The Asia Pacific Banking News Network http://www.apbankers.net/ Wed, 28 Jan 2015 09:06:53 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Coming investment boom not just for Asian managers News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18842/coming-investment-boom-not-just-for-asian-managers Local money managers in Asia will benefit as Asian investors come to account for an ever-larger slice of the global wealth pie, but big U.S. and European players could be poised to gain even more. Wealth and Asset Management Manulife Singapore unveils HNWI fund range News Aggregation Team Sunday, January 25, 2015 12:00 am http://www.apbankers.net/article/18821/manulife-singapore-unveils-hnwi-fund-range Manulife Singapore has introduced a three products to cater for high-net worth individuals. Wealth and Asset Management Investors urge Standard Chartered to replace boss News Aggregation Team Sunday, January 25, 2015 12:00 am http://www.apbankers.net/article/18824/investors-urge-standard-chartered-to-replace-boss Two of the bank's investors have told its chairman to find a replacement for Peter Sands Wealth and Asset Management UBS' Smiles Tells Asia's Wealthy to Diversify -- Barron's Asia News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18819/ubsamp039-smiles-tells-asiaamp039s-wealthy-to-diversify-barronamp039s-asia UBS Wealth Management put out a note to its private bank clients detailing how the move would hurt Switzerland's growth and the stocks of Swiss companies dependent on revenues in other currencies. Wealth and Asset Management Growing numbers of ‘super rich’ will need generalist advice News Aggregation Team Thursday, January 22, 2015 12:00 am http://www.apbankers.net/article/18783/growing-numbers-of-amplsquosuper-richamprsquo-will-need-generalist-advice Australia's growing number of ultra-high net worth individuals (UHNWIs) will require financial advisors with generalist - not just investment - knowledge, a new report reveals. Wealth and Asset Management Intesa Sanpaolo's private bank plan may save divi News Aggregation Team Thursday, January 22, 2015 12:00 am http://www.apbankers.net/article/18795/intesa-sanpaoloamp039s-private-bank-plan-may-save-divi Italy is rarely top of mind as a private banking destination, though plenty of local lenders and insurers ply their trade in its over-banked market. Wealth and Asset Management Wealth management products may open backdoor to Shanghai bourse News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18749/wealth-management-products-may-open-backdoor-to-shanghai-bourse Mainland equities plunged Monday after three of China's biggest brokerages were suspended from loaning money to new equity trading clients. Wealth and Asset Management Asian Tycoons Take Note of Li Ka-shing’s Property Move News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18769/asian-tycoons-take-note-of-li-ka-shingamprsquos-property-move This city may have some of the world’s highest real-estate prices, but the bulky conglomerates that house property holdings often trade well below the value of their assets. Wealth and Asset Management UHNWIs market in Asia – banks struggle to target Asia’s ultra-wealthy News Aggregation Team Tuesday, January 20, 2015 12:00 am http://www.apbankers.net/article/18717/uhnwis-market-in-asia-ampndash-banks-struggle-to-target-asiaamprsquos-ultra-wealthy The number of billionaires rose 7% last year, to 2,325 creating a new record of ultra high net worth individuals (or UHNWIs) Wealth and Asset Management Now Hiring: Family Offices in Asia News Aggregation Team Monday, January 19, 2015 12:00 am http://www.apbankers.net/article/18706/now-hiring-family-offices-in-asia As a vehicle for wealth management, the family office is still relatively new in Asia, but that’s now changing. Opportunities abound for managing this family wealth. Wealth and Asset Management Bosera founder to join Zheshang Fund News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18887/bosera-founder-to-join-zheshang-fund Mr. Xiao is said to have been named as chairman of Zheshang Executive Moves KOFIA names ex KB head as chairman News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18888/kofia-names-ex-kb-head-as-chairman KOFIA is an industry association for securities and asset management companies in Korea Executive Moves Manulife AM names CIO, fixed income, Asia (ex-Japan) News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18889/manulife-am-names-cio-fixed-income-asia-ex-japan Manulife Asset Management in Asia has about 60 fixed-income investment employees who work in 10 markets and oversee $45 billion, including holdings in Japan. Executive Moves Mawson West Appoints Non-Executive Director News Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18865/mawson-west-appoints-non-executive-director Upon the completion of the equity financing with Galena Asset Management S.A ("Galena") on 18 December 2014 Executive Moves GroupM Indonesia appoints new chief investment officer News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18869/groupm-indonesia-appoints-new-chief-investment-officer His ability to drive forward our trading agenda whilst also building very strong relationships both locally and regionally has been really impressive. Executive Moves How to change banking jobs in Asia without losing too many clients News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18830/how-to-change-banking-jobs-in-asia-without-losing-too-many-clients If you are thinking of joining a new private bank in Singapore or Hong Kong after pocketing your bonus this quarter, here’s are some tips on how you might convince your clients to come on board. Executive Moves Attention Fired Bankers in Hong Kong: Haitong Wants You News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18844/attention-fired-bankers-in-hong-kong-haitong-wants-you It’s not all doom and gloom for people who lost their jobs at financial firms in Hong Kong this year Executive Moves Minerva strengthens Global Business Development team News Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18845/minerva-strengthens-global-business-development-team Based in the UK and traveling to both India and the Gulf regularly, Sean’s prime responsibility will be to work closely with Minerva’s global offices in order to grow the London, GCC and India client base through his extensive professional con Executive Moves CFA names new president and chief executive News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18804/cfa-names-new-president-and-chief-executive He has more than 30 years of leadership experience in the asset management industry, including over 18 years in Asia. Executive Moves UBS Global Asset Management hires industry veteran from rival News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18809/ubs-global-asset-management-hires-industry-veteran-from-rival The Swiss bank’s asset management unit has appointed industry veteran Julie Koo in a new role as head of institutional distribution for Asia Pacific. Executive Moves Zeti: No one single entity will pose systemic risk News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18894/zeti-no-one-single-entity-will-pose-systemic-risk Zeti was speaking to reporters after a signing ceremony Legal, Regulation & Compliance Hedge funds unsure over Basel III impact News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18900/hedge-funds-unsure-over-basel-iii-impact While full implementation of capital requirement regulations could have a major effect on hedge fund financing, one in three are unaware of the potential impact, finds a new survey. Legal, Regulation & Compliance Liquidators eye Ponzi investors News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18859/liquidators-eye-ponzi-investors Backers who were paid out before scheme folded could face attempt to claw back $2m Legal, Regulation & Compliance OJK to regulate capital News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18871/ojk-to-regulate-capital The OJK is reviewing the best format to measure consolidated minimum capital requirements, according to OJK commissioner on banking supervision Nelson Tampubolon. Legal, Regulation & Compliance Foreign Law Firms Face Pressure in China News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18880/foreign-law-firms-face-pressure-in-china Lawyers Compete Not Only With Each Other, but Also 19,000 Chinese Firms Legal, Regulation & Compliance Dentons to Merge With Dacheng of China to Create World’s Largest Law Firm News Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18881/dentons-to-merge-with-dacheng-of-china-to-create-worldamprsquos-largest-law-firm The multinational law firm Dentons announced on Tuesday that it would merge with the Dacheng Law Offices of China, creating a firm with the world’s largest number of lawyers. Legal, Regulation & Compliance Kaisa fallout hangs over China trust industry News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18833/kaisa-fallout-hangs-over-china-trust-industry Regulator under pressure to act as distressed Shenzhen property developer Kaisa faces court action from at least five trust companies attempting to seize its assets. Legal, Regulation & Compliance Southeast Asian Bitcoin Site Charged With Securities Fraud News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18860/southeast-asian-bitcoin-site-charged-with-securities-fraud An undercover agent e-mailed the site and was told he “could not lose money in the investment Legal, Regulation & Compliance Spotlight: Chinese premier's Switzerland trip further develops bilateral ties, cooperation News Team Sunday, January 25, 2015 12:00 am http://www.apbankers.net/article/18823/spotlight-chinese-premieramp039s-switzerland-trip-further-develops-bilateral-ties-cooperation Chinese Premier Li Keqiang's presence at the annual meeting of the World Economic Forum and visit to Switzerland further promoted bilateral ties to a new level, and injected new conceptions into the cooperation. Legal, Regulation & Compliance Appleby Lawyer Receives 2014 Hong Kong Deal Maker of The Year Award News Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18810/appleby-lawyer-receives-2014-hong-kong-deal-maker-of-the-year-award Appleby Associate Vincent Chan has recently received the 2014 Hong Kong Deal Maker of the Year Award presented by Finance Monthly. Legal, Regulation & Compliance AGDelta and Global Banks Create iTunes Style Offering for Wealth Industry News Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18873/agdelta-and-global-banks-create-itunes-style-offering-for-wealth-industry This initiative targets to swiftly address the significant cost pressures, inefficiencies, lack of open standards and transparency that plague private banks and wealth management firms when sourcing, quoting and transacting wealth investment products sinc BankTech Avaloq Sourcing Asia Pacific names head of risk & compliance News Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18849/avaloq-sourcing-asia-pacific-names-head-of-risk-ampamp-compliance Most recently he was the Senior Global Technology & Operations Auditor for Deutsche Bank Singapore, with regional responsibility and coordination of Private Wealth & Asset Management (AWM) and Private Business Clients (PBC) in Asia. BankTech Clearstream offers JGB triparty trading solution News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18854/clearstream-offers-jgb-triparty-trading-solution Clearstream has collaborated with Sumitomo Mitsui Banking Corporation (SMBC) to develop a collateral management service for their mutual customers BankTech The nine best technology careers in Asian banking this year News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18802/the-nine-best-technology-careers-in-asian-banking-this-year The demand for project managers is mainly at the mid-levels BankTech Singapore’s demand for IT talent up across most industries News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18750/singaporeamprsquos-demand-for-it-talent-up-across-most-industries Although several large foreign banks chose to offshore technical roles, this was countered by other organizations entering the market to take advantage of Singapore's wealth of talent. BankTech China’s Alibaba makes first investment in Israeli firm News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18758/chinaamprsquos-alibaba-makes-first-investment-in-israeli-firm Alibaba and Visualead have also entered into a strategic cooperation agreement, the statement said, but gave no figure for the investment. BankTech ICICI Bank India launches Twitter banking News Aggregation Team Tuesday, January 20, 2015 12:00 am http://www.apbankers.net/article/18729/icici-bank-india-launches-twitter-banking Estimates on the number of Twitter users in India vary from 82 million users BankTech oti WAVE NFC Payment Solution Adopted by Taiwanese Banking Consortium News Team Tuesday, January 20, 2015 12:00 am http://www.apbankers.net/article/18747/oti-wave-nfc-payment-solution-adopted-by-taiwanese-banking-consortium oti Channel Partner, Tradelink Electronic Commerce, to Deliver WAVE as Part of Major Mobile Payment Deployment in Taiwan BankTech Deregulation For Internet Banks Financial Regulations to be Eased for Internet-primary Banks News Aggregation Team Monday, January 19, 2015 12:00 am http://www.apbankers.net/article/18701/deregulation-for-internet-banks-financial-regulations-to-be-eased-for-internet-primary-banks The Korean government is looking to relax banking-commerce separation regulations for Internet-primary banks, referring to Japan's example BankTech Direct banking services still face challenges in China News Aggregation Team Monday, January 19, 2015 12:00 am http://www.apbankers.net/article/18710/direct-banking-services-still-face-challenges-in-china Launch of first internet bank expected to pave way for online accounts and other services but sector sees problems in attracting consumers BankTech Ex-Dalton fund manager readies March launch for Asia hedge fund News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18884/ex-dalton-fund-manager-readies-march-launch-for-asia-hedge-fund The fund has capacity to take in $1 billion Alternative Investments Asia’s Top-Performing Hedge Fund Bullish About China Insurers News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18890/asiaamprsquos-top-performing-hedge-fund-bullish-about-china-insurers Monetary easing in China will help bolster investment-linked insurance sales Alternative Investments China’s Anbang one step closer to setting up fund manager News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18891/chinaamprsquos-anbang-one-step-closer-to-setting-up-fund-manager CIRC has agreed for Anbang to allocate 500 million RMB Alternative Investments RHB Capital to restart capex-intensive projects: CIMB Research News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18893/rhb-capital-to-restart-capex-intensive-projects-cimb-research The banking group's customer-centric business growth will focus on driving domestic and regional growth Alternative Investments Cromwell acquires Valad Europe News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18895/cromwell-acquires-valad-europe Cromwell chief executive Paul Weightman said the acquisition of Valad Europe presents an opportunity to acquire a successful funds management platform. Alternative Investments Alibaba Private Bank To Launch In First Half of 2015 News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18899/alibaba-private-bank-to-launch-in-first-half-of-2015 Separately, Yu announced that the financial affiliate has won a 500 million yuan loan Alternative Investments BNY Mellon IM seeks alts, equities staff News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18901/bny-mellon-im-seeks-alts-equities-staff The US firm wants to add specialist expertise and is also looking for sub-advisory partners, says Asia-Pacific chief Alan Harden. Alternative Investments Samsung launches first Hong Kong futures ETFs News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18856/samsung-launches-first-hong-kong-futures-etfs Korea’s Samsung Asset Management (Samsung AM) is set to launch two first-of-their-kind futures ETFs on the Hong Kong Stock Exchange (HKEx) on February 11 Alternative Investments Hong Kong’s The Link makes first property development play News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18857/hong-kongamprsquos-the-link-makes-first-property-development-play The Link REIT, Hong Kong’s first listed REIT and Asia’s largest Alternative Investments AMP Capital taps strategic partners for targeted growth in Asia News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18858/amp-capital-taps-strategic-partners-for-targeted-growth-in-asia AMP Capital is focused on tie-ups with “national champions” in the region’s biggest savings pools of Australia, Japan and China Alternative Investments After megabank flop, CIMB Islamic plans microloans News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18875/after-megabank-flop-cimb-islamic-plans-microloans CIMB Islamic Bank Bhd. plans to start offering microloans in Malaysia as it seeks new growth avenues after delaying plans to create a Shariah-compliant megabank. Islamic Finance The Time is Now for Japan and Islamic Finance News Aggregation Team Sunday, January 25, 2015 12:00 am http://www.apbankers.net/article/18822/the-time-is-now-for-japan-and-islamic-finance The competition for investments from cash-rich Gulf and Asian investors is fierce. Islamic Finance Malaysia's Cagamas to seek new investors for first non-ringgit sukuk News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18814/malaysiaamp039s-cagamas-to-seek-new-investors-for-first-non-ringgit-sukuk Malaysia's Cagamas Bhd will target new investors across the Middle East and Europe for its first foreign currency sukuk this year. Islamic Finance Demand grows for Islamic finance professionals News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18779/demand-grows-for-islamic-finance-professionals Will need 1 million people with Islamic finance knowledge by 2020 Islamic Finance Emerging Markets vs. Sharia Law News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18656/emerging-markets-vs-sharia-law It’s easy to overlook Brunei, a country smaller than Delaware located on the north side of Borneo, population 412,000. Islamic Finance Stalled merger puts the brakes on Islamic megabank dream News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18658/stalled-merger-puts-the-brakes-on-islamic-megabank-dream Malaysia's dream of forming an Islamic megabank to accelerate industry development remains just that. Islamic Finance BoK committed to cater Islamic banking requirements News Aggregation Team Wednesday, January 14, 2015 12:00 am http://www.apbankers.net/article/18616/bok-committed-to-cater-islamic-banking-requirements Khyber Pakhtunkhwa Minister for Finance Muzaffar Said has said that Islam is a complete code of life and our prosperity is in compliance of Islamic Code of Finances, our society can flourish only and only when we adopt that Islamic ways in our daily life Islamic Finance Burj-NBP deal on the cards? News Aggregation Team Monday, January 12, 2015 12:00 am http://www.apbankers.net/article/18587/burj-nbp-deal-on-the-cards The banking sector enters 2015 promising more deal-making activities. Islamic Finance Hong Kong government's US$1 billion Sukuk wins FinanceAsia and Asiamoney awards News Team Sunday, January 11, 2015 12:00 am http://www.apbankers.net/article/18562/hong-kong-governmentamp039s-us1-billion-sukuk-wins-financeasia-and-asiamoney-awards This was the first Sukuk issued by the Government of the HKSAR Government and the first issuance under recently implemented Sukuk legislation in Hong Kong. Islamic Finance Islamic financial services: SBP to launch 3rd FICF round on January 9 News Aggregation Team Thursday, January 08, 2015 12:00 am http://www.apbankers.net/article/18527/islamic-financial-services-sbp-to-launch-3rd-ficf-round-on-january-9 State Bank of Pakistan will launch the 3rd Financial Innovation Challenge Fund (FICF) round on 9th January 2015, in Islamabad. Islamic Finance Standard Chartered steps up hunt for new CEO News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18855/standard-chartered-steps-up-hunt-for-new-ceo Incumbent Peter Sands has been blamed by investors for not responding fast enough to a reversal of bank’s fortunes Investment Banking NAB banking on increasing its business lending News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18870/nab-banking-on-increasing-its-business-lending National Australia Bank looks set to further bulk up its investment in business banking, as it seeks to fend off an attack from rivals betting on a rebound in borrowing. Investment Banking European banks bail from Australian lending market News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18846/european-banks-bail-from-australian-lending-market European banks slashed their exposure to Australia's economy by more than $US30 billion in the year to September Investment Banking Investment bank fees soar to seven-year high, led by JP Morgan News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18764/investment-bank-fees-soar-to-seven-year-high-led-by-jp-morgan Investment banking fees surged to a seven-year high of $90.1 billion in 2014, driven by deals in North Asia and Southern Europe, with the huge North American market offering ballast in a sector increasingly expected to see some wobbles this year. Investment Banking Barclays Adding Malaysia Sukuk to Index Draws $3 Billion News Aggregation Team Tuesday, January 20, 2015 12:00 am http://www.apbankers.net/article/18738/barclays-adding-malaysia-sukuk-to-index-draws-3-billion The average yield on 10-year Malaysian sovereign sukuk is 4.23 percent, compared with 3.93 percent for non-Islamic notes of the same maturity, Bank Negara gauges show. Investment Banking Asia punches its weight for Citi once again News Aggregation Team Monday, January 19, 2015 12:00 am http://www.apbankers.net/article/18711/asia-punches-its-weight-for-citi-once-again Citi missed analyst estimates for group fourth-quarter earnings Investment Banking HDFC Bank, SBI now among top 50 most-valued global banks News Aggregation Team Sunday, January 18, 2015 12:00 am http://www.apbankers.net/article/18685/hdfc-bank-sbi-now-among-top-50-most-valued-global-banks Sharp rally in their stocks propel rankings; 4 Chinese banks figure among top 10 Investment Banking NAB stock the pick of the bunch but overall outlook for banks uncertain News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18639/nab-stock-the-pick-of-the-bunch-but-overall-outlook-for-banks-uncertain NAB has already started the year on the front foot Investment Banking Investment banks need to get with the IT crowd News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18646/investment-banks-need-to-get-with-the-it-crowd Technological disruption has become the norm for many industries. Investment Banking S&P lowers RHB Bank, RHB Investment Bank outlook to negative News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18661/sampampp-lowers-rhb-bank-rhb-investment-bank-outlook-to-negative We may revise the outlook to stable if the risk from rising home prices diminishes Investment Banking Islamic banking: Now is a better time than ever for women to enter the industry, says head of investment firm News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18885/islamic-banking-now-is-a-better-time-than-ever-for-women-to-enter-the-industry-says-head-of-investment-firm They said they might not be so accepting of a woman on the desk InvestmentView Coming investment boom not just for Asian managers News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18866/coming-investment-boom-not-just-for-asian-managers Local money managers in Asia will benefit as Asian investors come to account for an ever-larger slice of the global wealth pie, but big U.S. and European players could be poised to gain even more. InvestmentView Hong Kong’s ties to China: good or bad? News Aggregation Team Thursday, January 22, 2015 12:00 am http://www.apbankers.net/article/18785/hong-kongamprsquos-ties-to-china-good-or-bad The city’s increasingly close relationship with the mainland has both positive and negative repercussions for the city, heard the Asian Financial Forum. InvestmentView Bank sees slower S'pore growth in 2015 News Aggregation Team Sunday, December 14, 2014 12:00 am http://www.apbankers.net/article/18144/bank-sees-slower-samp039pore-growth-in-2015 Growth will be slower next year as manufacturers continue to struggle with restructuring and exporters deal with the uneven global economy, Bank of America Merrill Lynch said yesterday. InvestmentView Hong Kong wants to be a platform for trade with China and Far East News Aggregation Team Sunday, December 14, 2014 12:00 am http://www.apbankers.net/article/18148/hong-kong-wants-to-be-a-platform-for-trade-with-china-and-far-east UAE has huge scope for utilising offshore renminbi settlements and bond market InvestmentView Japan can get better financial positioning in Int'l market through Islamic Finance News Team Friday, December 12, 2014 12:00 am http://www.apbankers.net/article/18129/japan-can-get-better-financial-positioning-in-intamp039l-market-through-islamic-finance Islamic Finance is not only confined in Muslim countries now but Non-Muslim countries also getting ample benefits from it. InvestmentView BlackRock Investment Institute’s 2015 Investment Outlook News Team Wednesday, December 10, 2014 12:00 am http://www.apbankers.net/article/18082/blackrock-investment-instituteamprsquos-2015-investment-outlook The Outlook, "Dealing with Divergence," explores the Institute's main economic assumptions, top investment ideas and views on likely cross currents for 2015. InvestmentView Asian foot-dragging leaves taxpayers on hook for bank bail-outs News Aggregation Team Tuesday, December 09, 2014 12:00 am http://www.apbankers.net/article/18036/asian-foot-dragging-leaves-taxpayers-on-hook-for-bank-bail-outs Asia's financial regulators are dragging their feet on implementing measures to protect taxpayers from big bank failures, leaving governments on the hook for bail-outs and potentially forcing large global lenders to exit some markets. InvestmentView Hong Kong extending reach as funds domicile News Aggregation Team Tuesday, December 09, 2014 12:00 am http://www.apbankers.net/article/18045/hong-kong-extending-reach-as-funds-domicile A recent example of this was the September approval of only the second HK-domiciled ETF for sale to Chilean pensions. InvestmentView AMP Capital’s outlook for real assets in 2015 News Team Tuesday, December 09, 2014 12:00 am http://www.apbankers.net/article/18058/amp-capitalamprsquos-outlook-for-real-assets-in-2015 AMP Capital, a long-term investor in real assets, expects further demand for prime real estate and infrastructure assets in 2015 as institutional investors such as global pension funds, insurers and sovereign wealth funds continue to search for more consi InvestmentView China's UnionPay International signs agreement with Croatian bank News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18897/chinaamp039s-unionpay-international-signs-agreement-with-croatian-bank PBZ is the first Croatian bank to welcome China UnionPay cards Retail Banking Union Bank to open branch in Sydney News Aggregation Team Sunday, January 25, 2015 12:00 am http://www.apbankers.net/article/18827/union-bank-to-open-branch-in-sydney The Union Bank of India will open its branch in Sydney by the end of this month Retail Banking Everyone Wants to Be China's LendingClub. That Sounds Risky News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18803/everyone-wants-to-be-chinaamp039s-lendingclub-that-sounds-risky Htite, an American who grew up in Montreal, was a co-founder of the world’s largest online loan broker Retail Banking VPBank Wins 2014 IFM Award for 'Best Commercial Bank, Vietnam' News Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18770/vpbank-wins-2014-ifm-award-for-amp039best-commercial-bank-vietnamamp039 As one of the earliest-established joint-stock commercial banks in Vietnam, VPBank has achieved steady development throughout its history. Retail Banking Pressure mounts on NAB chief to beef up business division News Aggregation Team Friday, January 16, 2015 12:00 am http://www.apbankers.net/article/18669/pressure-mounts-on-nab-chief-to-beef-up-business-division The figure is four times the 100 business bankers Mr Thorburn pledged to add at the full-year result in October. Retail Banking BSP sees fewer banks closing News Aggregation Team Friday, January 16, 2015 12:00 am http://www.apbankers.net/article/18670/bsp-sees-fewer-banks-closing Bangko Sentral ng Pilipinas expects fewer banks to close this year, after it extended by another year a program that aims to strengthen rural and thrift lenders. Retail Banking Asian bank seeks entry into Philippine market News Aggregation Team Wednesday, January 14, 2015 12:00 am http://www.apbankers.net/article/18626/asian-bank-seeks-entry-into-philippine-market The new law’s implementing rules and regulations were approved by the policymaking Monetary Board in November last year Retail Banking RBS likely to scale down its presence in India, to focus on growth in UK News Aggregation Team Tuesday, January 13, 2015 12:00 am http://www.apbankers.net/article/18597/rbs-likely-to-scale-down-its-presence-in-india-to-focus-on-growth-in-uk The Reserve Bank of India had objected to RBS operating ABN AMRO's Indian business under two entities Retail Banking RBS Said to Weigh Sale of Asia Corporate Banking Business News Aggregation Team Sunday, January 11, 2015 12:00 am http://www.apbankers.net/article/18569/rbs-said-to-weigh-sale-of-asia-corporate-banking-business The bank has about 2,000 employees in the Asia-Pacific region that could be affected Retail Banking BRI Plans Huge 2015 Spending News Aggregation Team Thursday, January 08, 2015 12:00 am http://www.apbankers.net/article/18533/bri-plans-huge-2015-spending Bank Rakyat Indonesia, Indonesia’s biggest micro lender, plans to boost capital expenditure by 66 percent this year as it seeks to improve its IT services and woo more customers in remote areas through branchless banking services. Retail Banking Double Tax Avoidance Deal With Sri Lanka Proposed News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18817/double-tax-avoidance-deal-with-sri-lanka-proposed Fiji has proposed a Double Taxation Avoidance Agreement with Sri Lanka. Tax Searching Black money is like peeling onion News Aggregation Team Thursday, January 22, 2015 12:00 am http://www.apbankers.net/article/18797/searching-black-money-is-like-peeling-onion The issue of Indians hoarding black money in Swiss Bank and in other tax havens has been a political issue for so many years. Tax U.S. and China Team Up to Launch Global Tax System News Aggregation Team Sunday, January 18, 2015 12:00 am http://www.apbankers.net/article/18700/us-and-china-team-up-to-launch-global-tax-system In the world of offshore asset protection and personal finance, you regularly come across the claim that there are only two countries that actively tax their residents’ worldwide income: the United States and Eritrea. Tax ATO clamps down on super rich tax dodge News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18638/ato-clamps-down-on-super-rich-tax-dodge It identified over $300 million in untaxed liabilities and recovered $105 million. Tax Over 1,000 entities under scanner as Sebi widens tax evasion, money laundering probe News Aggregation Team Tuesday, December 30, 2014 12:00 am http://www.apbankers.net/article/18383/over-1000-entities-under-scanner-as-sebi-widens-tax-evasion-money-laundering-probe Sebi is focussing on securities market related violations by these individuals and companies Tax Tax amnesty for firms with big foreign funds? News Aggregation Team Monday, December 29, 2014 12:00 am http://www.apbankers.net/article/18365/tax-amnesty-for-firms-with-big-foreign-funds A leading business lobby with strong ties to the administration of President Joko Widodo has called for a tax amnesty Tax Tax amnesty for firms with big foreign funds? News Aggregation Team Monday, December 29, 2014 12:00 am http://www.apbankers.net/article/18392/tax-amnesty-for-firms-with-big-foreign-funds The government still maintains a list of the companies and individuals that fled with the money, and has prosecuted only a handful. Tax The Less Taxing Way Asia’s Rich Invest in ETFs News Aggregation Team Wednesday, December 24, 2014 12:00 am http://www.apbankers.net/article/18318/the-less-taxing-way-asiaamprsquos-rich-invest-in-etfs European-listed ETFs are popular with Asian investors wanting to avoid tax headaches. Tax Taiwan-Austria double taxation avoidance pact to take effect Jan. 1 News Aggregation Team Friday, December 19, 2014 12:00 am http://www.apbankers.net/article/18269/taiwan-austria-double-taxation-avoidance-pact-to-take-effect-jan-1 After Austria finishes its final legal procedures, "the agreement is set to take effect Jan. 1, 2015," he said at a regular news conference. Tax Govt renegotiating tax treaties to curb illicit wealth flows News Aggregation Team Wednesday, December 17, 2014 12:00 am http://www.apbankers.net/article/18214/govt-renegotiating-tax-treaties-to-curb-illicit-wealth-flows The comments come at a time when the Supreme Court- constituted Special Investigation Team (SIT) has detected funds Tax Malaysia’s Khazanah Got Aboard The Alibaba Gravy Train News Aggregation Team Thursday, January 15, 2015 12:00 am http://www.apbankers.net/article/18641/malaysiaamprsquos-khazanah-got-aboard-the-alibaba-gravy-train Khazanah, the Malay word for treasure, is also the name of Malaysia’s sovereign wealth fund Sovereign Wealth Sovereign-Wealth Funds Went Full Steam Ahead Direct Investing in 2014 News Aggregation Team Wednesday, January 07, 2015 12:00 am http://www.apbankers.net/article/18513/sovereign-wealth-funds-went-full-steam-ahead-direct-investing-in-2014 Sovereign-wealth funds have been an increasingly aggressive force in the merger and acquisition arena by making multibillion-dollar acquisitions on their own as opposed to paying fees for others to invest on their behalf. Sovereign Wealth RetireAustralia bought by NZ Super Fund, Infratil News Aggregation Team Monday, December 29, 2014 12:00 am http://www.apbankers.net/article/18363/retireaustralia-bought-by-nz-super-fund-infratil New Zealand's sovereign wealth fund has teamed with an asset manager to buy out one of Australia's largest retirement village operators. Sovereign Wealth Middle East Wealth Funds To Actively Invest In 2015 News Aggregation Team Sunday, November 30, 2014 12:00 am http://www.apbankers.net/article/17829/middle-east-wealth-funds-to-actively-invest-in-2015 Sovereign wealth funds in the region are investing more in emerging markets such as Africa and China as they shift away from Western markets. Sovereign Wealth Defusing the Fiscal Timebomb - Standard Life Investments News Team Wednesday, November 26, 2014 12:00 am http://www.apbankers.net/article/17718/defusing-the-fiscal-timebomb-standard-life-investments More generally, countries should look to boost long-term growth rates by accelerating structural reforms aimed at boosting productivity. Sovereign Wealth Singapore GIC to invest in Indonesia News Aggregation Team Tuesday, November 25, 2014 12:00 am http://www.apbankers.net/article/17713/singapore-gic-to-invest-in-indonesia The country's new president Joko Widodo has pledged to cut red tape to attract more foreign investors and strengthen the economy. Sovereign Wealth KIC to retain BOA stake for time being: chief News Aggregation Team Monday, November 24, 2014 12:00 am http://www.apbankers.net/article/17689/kic-to-retain-boa-stake-for-time-being-chief KIC has been facing strong backlash from opposition party lawmakers for its US$2 billion investment in Merrill Lynch in 2008 before the financial firm was merged with BoA. Sovereign Wealth 1MDB Criticized by Lawmakers Before Sukuk Sale: Islamic Finance News Aggregation Team Wednesday, November 19, 2014 12:00 am http://www.apbankers.net/article/17556/1mdb-criticized-by-lawmakers-before-sukuk-sale-islamic-finance The fund, which counts Prime Minister Najib Razak as chairman of its advisory board, attracted criticism last year over fees and profits made by Goldman Sachs Group Inc. for arranging a $3 billion bond. Sovereign Wealth Frontier sovereigns eye Thai bonds News Aggregation Team Saturday, November 08, 2014 12:00 am http://www.apbankers.net/article/17332/frontier-sovereigns-eye-thai-bonds This will appeal mainly to high-net worth investors and a small group of funds able to book unrated assets. Sovereign Wealth GIC closes in on $8 billion IndCor deal News Aggregation Team Thursday, November 06, 2014 12:00 am http://www.apbankers.net/article/17276/gic-closes-in-on-8-billion-indcor-deal GIC is pressing ahead to raise its exposure to global property investments Sovereign Wealth Hong Kong financial sector lacks human capital News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18883/hong-kong-financial-sector-lacks-human-capital Hong Kong’s financial services industry is suffering from a deficit in human capital Research Gen Y saving habits reveal advice opportunity News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18903/gen-y-saving-habits-reveal-advice-opportunity On average they saved $943 each month versus $908 for the rest of the population. Research UBS says Asia's rich show less love for Aussie News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18861/ubs-says-asiaamp039s-rich-show-less-love-for-aussie Asia's wealthy are falling out of love with the Aussie dollar as record-low yields and sustained declines persuade them to look elsewhere Research Family-owned businesses in Singapore least prepared for succession in South-east Asia News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18874/family-owned-businesses-in-singapore-least-prepared-for-succession-in-south-east-asia Two hundred and fifty companies in five countries - Indonesia, Thailand, Malaysia, the Philippines and Singapore - were surveyed for the report. Research Singapore's Family-Owned Businesses Least Prepared For Succession News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18878/singaporeamp039s-family-owned-businesses-least-prepared-for-succession Family businesses in Singapore are among the least prepared in Southeast Asia for what will happen after the current business leader retires or steps down Research CI Investments and Signature Global Asset Management open research office in Hong Kong News Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18882/ci-investments-and-signature-global-asset-management-open-research-office-in-hong-kong "The new office will play a vital role in building on our relationships in Asia, with both the companies we research and our partners in the financial services industry," Mr. Bushell said. Research Hong Kong tycoon's M&A spree promises bumper year for Asia banks News Aggregation Team Monday, January 26, 2015 12:00 am http://www.apbankers.net/article/18828/hong-kong-tycoonamp039s-mampampa-spree-promises-bumper-year-for-asia-banks Li's companies have single-handedly led the deal flurry. Research Chinese fund firms flag local, foreign plans News Aggregation Team Friday, January 23, 2015 12:00 am http://www.apbankers.net/article/18808/chinese-fund-firms-flag-local-foreign-plans One-third of mainland mutual fund houses and one-fifth of private asset managers plan foreign expansion, finds a new survey. Research Why regulatory careers are now hotter than ever in Asian banking News Aggregation Team Thursday, January 22, 2015 12:00 am http://www.apbankers.net/article/18775/why-regulatory-careers-are-now-hotter-than-ever-in-asian-banking MAS regulatory reporting is becoming an even more critical function Research Bankers bolt from bulge bracket to boutiques in Asia News Aggregation Team Thursday, January 22, 2015 12:00 am http://www.apbankers.net/article/18780/bankers-bolt-from-bulge-bracket-to-boutiques-in-asia This year could see a record number of analysts and associates move from budge-bracket to boutique banks in Asia as junior investment bankers lose their traditional reluctance to leave large IBDs. Research RHB Asset to grow portolio to RM58b in 2015 News Aggregation Team Wednesday, January 28, 2015 12:00 am http://www.apbankers.net/article/18904/rhb-asset-to-grow-portolio-to-rm58b-in-2015 RHB Asset chief executive officer Ho Seng Yee said the group grew its AUM to RM48.56 billion last year. Company Results Hong Kong Exchange Fund 2014 investment income $5.62 billion: Monetary Authority News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18872/hong-kong-exchange-fund-2014-investment-income-562-billion-monetary-authority Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted a HK$43.6 billion investment gain in 2014, the Hong Kong Monetary Authority said on Monday. Company Results China's CITIC Securities posts 115 pct rise in net profit News Aggregation Team Tuesday, January 27, 2015 12:00 am http://www.apbankers.net/article/18879/chinaamp039s-citic-securities-posts-115-pct-rise-in-net-profit China's largest brokerage CITIC Securities Co Ltd on Tuesday posted a 115.4 percent rise in 2014 net profit to 11.3 billion yuan ($1.8 billion). Company Results CIMB Thai pre-tax profit slips 12.2% in FY14 News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18760/cimb-thai-pre-tax-profit-slips-122-in-fy14 President and Chief Executive Officer Subhak Siwaraksa said the decline in results was mainly due to extraordinary items in 2013, which included shared gains from Thai Asset Management Corporation and special provisions. Company Results ING Vysya net rises 18% on retail revenue, but asset quality worsens News Aggregation Team Wednesday, January 21, 2015 12:00 am http://www.apbankers.net/article/18773/ing-vysya-net-rises-18-on-retail-revenue-but-asset-quality-worsens Operating costs were affected by higher accruals on pension benefits due to sharp decline in the interest rates Company Results Fund trims CCB stake News Aggregation Team Tuesday, January 20, 2015 12:00 am http://www.apbankers.net/article/18727/fund-trims-ccb-stake As the world's 10th biggest sovereign wealth fund, it is also an investor in Industrial and Commercial Bank of China (1398) and Standard Chartered. Company Results Global’s Mayur Hedge Fund returns 61 per cent in 2014 News Aggregation Team Wednesday, January 14, 2015 12:00 am http://www.apbankers.net/article/18636/globalamprsquos-mayur-hedge-fund-returns-61-per-cent-in-2014 The Asian, and in particular the Indian market, offers a compelling investment opportunity. Company Results Hong Kong ETF turnover hits record high in 2014 News Aggregation Team Tuesday, January 13, 2015 12:00 am http://www.apbankers.net/article/18599/hong-kong-etf-turnover-hits-record-high-in-2014 Despite the recent spotlight on A-shares, less than half of new ETFs last year were A-share centric Company Results 7 reasons why fund managers invest in Singapore News Aggregation Team Monday, January 12, 2015 12:00 am http://www.apbankers.net/article/18576/7-reasons-why-fund-managers-invest-in-singapore Despite a turbulent 2014, fund managers and sector analysts have expressed confidence in the resilience of Singapore's investment environment for the future. Company Results Hong Kong, Jakarta lead gains in light post-holiday trade News Aggregation Team Friday, January 02, 2015 12:00 am http://www.apbankers.net/article/18430/hong-kong-jakarta-lead-gains-in-light-post-holiday-trade On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases Company Results