The Asia Pacific Banking News Network http://www.apbankers.net/ Wed, 01 Jun 2016 05:25:55 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Wealth management dividends to stay strong News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29005/wealth-management-dividends-to-stay-strong With banks around the world beginning to cut their dividends, Columbia Threadneedle's global equity income fund has shifted its focus towards the wealth management sector. Wealth and Asset Management Bank of Singapore launches new front-line training initiative News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29007/bank-of-singapore-launches-new-front-line-training-initiative In 2015 alone, Bank of Singapore said its employees clocked in twice as many training hours as they did the year before; client-facing staff averaged 90 hours of training. Wealth and Asset Management Morgan Stanley aims to return wealth arm to profits News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29015/morgan-stanley-aims-to-return-wealth-arm-to-profits Harker said the wealth unit - run by Ian Chambers - was aiming to break even by the end of 2016 and to return to profitability through 2017. Wealth and Asset Management StanChart here 'has strong Singaporean core': Lim Swee Say News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28956/stanchart-here-amp039has-strong-singaporean-coreamp039-lim-swee-say Foreign PMETs or employment pass holders account for only 7 per cent of the PMET employees," he added. Wealth and Asset Management AP Executive Wins Global Award 2016 News Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28961/ap-executive-wins-global-award-2016 The winners were chosen after a rigorous nomination and selection process Wealth and Asset Management Investec Wealth Finds Its Niche in Hong Kong News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28963/investec-wealth-finds-its-niche-in-hong-kong The wealth manager says customized advice will attract clients not served by other private banks in the region. Wealth and Asset Management Leading third-party wealth management service provider Opens Office in Hong Kong News Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28965/leading-third-party-wealth-management-service-provider-opens-office-in-hong-kong Since the Group''s listing on the New York Stock Exchange last July, it has focused on the opening of the Hong Kong office, a key move in advancing its strategic international presence. Wealth and Asset Management StanChart's Massive Layoffs Mostly Complete News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28968/stanchartamp039s-massive-layoffs-mostly-complete The massive job cuts announced by Standard Chartered Bank's headquarters last year have mostly been made and any further cuts to headcount here will be normal attrition Wealth and Asset Management There's a big misunderstanding between wealth managers and their Singaporean clients News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28993/thereamp039s-a-big-misunderstanding-between-wealth-managers-and-their-singaporean-clients Singapore clients are becoming more savvy about fees Wealth and Asset Management BSI says new management not linked to Malaysia scandal News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28950/bsi-says-new-management-not-linked-to-malaysia-scandal There is no proof that current members of the board of directors or management are involved in the case,” he told the Swiss daily Corriere del Ticino. Wealth and Asset Management Noble Group Limited News Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/28991/noble-group-limited The Board looks forward to working with Yusuf in the future should the opportunity arise. Executive Moves Chubb Appoints Country President for Chubb Life in Taiwan News Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29004/chubb-appoints-country-president-for-chubb-life-in-taiwan This appointment has been approved by local regulators on May 4, 2016 . Executive Moves Private wealth management firm JBWere has announced the appointment of in-house veteran Lisa Norton to head up its legal team. News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29006/private-wealth-management-firm-jbwere-has-announced-the-appointment-of-in-house-veteran-lisa-norton-to-head-up-its-legal-team Ms Norton’s appointment rounds out JBWere’s leadership team and positions them well as they look to aggressively grow their business, according to Mr Greiner. Executive Moves Hang Seng names new head of wealth and retail banking News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29008/hang-seng-names-new-head-of-wealth-and-retail-banking This follows the retirement of Nixon Chan, with effect from 1 July 2016. Executive Moves MLC Adds To Advice Partnerships Team News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29013/mlc-adds-to-advice-partnerships-team MLC has announced the appointment of its head of practice development. Executive Moves Award-Winning Adviser Joins APESB News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29014/award-winning-adviser-joins-apesb The Accounting Professional and Ethical Standards Board has announced the appointment of a new director, and it now sees the board have equal gender representation for the first time. Executive Moves RCBC names new officials after bank heist probe News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29025/rcbc-names-new-officials-after-bank-heist-probe As the Senate probe into the bank heist ends, the embattled bank appoints new key officials Executive Moves ANZ surprised by exit of Bell Potter broker News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28958/anz-surprised-by-exit-of-bell-potter-broker No one from ANZ has raised any issues about his continued role at Bell Potter. It is not our business and we were surprised by the news he has left. Executive Moves Pictet names new Singapore CEO News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28976/pictet-names-new-singapore-ceo The appointment is subject to approval. Executive Moves Colonial First State Global Asset Management appoints Tim King to research role News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28981/colonial-first-state-global-asset-management-appoints-tim-king-to-research-role King was most recently head of advisory at governance research and engagement firm Regnan. He also had a ten-year stint at Deutsche Bank until 2013. Executive Moves Concern over China insurance rules ahead of talks with U.S. News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29022/concern-over-china-insurance-rules-ahead-of-talks-with-us Critics fear the rules could be used to drive preferential treatment for Chinese companies supplying businesses and government departments Legal, Regulation & Compliance Appleby acted for Ever Smart on its HKEx Listing News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29024/appleby-acted-for-ever-smart-on-its-hkex-listing Ever Smart provides footwear design and development, production management and logistics management services. Legal, Regulation & Compliance Foreign Business Groups to Complain About Proposed Chinese Insurance Rules News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29031/foreign-business-groups-to-complain-about-proposed-chinese-insurance-rules Draft insurance rules are part of China’s broader push for control over technology suppliers Legal, Regulation & Compliance A Hong Kong watchdog revealed millions in unauthorized stock trading News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28959/a-hong-kong-watchdog-revealed-millions-in-unauthorized-stock-trading The authority said this did not result in any actual financial losses and it said it was still investigating why some of the cases took place. Legal, Regulation & Compliance Top management sets the tone in fight against money laundering News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28962/top-management-sets-the-tone-in-fight-against-money-laundering It said that it had highlighted "many serious risks" since 2013 Legal, Regulation & Compliance ASIC permanently bans ex-HSBC, ANZ planners News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28983/asic-permanently-bans-ex-hsbc-anz-planners In permanently banning Kwok, ASIC found reason to believe that he was not of good fame or character. Legal, Regulation & Compliance Islamic banking set to launch in India amid controversy News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28996/islamic-banking-set-to-launch-in-india-amid-controversy Like other Islamic banks, the IDB does not charge interest on loans or pay interest on deposits. Legal, Regulation & Compliance HSBC boosts oversight of safety boxes in Hong Kong News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28998/hsbc-boosts-oversight-of-safety-boxes-in-hong-kong A report commissioned by the federal government of Switzerland highlighted in December how in certain circumstances safety boxes can be vulnerable to financial crimes. Legal, Regulation & Compliance No, central banks have not exhausted their policy options News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28944/no-central-banks-have-not-exhausted-their-policy-options Central banks have duly employed more radical treatments than ever before. Legal, Regulation & Compliance Up to a dozen banks are reportedly investigating potential SWIFT breaches News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28946/up-to-a-dozen-banks-are-reportedly-investigating-potential-swift-breaches The incidents are part of a larger trend of cybercriminals targeting financial institutions directly instead of customers Legal, Regulation & Compliance Bangladesh panel finds possible insider role in central bank cyber theft News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29003/bangladesh-panel-finds-possible-insider-role-in-central-bank-cyber-theft Finance Minister Abul Maal Abdul Muhith said the report would be made public in 15 to 20 days. FinTech This new robo-advisory firm has a former JP Morgan chairman and an ex-finance minister on its board News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29018/this-new-robo-advisory-firm-has-a-former-jp-morgan-chairman-and-an-ex-finance-minister-on-its-board Watson, who is also chair of the board, says the savings of 1 to 2% per annum delivered by the model can make a huge difference to the retirement savings. FinTech Yes Bank partners Click&Pay for cashless transactions News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29032/yes-bank-partners-clickampamppay-for-cashless-transactions Our vision is to create a vibrant merchant ecosystem where millions of merchants would be able to accept digital payments using Click&Pay. FinTech Mizuho readies fintech war chest to escape Japan gloom News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28971/mizuho-readies-fintech-war-chest-to-escape-japan-gloom Mizuho is targeting US acquisitions in the fields of artificial intelligence and big data processing. FinTech Blockchain 'smart contracts' to disrupt lawyers News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28978/blockchain-amp039smart-contractsamp039-to-disrupt-lawyers The innovation has been made possible because Ethereum provides developers with a more liberal "scripting language" than bitcoin. FinTech Singapore Economy In A Rut. Policy Has Run Out Of Ideas. News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28979/singapore-economy-in-a-rut-policy-has-run-out-of-ideas It cannot target population growth, capital accumulation and technological innovation without bound. Population growth meets space constraints and population density issues sooner or later. FinTech INDONESIA: Changing Customer Behavior Is E-Commerce Industry's Biggest Challenge News Aggregation Team Sunday, May 29, 2016 12:00 am http://www.apbankers.net/article/28966/indonesia-changing-customer-behavior-is-e-commerce-industryamp039s-biggest-challenge Helena said she also prefers to rather go to the ATM several times a month to pay her online shopping bills, than activate mobile or Internet banking. FinTech Collaboration And Clients Key As RSM Launches ECM In The Cloud News Aggregation Team Sunday, May 29, 2016 12:00 am http://www.apbankers.net/article/28967/collaboration-and-clients-key-as-rsm-launches-ecm-in-the-cloud Global accountancy firm embarks on major cloud-based ECM project FinTech Japan moves to spur growth in fintech sector News Aggregation Team Thursday, May 26, 2016 12:00 am http://www.apbankers.net/article/28924/japan-moves-to-spur-growth-in-fintech-sector The revision to the Banking Law eases this rule, pending case-by-case government authorizations, if the funds are directed toward enhancing financial services through the use of information technology. FinTech New course for Bank of Singapore private bankers News Aggregation Team Wednesday, May 25, 2016 12:00 am http://www.apbankers.net/article/28915/new-course-for-bank-of-singapore-private-bankers The collaboration will be the first NTU is undertaking with a financial institution to award an advanced diploma in private banking. FinTech Security and Intelligent Services Plans To Raise Rs 1,000 Crore via IPO News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29009/security-and-intelligent-services-plans-to-raise-rs-1000-crore-via-ipo Delhi-based security services provider Security and Intelligent Services is looking to raise Rs 1,000 crore from the primary market Alternative Investments ICBC Standard Bank approved as US swap dealer News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29010/icbc-standard-bank-approved-as-us-swap-dealer ICBC Standard, which is 60% owned by the Industrial and Commercial Bank of China Ltd., will be the latest to join the 106 financial institutions that were designated by the CFTC as swap dealers as of May 10. Alternative Investments Global Equities Tease Income Opportunity News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29012/global-equities-tease-income-opportunity Global equity income strategies, once only available to institutional investors, are now easily accessible using cost-effective ETF products as building blocks of an income portfolio. Alternative Investments Allianz launches innovation lab in Asia News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29016/allianz-launches-innovation-lab-in-asia The company said it plans to develop solutions connected health care, mobility, and smart city living. Alternative Investments Mizuho boss warns Abe to lift tax or Japan will suffer downgrade News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29020/mizuho-boss-warns-abe-to-lift-tax-or-japan-will-suffer-downgrade Mr Sato acknowledged that raising the tax again would pose a risk to Japan’s economy. Alternative Investments Hansard International launches Vantage Platinum II News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29021/hansard-international-launches-vantage-platinum-ii These enhancements are complemented by an online platform that enables advisers and clients to efficiently manage their Hansard contract, wherever they may be. Alternative Investments UOB sets up team for Japanese companies in Southeast Asia News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29027/uob-sets-up-team-for-japanese-companies-in-southeast-asia Since the newest team was set up at the end of last year to serve Japanese companies, the deposit flow from UOB's Japanese clients in the first quarter of 2016 was more than 80 per cent of that from all its Japanese clients in 2015. Alternative Investments ClearView to raise $50m amid sale plans News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29028/clearview-to-raise-50m-amid-sale-plans The board intends to solicit and evaluate proposals in the best interests of all shareholders. Alternative Investments Deutsche Börse and Taiwan Futures Exchange enter into market data partnership Deutsche Börse to act as licensor of TAIFEX market data to international clients News Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29030/deutsche-bampoumlrse-and-taiwan-futures-exchange-enter-into-market-data-partnership-deutsche-bampoumlrse-to-act-as-licensor-of-taifex-market-data-to-international-clients The market data partnership agreement is expected to enhance TAIFEX’ global reach and further strengthens the alliance between the Taiwanese and German exchanges Alternative Investments Buying En Primeur Risky Gamble Or Smart Investment? News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28969/buying-en-primeur-risky-gamble-or-smart-investment Indian wine collectors are eager to learn about the latest vintage of Bordeaux well before the wines are released on the market. Alternative Investments Islamic banking set to launch in India amid controversy News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28980/islamic-banking-set-to-launch-in-india-amid-controversy Though India is not typically seen as being part of the “Islamic world", its 180 million-strong Muslim population makes it an attractive place for the IDB to set up shop. Islamic Finance First China-UAE Conference on Islamic Banking & Finance concludes with positive outlook for future of Islamic Economy News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28999/first-china-uae-conference-on-islamic-banking-ampamp-finance-concludes-with-positive-outlook-for-future-of-islamic-economy A total of 11 keynote addresses were delivered throughout the conference, reflecting the experiences of Dubai in developing the Islamic economy Islamic Finance Zero Tax on Indonesia’s Bonds Seen Reviving Dying Sukuk Market News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28942/zero-tax-on-indonesiaamprsquos-bonds-seen-reviving-dying-sukuk-market The move should mean holders of the securities would accept lower yields, compensating for the loss to the treasury from the tax reduction. Islamic Finance Meezan Bank honoured News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28943/meezan-bank-honoured Subjective criteria included key research and the input of experts in evaluating the banks and service providers. Islamic Finance India’ first Islamic bank to start in Gujarat, PM Modi’s friend Zafar Sareshwala leads the initiative News Aggregation Team Wednesday, May 25, 2016 12:00 am http://www.apbankers.net/article/28916/indiaamprsquo-first-islamic-bank-to-start-in-gujarat-pm-modiamprsquos-friend-zafar-sareshwala-leads-the-initiative The plans will come to fruition after Modi’s trip in April to UAE Islamic Finance Sri Lanka’s Islamic Finance sector growing, lacks skilled staff News Aggregation Team Wednesday, May 25, 2016 12:00 am http://www.apbankers.net/article/28918/sri-lankaamprsquos-islamic-finance-sector-growing-lacks-skilled-staff In absolute numbers, this represents only some 152 additional qualified staff entering the labor market over the past four years. Islamic Finance Malaysia's troubled state fund heading towards closure News Aggregation Team Wednesday, May 25, 2016 12:00 am http://www.apbankers.net/article/28919/malaysiaamp039s-troubled-state-fund-heading-towards-closure Debt-ridden fund at center of impropriety allegations involving country's prime minister to be dissolved once it fulfils all financial obligations Islamic Finance Ambank Group Wins Three Awards at The Asset Triple A Islamic Finance Awards2016 News Team Tuesday, May 24, 2016 12:00 am http://www.apbankers.net/article/28880/ambank-group-wins-three-awards-at-the-asset-triple-a-islamic-finance-awards2016 Quantitative and qualitative findings were combined in determining the winners. Islamic Finance Saudi Arabia to join Turkey, Indonesia to found Islamic finance infrastructure bank News Aggregation Team Tuesday, May 24, 2016 12:00 am http://www.apbankers.net/article/28884/saudi-arabia-to-join-turkey-indonesia-to-found-islamic-finance-infrastructure-bank "It will be the effort of not only the four of us, but also others. But the four will be the founders." Islamic Finance Saudi Arabia to join Turkey, Indonesia in infrastructure Islamic bank News Aggregation Team Monday, May 23, 2016 12:00 am http://www.apbankers.net/article/28857/saudi-arabia-to-join-turkey-indonesia-in-infrastructure-islamic-bank The new entities could be operational as early as next year Islamic Finance EU lender vows no compromise on joint projects with China-led bank News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29011/eu-lender-vows-no-compromise-on-joint-projects-with-china-led-bank European Investment Bank chief insists cooperation with other institutions such as the Asian Infrastructure Investment Bank must comply with EU law Investment Banking SocGen’s $1.1 Billion Samurai Bond Deal Is Biggest in 2016 News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28957/socgenamprsquos-11-billion-samurai-bond-deal-is-biggest-in-2016 It’s only the third Samurai sale this year, and follows a 110 billion yen offering by Bank of America Corp. earlier this month in a euro-yen format. Investment Banking Japanese Bank, BDO tie-Up to Benefit Clients Eyeing PH News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28975/japanese-bank-bdo-tie-up-to-benefit-clients-eyeing-ph Founded in April 1957, Aozora has 20 branches across Japan and five overseas offices. Investment Banking Nepal, India Plans Setting Up Energy Bank News Aggregation Team Sunday, May 29, 2016 12:00 am http://www.apbankers.net/article/28973/nepal-india-plans-setting-up-energy-bank Nepal would export electricity to India during the summer season and import power from India in the winter when output drops sharply resulting in crippling power shortages Investment Banking European, Asian investment banks seek to renew cooperation News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28952/european-asian-investment-banks-seek-to-renew-cooperation Up to twenty European countries have chosen to become the founding members of the AIIB, though the United States has not agreed. Investment Banking Barclays Said to Raise Severance Offer Again for Tokyo Staff News Aggregation Team Friday, May 27, 2016 12:00 am http://www.apbankers.net/article/28960/barclays-said-to-raise-severance-offer-again-for-tokyo-staff Severance pay in Japan over the past two years has typically ranged from 12 months to 36 months at overseas banks, according to the Federation of Foreign Bank Employees Union. Investment Banking Japan’s Aozora Bank taps BDO for investment banking services News Team Tuesday, May 24, 2016 12:00 am http://www.apbankers.net/article/28879/japanamprsquos-aozora-bank-taps-bdo-for-investment-banking-services BDO has an established, fully staffed Japan Desk, with Japanese-speaking personnel dedicated to market and service Japanese companies operating in the country Investment Banking ASEAN ready to ‘seriously look into’ free-trade deal with Russia-led EAEU – Malaysian PM to RT News Aggregation Team Monday, May 23, 2016 12:00 am http://www.apbankers.net/article/28825/asean-ready-to-amplsquoseriously-look-intoamprsquo-free-trade-deal-with-russia-led-eaeu-ampndash-malaysian-pm-to-rt The banking mechanism, which was launched in January of 2016, was devised as a multilateral development bank with a focus on infrastructure development in Asia. Investment Banking Credit Suisse Executive Helman Sitohang Labels Australia A 'Bright Spot' News Aggregation Team Sunday, May 22, 2016 12:00 am http://www.apbankers.net/article/28837/credit-suisse-executive-helman-sitohang-labels-australia-a-amp039bright-spotamp039 Credit Suisse's Asia-Pacific chief Helman Sitohang believes Australia will be among the region's outperforming markets for the firm over the next 12 to 18 months, despite the high cost of some marquee hires. Investment Banking UBS Wins Third Joint Lead Manager Mandate On The Good Guys IPO News Aggregation Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28770/ubs-wins-third-joint-lead-manager-mandate-on-the-good-guys-ipo Investment bank UBS has won a coveted joint lead manager mandate on The Good Guys' potential initial public offering, Street Talk can reveal. Investment Banking A History of Malware and Viruses (Part 1/2) by Craig Smallman, Sammedia News Team Friday, May 20, 2016 12:00 am http://www.apbankers.net/article/28817/a-history-of-malware-and-viruses-part-12-by-craig-smallman-sammedia The term computer virus was described in 1984 as ‘a program that can infect other programs by modifying them to include a possibly evolved copy of itself’, yet even before 1984, there were many papers published regarding viruses, even if they InvestmentView Why Chinese fund managers are having a tough time News Aggregation Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28766/why-chinese-fund-managers-are-having-a-tough-time The conclusion is that risk is rising but still within control. InvestmentView Japanese GDP figures flatter to deceive - Schroders News Team Wednesday, May 18, 2016 12:00 am http://www.apbankers.net/article/28745/japanese-gdp-figures-flatter-to-deceive-schroders There are strong rumours that Prime Minister Abe is looking to postpone the next hike in the consumption tax scheduled for April next year. InvestmentView President-elect Duterte invigorates the Philippines News Aggregation Team Monday, May 16, 2016 12:00 am http://www.apbankers.net/article/28659/president-elect-duterte-invigorates-the-philippines A more stable Philippines is adding to the allure of emerging markets around the world. InvestmentView China: "Not as badly broken as some would suggest" - Matt Sheldon, Kleinwort Benson Investors News Team Thursday, May 12, 2016 12:00 am http://www.apbankers.net/article/28574/china-ampquotnot-as-badly-broken-as-some-would-suggestampquot-matt-sheldon-kleinwort-benson-investors “Having visited those driving change in China, I am less confused and increasingly of the belief that the next few years will be stronger than the market currently predicts” InvestmentView China’s Economy: Is There Something We Are Missing ? News Aggregation Team Monday, May 09, 2016 12:00 am http://www.apbankers.net/article/28483/chinaamprsquos-economy-is-there-something-we-are-missing It has taken the market quite some time to come to that conclusion as most people thought the central planners in Beijing were invincible. InvestmentView China debt fears cloud the real picture, says AXA News Aggregation Team Monday, May 09, 2016 12:00 am http://www.apbankers.net/article/28494/china-debt-fears-cloud-the-real-picture-says-axa The main distinction with other developing economies, he says, is that most of the debt load is domestic, meaning little foreign currency exposure. InvestmentView Another financial crisis might come at anytime, NRB Guv News Aggregation Team Thursday, May 05, 2016 12:00 am http://www.apbankers.net/article/28437/another-financial-crisis-might-come-at-anytime-nrb-guv Speaking at a program in capital on Wednesday, Nepal underlined the need for cooperation among all stakeholders to ward off the crisis. InvestmentView Strategically Speaking: Nikko Asset Management News Aggregation Team Thursday, May 05, 2016 12:00 am http://www.apbankers.net/article/28439/strategically-speaking-nikko-asset-management Apart from a few niche investors there is relatively little interest from foreign investors in Japanese equities or fixed income. InvestmentView Why China Is Really Dictating the Oil Supply Glut by Rakesh Upadhyay for Oilprice.com News Team Wednesday, May 04, 2016 12:00 am http://www.apbankers.net/article/28420/why-china-is-really-dictating-the-oil-supply-glut-by-rakesh-upadhyay-for-oilpricecom While the world was speculating about oil prices plunging to $20 and $10 per barrel, China was busy stockpiling its reserves InvestmentView Japanese bank eyes bigger foothold in PH News Team Monday, May 23, 2016 12:00 am http://www.apbankers.net/article/28862/japanese-bank-eyes-bigger-foothold-in-ph BTMU CEO Go Watanabe (Asia and Oceania Region) is not dismissing this possibility but one thing he is sure, if it should come to pass it will be a decision that both banks will reach at the same time, at the right time. Retail Banking HSBC to Close Half of India Branches in Digital Banking Push News Aggregation Team Friday, May 20, 2016 12:00 am http://www.apbankers.net/article/28804/hsbc-to-close-half-of-india-branches-in-digital-banking-push HSBC said it remains committed to India, where it is also shutting its global private-banking operations. Retail Banking SBI plans to merge all associate banks News Aggregation Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28771/sbi-plans-to-merge-all-associate-banks SBI has five associate banks — State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore. Retail Banking Mega International Commercial Bank Wins Big in the Global Brands Awards 2016 News Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28784/mega-international-commercial-bank-wins-big-in-the-global-brands-awards-2016 The annual Global Brands Magazine awards celebrate the best-in-class brands, and Mega International Commercial Bank received plaudits for its performance and branding activities last year. Retail Banking RBS Confirms Exit Of Retail Banking Branches in India News Aggregation Team Monday, May 16, 2016 12:00 am http://www.apbankers.net/article/28700/rbs-confirms-exit-of-retail-banking-branches-in-india The Royal Bank of Scotland will start shutting down its ten branches in India as it exits from the country following an announcement in February 2015. Retail Banking Doha Bank Keen On Growth In India News Aggregation Team Sunday, May 15, 2016 12:00 am http://www.apbankers.net/article/28658/doha-bank-keen-on-growth-in-india The lender is also hedging its bets in India, a net energy importer, at a time when the economies of the Arabian Gulf are being dragged lower by floundering oil prices. Retail Banking Meet the boss: Ubank CEO Lee Hatton News Aggregation Team Sunday, May 15, 2016 12:00 am http://www.apbankers.net/article/28656/meet-the-boss-ubank-ceo-lee-hatton However, Hatton says her customers are very happy to pay for what they want Retail Banking Banks still bet on brick and mortar branches to boost business News Aggregation Team Tuesday, May 10, 2016 12:00 am http://www.apbankers.net/article/28542/banks-still-bet-on-brick-and-mortar-branches-to-boost-business While PSU banks have increased their number of branches by 8-9 per cent annually, private banks have seen 13-14 per cent growth on a smaller base. Retail Banking StanChart moves PHL retail banking business to EastWes News Aggregation Team Monday, May 09, 2016 12:00 am http://www.apbankers.net/article/28482/stanchart-moves-phl-retail-banking-business-to-eastwes The deal is for StanChart to migrate its credit cards, personal loans, wealth management, and retail deposits in the Philippines under EastWest. Retail Banking Is Standard Chartered a rich man’s bank? News Aggregation Team Monday, May 09, 2016 12:00 am http://www.apbankers.net/article/28524/is-standard-chartered-a-rich-manamprsquos-bank This was despite the fact the branch networks operated by most similar-sized banks were about three times larger than that of Standard Chartered. Retail Banking Details of Kingdom’s first double taxation agreement released News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28964/details-of-kingdomamprsquos-first-double-taxation-agreement-released The 34-page document, uploaded on the website of the Inland Revenue Authority of Singapore Tax Black money: India may sign agreements with Swiss banks during PM Modi’s Switzerland visit News Aggregation Team Thursday, May 26, 2016 12:00 am http://www.apbankers.net/article/28926/black-money-india-may-sign-agreements-with-swiss-banks-during-pm-modiamprsquos-switzerland-visit Both countries have stepped up their cooperation on tax matters related to black money allegedly stashed by Indians there. Tax Panama president admits to offshore company in Pakistan and other unbreakable news News Aggregation Team Thursday, May 26, 2016 12:00 am http://www.apbankers.net/article/28938/panama-president-admits-to-offshore-company-in-pakistan-and-other-unbreakable-news He also owns an expensive flat in Karachi. Tax India is shutting down its tax havens: Why this may be a good thing. News Aggregation Team Thursday, May 26, 2016 12:00 am http://www.apbankers.net/article/28939/india-is-shutting-down-its-tax-havens-why-this-may-be-a-good-thing Mauritius has over the years developed and marketed its legal and judicial system Tax Extension of profits tax exemption encourages PE managers to relocate to Hong Kong News Aggregation Team Wednesday, May 25, 2016 12:00 am http://www.apbankers.net/article/28898/extension-of-profits-tax-exemption-encourages-pe-managers-to-relocate-to-hong-kong These full-service management companies will usually need to be SFC licensed. Tax Cayman Islands tax haven holds more Japanese money than ever News Aggregation Team Wednesday, May 25, 2016 12:00 am http://www.apbankers.net/article/28904/cayman-islands-tax-haven-holds-more-japanese-money-than-ever The 74.4 trillion yen figure is larger than the corresponding figures invested in France and Britain, the BOJ statistics showed. Tax Finance Ministry To Conclude Tax Treaty Revision With Singapore, Cyprus In FY17 News Aggregation Team Monday, May 23, 2016 12:00 am http://www.apbankers.net/article/28838/finance-ministry-to-conclude-tax-treaty-revision-with-singapore-cyprus-in-fy17 After revising the tax treaty with Mauritius , the Centre will soon initiate the process of modifying tax agreements with Singapore and Cyprus and hopes to complete the process within the current fiscal so that there is uniformity on capital gains tax wit Tax Leak Scandal: Japan, Panama Agree to Share Data on Offshore Companies News Aggregation Team Monday, May 23, 2016 12:00 am http://www.apbankers.net/article/28851/leak-scandal-japan-panama-agree-to-share-data-on-offshore-companies Japan and Panama have reached an understanding on how to share tax and shell firm data after a scandal involving a Panamanian company that allegedly helped clients evade taxes. Tax Crackdown looms for India's super-rich tax avoiders News Aggregation Team Sunday, May 22, 2016 12:00 am http://www.apbankers.net/article/28831/crackdown-looms-for-indiaamp039s-super-rich-tax-avoiders The numbers are hard to square with the estimated 2,100 ultra-wealthy Indians whose net worth exceeds $50 million Tax Pakistani Laws Facilitate Money Laundering News Aggregation Team Sunday, May 22, 2016 12:00 am http://www.apbankers.net/article/28832/pakistani-laws-facilitate-money-laundering Contrary to the government claims of clamping down on money launderers and tax evaders, Pakistan’s laws facilitate money laundering and tax evasion in a legal manner, tying the hands of the authorities and preventing any tangible action against the Tax Malaysia sovereign fund opens London office as its Europe HQ News Aggregation Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28782/malaysia-sovereign-fund-opens-london-office-as-its-europe-hq The Shard said the fund had agreed a 10-yearlease. Sovereign Wealth Indonesia Turns to Temasek as Model for Sovereign Investment News Aggregation Team Wednesday, May 18, 2016 12:00 am http://www.apbankers.net/article/28732/indonesia-turns-to-temasek-as-model-for-sovereign-investment He is seeking to fast-track infrastructure projects and has pledged to cut red tape to attract businesses. Sovereign Wealth Malaysia's 1MDB defaults on US$1b loan, says Abu Dhabi fund News Aggregation Team Tuesday, April 19, 2016 12:00 am http://www.apbankers.net/article/28062/malaysiaamp039s-1mdb-defaults-on-us1b-loan-says-abu-dhabi-fund An Abu Dhabi sovereign-wealth entity said on Monday that the Malaysian state fund 1MDB had defaulted on US$1.1 billion it owed in a new blow to the scandal-tainted company. Sovereign Wealth Nauru sets up a new trust fund News Aggregation Team Wednesday, April 13, 2016 12:00 am http://www.apbankers.net/article/27921/nauru-sets-up-a-new-trust-fund The Intergenerational Trust Fund will be chaired by the finance minister, David Adeang. Sovereign Wealth Sovereign wealth fund deals down 17 pct in first quarter News Aggregation Team Thursday, April 07, 2016 12:00 am http://www.apbankers.net/article/27788/sovereign-wealth-fund-deals-down-17-pct-in-first-quarter Industry experts said this did not represent a meaningful drop off. Sovereign Wealth Norway's wealth fund axes 11 firms over deforestation News Aggregation Team Monday, March 28, 2016 12:00 am http://www.apbankers.net/article/27613/norwayamp039s-wealth-fund-axes-11-firms-over-deforestation The decision by Norway's US$830 billion (S$1.14 trillion) government pension fund underscores the growing clout the finance sector has in pushing companies to improve their environmental practices. Sovereign Wealth UOB-Temasek fund lends to Thai, Malaysian startups News Aggregation Team Thursday, March 24, 2016 12:00 am http://www.apbankers.net/article/27531/uob-temasek-fund-lends-to-thai-malaysian-startups InnoVen Capital signed venture debt financing deals totaling $5 million with Malaysia-based KFit Holdings, an e-commerce health and fitness company and Thailand-based Pomelo Fashion. Sovereign Wealth Temasek Named Most Active Sovereign Wealth Fund Again News Aggregation Team Monday, March 14, 2016 12:00 am http://www.apbankers.net/article/27274/temasek-named-most-active-sovereign-wealth-fund-again SWFs invested nearly $90 billion in 140 deals during 2014. Sovereign Wealth CIC, Mirvac said to consider Investa Office Fund tilt News Aggregation Team Wednesday, March 09, 2016 12:00 am http://www.apbankers.net/article/27205/cic-mirvac-said-to-consider-investa-office-fund-tilt It's understood the two parties were working on a potential deal over the weekend. Sovereign Wealth Singapore’s Sovereign Wealth Fund GIC Invests $100M In Two Africa-Focused PE Firms News Aggregation Team Monday, March 07, 2016 12:00 am http://www.apbankers.net/article/27141/singaporeamprsquos-sovereign-wealth-fund-gic-invests-100m-in-two-africa-focused-pe-firms The state-owned investment arm said it was investing in Actis Real Estate Fund III that seeks to raise $400 million and RMB Westport’s Real Estate Development Fund II that’s looking for up to $450 million. Sovereign Wealth Australia’s wealthy soar while millions face destitution News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29019/australiaamprsquos-wealthy-soar-while-millions-face-destitution “Today’s uber-rich aren’t just filthy rich, they’re fabulously, filthily rich" Comment, Analysis & Research Rust Report, Australia: Cognizant Study Reveals That Digital Start-Ups are Increasingly Winning the Consumer Trust Battle News Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29023/rust-report-australia-cognizant-study-reveals-that-digital-start-ups-are-increasingly-winning-the-consumer-trust-battle Customers today want faster delivery of services Comment, Analysis & Research Here It Is: Soc Gen's famous chart with the black swans News Aggregation Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29026/here-it-is-soc-genamp039s-famous-chart-with-the-black-swans China also features, with Soc Gen seeing a 30% probability of a hard landing for the world's second-largest economy. Comment, Analysis & Research Indian concerns remain despite good growth News Team Tuesday, May 31, 2016 12:00 am http://www.apbankers.net/article/29029/indian-concerns-remain-despite-good-growth The improvement is roughly in line with that seen in higher frequency data, though we still have our doubts over the level of growth. Comment, Analysis & Research Moody's: China's authorities have the tools to avert a financial crisis, but erosion of credit quality is likely over the medium term News Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28954/moodyamp039s-chinaamp039s-authorities-have-the-tools-to-avert-a-financial-crisis-but-erosion-of-credit-quality-is-likely-over-the-medium-term However, financial liberalization—particularly of China's capital account—could weaken the authorities' ability to manage systemic risks. Comment, Analysis & Research There's soft profit growth ahead for Australian banks News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28955/thereamp039s-soft-profit-growth-ahead-for-australian-banks Bad debts are also on the rise. Comment, Analysis & Research Why China's Largest Bank Just Bought a Massive Gold Vault News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28972/why-chinaamp039s-largest-bank-just-bought-a-massive-gold-vault China's largest bank just extended its reach in the gold market. Comment, Analysis & Research Australia's debt problem looks worse than China's, says Morgan Stanley News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28974/australiaamp039s-debt-problem-looks-worse-than-chinaamp039s-says-morgan-stanley Calculations by the investment bank show Australia last year used up more than $9 of debt for every $1 of extra gross domestic product, which is around three times more than the debt needed to produce the same amount of growth in the US economy. Comment, Analysis & Research Investor trust in advisers climbs, survey shows News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28982/investor-trust-in-advisers-climbs-survey-shows When it came to understanding their superannuation, 62 per cent of investors said seeking advice was a "key way" to achieve this. Comment, Analysis & Research HNW investors value role of advisers News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28985/hnw-investors-value-role-of-advisers The Legg Mason 2016 Global Investment Survey revealed that a growing number of Australians are seeking financial advice and place a considerable amount of trust in that advice. Legg Mason surveyed 4,103 high net worth investors aged from 40 to 75 (" Comment, Analysis & Research AMMB's 4Q net profit down 46% News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28953/ammbamp039s-4q-net-profit-down-46 Reduction in earnings for current financial year ended 31 March 2016 was mainly due to lower income. Company Results Maybank’s results below expectations due to chunky provisioning News Aggregation Team Monday, May 30, 2016 12:00 am http://www.apbankers.net/article/28994/maybankamprsquos-results-below-expectations-due-to-chunky-provisioning The research house said Maybank’s first quarter net profit fell 16.1% year-on-year, dragged down by a 248.8% year-on-year jump in LLP. Company Results Hong Leong Bank Q3 net profit dips News Aggregation Team Thursday, May 26, 2016 12:00 am http://www.apbankers.net/article/28922/hong-leong-bank-q3-net-profit-dips Despite the lower earnings, HLB has proposed a second interim dividend of 25 sen per share. Company Results Confidence wanes in Malaysia govt-backed 1MDB bonds News Aggregation Team Tuesday, May 24, 2016 12:00 am http://www.apbankers.net/article/28887/confidence-wanes-in-malaysia-govt-backed-1mdb-bonds The contrast reflects growing investor concern about the Malaysian government's backing as it grapples with an economy forecast to expand at its slowest pace in seven years amid a collapse in oil prices. Company Results Nikko Asset Management NZ grows AUM to over $5 billion News Aggregation Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28772/nikko-asset-management-nz-grows-aum-to-over-5-billion Retail investors access Nikko Asset Management NZ’s funds through Authorised Financial Advisers or RaboDirect. Company Results Ageas Asia First Quarter Gross Inflows Up 14% News Team Thursday, May 19, 2016 12:00 am http://www.apbankers.net/article/28793/ageas-asia-first-quarter-gross-inflows-up-14 Announcing the 3 months 2016 results, Gary Crist, Chief Executive Officer of Ageas Asia commented: "Ageas Asia's 3 months 2016 results were marked by continued strong performance in the region. Company Results Indonesia's Bank Permata Jumps on Talk of BNI Buy-In News Aggregation Team Wednesday, May 18, 2016 12:00 am http://www.apbankers.net/article/28760/indonesiaamp039s-bank-permata-jumps-on-talk-of-bni-buy-in Shares of Indonesia's Bank Permata surged as much as 14.3 percent on Thursday as traders speculated that Bank Negara Indonesia may buy a stake. Company Results PNB Reports Q4 Loss Of Rs 5,370 Crore, Biggest In Indian Banking History News Aggregation Team Wednesday, May 18, 2016 12:00 am http://www.apbankers.net/article/28761/pnb-reports-q4-loss-of-rs-5370-crore-biggest-in-indian-banking-history Punjab National Bank on Wednesday reported a net loss of Rs 5,370 crore in the March quarter. Company Results Emerging-market, energy woes hit home for Japanese banks News Aggregation Team Tuesday, May 17, 2016 12:00 am http://www.apbankers.net/article/28723/emerging-market-energy-woes-hit-home-for-japanese-banks Slowing overseas economies hit the banks hard. Company Results Mizuho Sees Profit Falling 11% as Negative Rates Hit Margins News Aggregation Team Monday, May 16, 2016 12:00 am http://www.apbankers.net/article/28647/mizuho-sees-profit-falling-11-as-negative-rates-hit-margins The Tokyo-based companies are the first of Japan’s three biggest banks to indicate how earnings this fiscal year will be dented by the Bank of Japan’s January decision to start charging lenders for some of their excess reserves parked at the i Company Results