers-gallup-poll Indian banks enjoy the trust and confidence of about 70 per cent of the respondents, according to a poll conducted by Gallup last year. Retail Banking Commonwealth Bank Profit Gains After Holding Back Rate Cuts News Aggregation Team Thursday, May 16, 2013 12:00 am http://www.apbankers.net/article/7960/commonwealth-bank-profit-gains-after-holding-back-rate-cuts The lender is Australia's largest by market value. Retail Banking E&Y urges Chinese banks to shift focus News Aggregation Team Wednesday, May 15, 2013 12:00 am http://www.apbankers.net/article/7966/eampampy-urges-chinese-banks-to-shift-focus Report suggests room for growth in online, mobile and intermediary operations Retail Banking India, other FTA members to share offshore leaks tax info News Aggregation Team Monday, May 20, 2013 12:00 am http://www.apbankers.net/article/8001/india-other-fta-members-to-share-offshore-leaks-tax-info FTA was set up in July 2002 by the Paris—based think tank Organisation for Economic Cooperation and Development. Tax New tax practices unlikely to put S'pore at disadvantage: analysts News Aggregation Team Wednesday, May 15, 2013 12:00 am http://www.apbankers.net/article/7947/new-tax-practices-unlikely-to-put-samp039pore-at-disadvantage-analysts There are concerns whether the changes announced on 14 May 13 will severely impede funds from coming into Singapore. Tax OECD sees action on corporate tax avoidance News Aggregation Team Wednesday, May 15, 2013 12:00 am http://www.apbankers.net/article/7970/oecd-sees-action-on-corporate-tax-avoidance International leaders are moving closer to taking action on corporate tax avoidance Tax International tax charter published News Aggregation Team Monday, May 13, 2013 12:00 am http://www.apbankers.net/article/7944/international-tax-charter-published Taxpayer rights and responsibilities aims to work as a blue print for a better tax system that can be adapted Tax Global banking major fears ‘significant’ penalty in tax evasion probe News Aggregation Team Monday, May 13, 2013 12:00 am http://www.apbankers.net/article/7921/global-banking-major-fears-amplsquosignificantamprsquo-penalty-in-tax-evasion-probe The US tax department is investigating possible evasion of federal income taxes. Tax G7 nations agree to tackle tax evasion News Aggregation Team Monday, May 13, 2013 12:00 am http://www.apbankers.net/article/7922/g7-nations-agree-to-tackle-tax-evasion Finance ministers meeting in UK say collective action is needed to ensure firms and individuals pay the tax they owe. Tax Singapore's Wealthy in Focus in Hunt for Tax Cheats News Aggregation Team Sunday, May 05, 2013 12:00 am http://www.apbankers.net/article/7857/singaporeamp039s-wealthy-in-focus-in-hunt-for-tax-cheats Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing. Tax Unexplained wealth laws set to pass in Qld News Aggregation Team Thursday, May 02, 2013 12:00 am http://www.apbankers.net/article/7819/unexplained-wealth-laws-set-to-pass-in-qld Outlaw bikies with unexplained wealth will have their assets seized under new Queensland laws Tax Tax havens pose issue for I-T dept News Aggregation Team Wednesday, May 01, 2013 12:00 am http://www.apbankers.net/article/7801/tax-havens-pose-issue-for-i-t-dept Mr Mukherjee’s statement assumes relevance as India, along with a host of emerging economies of the world, is working towards a streamlined tax regime Tax Soon, US to get info on Americans' assets in India News Aggregation Team Sunday, April 28, 2013 12:00 am http://www.apbankers.net/article/7767/soon-us-to-get-info-on-americansamp039-assets-in-india US tax authorities may soon get access to all significant assets and accounts Tax Singapore Fund Closes In On $500m Markit Deal News Aggregation Team Friday, May 03, 2013 12:00 am http://www.apbankers.net/article/7844/singapore-fund-closes-in-on-500m-markit-deal Now in advanced negotiations about acquiring the shareholding ahead of a US flotation of Markit. 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