The Asia Pacific Banking News Network http://www.apbankers.net/ Sun, 05 Jul 2015 21:03:14 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP World's first diamond exchange will go live in Sep News Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22612/worldamp039s-first-diamond-exchange-will-go-live-in-sep Set up in Singapore with several large Indian diamond firms as members, Jim Rogers is one of the angle investors Wealth and Asset Management Content is king for this start-up financial planning venture News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22622/content-is-king-for-this-start-up-financial-planning-venture Sourcing clients is perhaps the most commonly cited challenge for new planning businesses. Wealth and Asset Management Perth stockbroker to buy Entrust Private Wealth News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22602/perth-stockbroker-to-buy-entrust-private-wealth It will become a wholly owned subsidiary Wealth and Asset Management DBS Private Bank's regional ambitions burn bright News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22604/dbs-private-bankamp039s-regional-ambitions-burn-bright DBS Private Bank, which snapped up Société Générale's Asia private banking business for $220 million last year, is still on the look-out for acquisitions as it seeks to burnish its regional ambitions. Wealth and Asset Management A wealth of new opportunities News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22611/a-wealth-of-new-opportunities Annual China Roundtable debates latest pension reform Wealth and Asset Management Findex acquires private wealth firm News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22533/findex-acquires-private-wealth-firm Findex Group has acquired Melbourne-based accounting and financial advice firm Martin Goodrich & Associates Wealth and Asset Management Findex to drop name in favour of Centric Wealth News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22534/findex-to-drop-name-in-favour-of-centric-wealth The Financial Index Wealth Accountants planning group will drop its name and adopt that of acquired group Centric Wealth, according to FIWA chief executive, Spiro Paule. Wealth and Asset Management Do you really need a private bank? News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22538/do-you-really-need-a-private-bank Private bankers are throwing the doors open as shrinking margins force the industry to widen its net Wealth and Asset Management UK bank Rothschild invests in a Chinese online retailer News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22552/uk-bank-rothschild-invests-in-a-chinese-online-retailer Yapingguo.com raises $50 million from Rothschild Group and CID Group of Taiwan. Wealth and Asset Management JP Morgan private banker: “We can’t make money anymore…” News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22581/jp-morgan-private-banker-ampldquowe-canamprsquot-make-money-anymoreamphellipamprdquo It certainly paints a clear picture of how screwed up the entire financial system is Wealth and Asset Management Blackstone Names Chairman for Greater China News Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22614/blackstone-names-chairman-for-greater-china He joins from Credit Suisse where he most recently served as Co-Chief Executive Officer of Greater China and Vice Chairman of Global Investment Banking. Executive Moves BNP Paribas appoints India CEO News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22589/bnp-paribas-appoints-india-ceo He has been head of BNP Paribas in Korea since 2012 Executive Moves Deutsche Asset & Wealth Management appoints head of global client group, APAC News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22596/deutsche-asset-ampamp-wealth-management-appoints-head-of-global-client-group-apac He will join Deutsche Asset & Wealth Management as managing director, head of global client group, APAC ex-Japan Executive Moves SSgA boss elected to FSC board News Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22597/ssga-boss-elected-to-fsc-board Prior to joining State Street Global Advisors Lochiel was Investment Director of Asset Allocation for Westpac Investment Management Executive Moves ANZ appoints Global Head of Corporate Advisory News Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22599/anz-appoints-global-head-of-corporate-advisory He will oversee ANZ’s corporate advisory team based in Sydney, Melbourne and Singapore, which provides domestic and international M&A advisory services to public companies and private businesses, particularly for cross-border transactions. Executive Moves Challenger appoints technical services head News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22600/challenger-appoints-technical-services-head Challenger has appointed a new head of technical services to support advisers. Executive Moves Citi nabs Whitehead from Deutsche News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22606/citi-nabs-whitehead-from-deutsche Citi has poached Hamish Whitehead, a leading member of Deutsche’s equity capital market’s team, in the latest high-profile hire within the investment banking sector. Executive Moves StanChart appoints global head of managed investments News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22557/stanchart-appoints-global-head-of-managed-investments Standard Chartered's global head of wealth management confirms the splitting of the global head of managed investments and global head of investment advisory roles within the group Executive Moves BNP appoints Australia head of asset services News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22564/bnp-appoints-australia-head-of-asset-services BNP Paribas has appointed an executive to the newly-created role of head of asset and fund services business line in Australia. Executive Moves Macquarie veteran joins Credit Suisse as vice chairman News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22530/macquarie-veteran-joins-credit-suisse-as-vice-chairman He brings with him extensive experience in the Australian and international markets, both in building businesses and leading transactions Executive Moves 25 Chinese mutual fund houses seek to speed up application and issuance of equity funds News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22613/25-chinese-mutual-fund-houses-seek-to-speed-up-application-and-issuance-of-equity-funds The announcement follows near-daily government policy moves over the past week Legal, Regulation & Compliance Singapore to remove distinction between international and domestic banking News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22617/singapore-to-remove-distinction-between-international-and-domestic-banking The divide also made it easier to offer incentives to encourage offshore banking activities out of Singapore, Tharman said, but focusing incentives in the ACU. Legal, Regulation & Compliance Malaysian Leader Faces Risk of Criminal Charges Over Fund News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22627/malaysian-leader-faces-risk-of-criminal-charges-over-fund It is one of the worst political crises for Najib, who has come under increasing criticism over his leadership. Legal, Regulation & Compliance WSJ: 1MDB's RM2.6b found in 'PM's accounts' News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22607/wsj-1mdbamp039s-rm26b-found-in-amp039pmamp039s-accountsamp039 In another sensational expose, The Wall Street Journal (WSJ) reported today that Malaysian investigators have traced nearly US$700 million of deposits into what they believe are personal bank accounts of Prime Minister Najib Abdul Razak. Legal, Regulation & Compliance Singapore tweaks proposed real estate investment trust market reforms News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22608/singapore-tweaks-proposed-real-estate-investment-trust-market-reforms It also increased the limit on property development activities to 25 percent of a REIT's assets, from 10 percent, to allow more operational flexibility. Legal, Regulation & Compliance Slater & Gordon looks to EY to clean up the mess News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22559/slater-ampamp-gordon-looks-to-ey-to-clean-up-the-mess Embattled law firm Slater & Gordon will dump long-time auditor Pitcher Partners in favour of big four outfit EY as it tries to stem a sharemarket rout prompted by revelations ASIC is probing its accounts. Legal, Regulation & Compliance Offshore law firm Acts For CIC Gold On London Stock Exchange IPO News Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22567/offshore-law-firm-acts-for-cic-gold-on-london-stock-exchange-ipo Seychelles registered company floats on London’s main market Legal, Regulation & Compliance ENSafrica recognised for India-related work News Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22570/ensafrica-recognised-for-india-related-work ENSafrica has been named as a top international law firm for India-related work by the India Business Law Journal. Legal, Regulation & Compliance Government securities 'investment' may hit returns prospects for Ulip holders: Industry News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22587/government-securities-amp039investmentamp039-may-hit-returns-prospects-for-ulip-holders-industry Investors in unit-linked insurance plans may get lower returns and fewer choices if the insurance regulator's proposal on mandatory 25% investment in government bonds becomes a rule Legal, Regulation & Compliance China IPO Funds Threatened as Regulators Mull Share Sale Ban News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22531/china-ipo-funds-threatened-as-regulators-mull-share-sale-ban The IPO funds flag tensions in China’s financial system, where capped deposit rates are pushing savers into ever riskier products. Legal, Regulation & Compliance Bank to the future News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22624/bank-to-the-future Then came the advent of digital channels and an array of financial innovations. BankTech ​RBA to revamp core banking platform News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22603/acircrba-to-revamp-core-banking-platform The Reserve Bank of Australia has issued a request for tender as it seeks a new core banking solution. BankTech Former Skype Exec Joins Blockchain.info Board; Singapore's Central Bank Backs Blockchain Project News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22605/former-skype-exec-joins-blockchaininfo-board-singaporeamp039s-central-bank-backs-blockchain-project Singapore's central bank funds blockchain-based project; former Skype COO joins Blockchain.info board; 36 French startups team up to create Fintech association; Citigroup develops 3 blockchains and more top stories for July 3. BankTech Green Key's VoIP Software Expands to Asian Brokers and Traders News Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22541/green-keyamp039s-voip-software-expands-to-asian-brokers-and-traders Green Key Technologies, provider of voice software designed specifically for traders and brokers, announced the expansion of their user base into Asia BankTech Westpac VC invests in Bitcoin player News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22489/westpac-vc-invests-in-bitcoin-player In a deal that will put Westpac Banking Corp in the box seat as cryptocurrencies develop, the bank's venture capital fund, Reinventure Group, has invested in Coinbase, one of the world's pre-eminent Bitcoin companies. BankTech Lufax Achieves New Milestone of 10 Million Registered Users News Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22508/lufax-achieves-new-milestone-of-10-million-registered-users Lufax, China's largest Internet finance marketplace, announced today that its flagship P2P marketplaces have reached 10 million registered users BankTech ME Bank looks to internet banking upgrade after major tech overhaul News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22514/me-bank-looks-to-internet-banking-upgrade-after-major-tech-overhaul The bank had no plans to cut its staff numbers despite the increased efficiency expected from the $90 million tech rebuild BankTech Aussie fintech firms head to London News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22459/aussie-fintech-firms-head-to-london Two fintech providers operating in the wealth management space will head to London later this year to meet with other global providers as part of a UK government sponsored trade mission. BankTech Half of internet users globally trust branch banking more than online option News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22516/half-of-internet-users-globally-trust-branch-banking-more-than-online-option Almost half of internet users surveyed across the globe believe traditional branch banking is safer than banking online, according to a study carried out by Kaspersky Lab and B2B International. BankTech JBWere rides crest of tech wave News Aggregation Team Thursday, June 25, 2015 12:00 am http://www.apbankers.net/article/22341/jbwere-rides-crest-of-tech-wave Staying on the cusp of change a key focus for wealth management firm JBWere. BankTech China stock brokers set up $19 billion fund to stem market rout News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22621/china-stock-brokers-set-up-19-billion-fund-to-stem-market-rout The 21 brokers led by Citic Securities will invest the equivalent of 15% of their net assets as of the end of June, or no less than ¥120 billion in total Alternative Investments China Minsheng Investment Corp opens Singapore unit News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22550/china-minsheng-investment-corp-opens-singapore-unit The Singapore unit will invest in companies in South-east Asia and North America, said Laurence Liao, chief executive of CM International Holding, adding that it already has at least one deal in the pipeline. Alternative Investments Fired up over coal deal News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22553/fired-up-over-coal-deal As the newly crowned president director of Golden Energy and Resources, a subsidiary of the Sinar Mas conglomerate, Mr Fuganto Widjaja is leading the charge to wrest back control of Indonesian assets in a troubled venture. Alternative Investments China fund association calls on managers to back market News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22556/china-fund-association-calls-on-managers-to-back-market As the government attempts to boost the stock market in various ways, China's fund industry association issues some supportive words of its own. But foreign analysts suggest the authorities will struggle to maintain the market's momentum Alternative Investments Mint Asset Management Wins Active NZ Equity Mandate from NZSF News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22558/mint-asset-management-wins-active-nz-equity-mandate-from-nzsf The other mandate in active New Zealand equities is with Devon Asset Management. Alternative Investments Bank of China marks bond listing on Nasdaq Dubai News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22562/bank-of-china-marks-bond-listing-on-nasdaq-dubai The two billion renminbi issuance was one of a tranche of bond issues made last month by Bank of China Alternative Investments Challenger enters strategic partnership with Janus News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22565/challenger-enters-strategic-partnership-with-janus The founders already had a relationship with Gross via PIMCO, and had been looking to further expand their US presence after establishing California offices in 2013. Alternative Investments Apollo Global Management, Baring Asia frontrunners in race for Religare; deadline for final bids by month-end News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22573/apollo-global-management-baring-asia-frontrunners-in-race-for-religare-deadline-for-final-bids-by-month-end The final bids were to be submitted on Tuesday but the deadline has now been pushed till the end of the month, said multiple sources aware of the ongoing negotiations. Alternative Investments ANZ’s Hanrahan banking on more inbound M&A News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22574/anzamprsquos-hanrahan-banking-on-more-inbound-mampampa Hanrahan was appointed head on Thursday, replacing Bruce Nettleton Alternative Investments China's Africa equity fund to reach 5 bln USD in 2015 News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22576/chinaamp039s-africa-equity-fund-to-reach-5-bln-usd-in-2015 CAD Fund was set up in 2007 to diversify the financial vehicles that facilitate Chinese investment to Africa. Alternative Investments Standard Chartered Pakistan gets two IFA Awards 2015 News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22554/standard-chartered-pakistan-gets-two-ifa-awards-2015 The Islamic Finance Awards 2015 was being organised for the first time in Pakistan to recognise individuals and institutions that have made significant contributions to the Islamic banking and finance industry. Islamic Finance Crescent Wealth pays $30.75m for South Melbourne offices News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22526/crescent-wealth-pays-3075m-for-south-melbourne-offices The off-market deal was brokered Colliers International agents Rob Joyes and Leigh Melbourne. Islamic Finance Malaysia set to double sukuk sales News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22499/malaysia-set-to-double-sukuk-sales Islamic bond sales in Malaysia are set for the best quarter in more than a year as infrastructure firms take advantage of the lowest borrowing costs in 16 months. Islamic Finance HSBC Bank Oman agrees to sell Pakistan business to Meezan Bank News Team Sunday, June 28, 2015 12:00 am http://www.apbankers.net/article/22415/hsbc-bank-oman-agrees-to-sell-pakistan-business-to-meezan-bank HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani lender, it said on Sunday. Islamic Finance Guidance seeks to link Islamic investors in Asia, Mideast News Aggregation Team Sunday, June 28, 2015 12:00 am http://www.apbankers.net/article/22433/guidance-seeks-to-link-islamic-investors-in-asia-mideast Group sees opportunities for investment flows in both directions Islamic Finance Swift launches Islamic finance rulebook for international roll-out and adoption News Team Wednesday, June 24, 2015 12:00 am http://www.apbankers.net/article/22333/swift-launches-islamic-finance-rulebook-for-international-roll-out-and-adoption SWIFT, in collaboration with The Association of Islamic Banking Institutions Malaysia (AIBIM) has launched a new rulebook aimed at promoting standards in the Islamic banking and finance market Islamic Finance NBP launches Islamic banking system in Khyber Agency News Aggregation Team Tuesday, June 23, 2015 12:00 am http://www.apbankers.net/article/22273/nbp-launches-islamic-banking-system-in-khyber-agency The National Bank of Pakistan has formally launched Islamic banking system at tehsil Jamrud of Khyber Agency. Islamic Finance Al Baraka Bank (Pakistan) Limited Receives Two Awards at the Islamic Finance Awards 2015 News Team Monday, June 22, 2015 12:00 am http://www.apbankers.net/article/22248/al-baraka-bank-pakistan-limited-receives-two-awards-at-the-islamic-finance-awards-2015 Al Baraka Bank (Pakistan) Limited , a subsidiary banking unit of Al Baraka Banking Group B.S.C. , was awarded two awards in the categories of 'Best Islamic Structure - Mudaraba Sukuk' and 'Best Corporate Social Responsibility' at the I Islamic Finance Enhanced Islamic Banking Framework Benefits Malaysia: CIMB Islamic News Aggregation Team Friday, June 19, 2015 12:00 am http://www.apbankers.net/article/22216/enhanced-islamic-banking-framework-benefits-malaysia-cimb-islamic The sustained effort to enhance the regulatory and legislative framework to support Islamic financial transactions will continue to place Malaysia as the biggest player in the global Islamic banking industry, says CIMB Islamic Bank Bhd. Islamic Finance DIBPL Organizes session on Islamic Banking at KSE News Aggregation Team Thursday, June 18, 2015 12:00 am http://www.apbankers.net/article/22173/dibpl-organizes-session-on-islamic-banking-at-kse DIBPL has an endeavor to provide innovative Islamic financial products and services to its customer to experience World Class Banking. Islamic Finance China Huarong Adds CICC to Advise on Hong Kong IPO News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22598/china-huarong-adds-cicc-to-advise-on-hong-kong-ipo The ‘bad bank’ will have five banks advising on offering with a potential value of up to $3 billion Investment Banking AIIB to play vital role in Asian infrastructure sector: Qatar News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22549/aiib-to-play-vital-role-in-asian-infrastructure-sector-qatar The Asian Infrastructure Investment Bank is expected to play a vital role in providing the investment needed to develop the infrastructure for hundreds of millions in the Asian continent. Investment Banking Vietnam bank BIDV plans foreign stake sales in 2016 News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22543/vietnam-bank-bidv-plans-foreign-stake-sales-in-2016 Vietnamese lender BIDV, the country's biggest partly private bank by assets, said it could sell stakes to foreign strategic partners next year Investment Banking Philippine-based China Bank raises $158m debt News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22544/philippine-based-china-bank-raises-158m-debt Philippine-based China Banking Corporation has raised a $158 million three-year term loan facility from regional and international banks Investment Banking AIIB will not negatively impact BRICS Development Bank: China News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22548/aiib-will-not-negatively-impact-brics-development-bank-china "It will also influence the BRICS countries. Investment Banking Governments sign pact to create Chinese-led Asian bank News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22483/governments-sign-pact-to-create-chinese-led-asian-bank Envoys of governments that plan to join a Chinese-led Asian bank endorsed a structure Monday that gives Beijing the biggest voting stake at the start but no veto power. Investment Banking PH delays joining China infra bank News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22487/ph-delays-joining-china-infra-bank The Philippines on Monday refrained from joining the Asian Infrastructure Investment Bank as a founding member, saying it needs more time to study its membership in the China-led multilateral lender. Investment Banking Top execs bring Nomura in sight of 150tn yen asset goal News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22490/top-execs-bring-nomura-in-sight-of-150tn-yen-asset-goal So far he has kept his word, and Nomura is on track to meet -- and possibly even exceed -- its 2020 growth targets. Investment Banking GE set to sell Europe private equity unit to SMBC for over $2 billion News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22501/ge-set-to-sell-europe-private-equity-unit-to-smbc-for-over-2-billion General Electric Co is close to selling its European private equity financing unit to Japan's Sumitomo Mitsui Banking Corp for more than $2 billion Investment Banking Deutsche counts bids for ANZ's Esanda News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22510/deutsche-counts-bids-for-anzamp039s-esanda Bids are in for ANZ Banking Group's $8.2 billion Esanda Dealer Finance portfolio. Investment Banking PH shielded from Greek default effects News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22616/ph-shielded-from-greek-default-effects Finance Chief Cites Strong Fiscal Position InvestmentView China's privately owned banks: boom or bunk? News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22625/chinaamp039s-privately-owned-banks-boom-or-bunk Forty companies want to open their own banks, but analysts say few of them have the know-how needed to shake up the sector InvestmentView China's Boom Has World Bank Worried News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22591/chinaamp039s-boom-has-world-bank-worried The World Bank was also implying China should get its own economic house in order before trying to change the global economy. InvestmentView Nikko’s John Vail on Why Japan’s Bloom Will Last News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22595/nikkoamprsquos-john-vail-on-why-japanamprsquos-bloom-will-last Pacific trade pact, equity culture, and the report card on Abe. What’s ahead for Japan’s stocks? InvestmentView Geoffrey See Is Training North Koreans to Become Entrepreneurs News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22560/geoffrey-see-is-training-north-koreans-to-become-entrepreneurs As founder and CEO of Choson Exchange, Geoffrey See is bringing training and capital to nurture North Korea’s nascent business culture. InvestmentView Volatility Shouldn't Deter Australian Bond Investors From Going Global, Says AB News Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22566/volatility-shouldnamp039t-deter-australian-bond-investors-from-going-global-says-ab London-based Taylor is visiting Australia to engage with clients interested in diversifying their fixed- income strategies beyond the domestic market. InvestmentView Investment Technology by Numbers by Phil Banas Phil Banas Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22568/investment-technology-by-numbers-by-phil-banas The marketing departments of investment software firms trumpet the glory of their wares in the purple prose of modern marketing. InvestmentView Labuan Trusts and Foundations News Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22536/labuan-trusts-and-foundations Labuan IBFC recorded commendable growth in 2014 for its Labuan trusts and foundations, with the latter in particular having registered an almost 40% increase in the past year. InvestmentView Morningstar: Investing In Frontier Markets Takes Long-Term Focus, Patience News Aggregation Team Friday, June 26, 2015 12:00 am http://www.apbankers.net/article/22388/morningstar-investing-in-frontier-markets-takes-long-term-focus-patience There’s a lot to like about frontier markets, but investors looking for exposure to countries like Pakistan and Vietnam need a long-term focus and patience. InvestmentView US rate hike fears make Asia vulnerable to capital outflows News Aggregation Team Thursday, June 25, 2015 12:00 am http://www.apbankers.net/article/22348/us-rate-hike-fears-make-asia-vulnerable-to-capital-outflows With an interest rate hike by the U.S. looming, Asian nations are getting jittery, worried about the effects of such a rate hike on their economies and the flows of "hot money," or large amounts of speculative funds that can slosh dangerously in InvestmentView Doha Bank aims to double India business to $5 billion in two years News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22615/doha-bank-aims-to-double-india-business-to-5-billion-in-two-years The small and medium enterprises in Gujarat are our focus. Retail Banking Taiwan’s Yuanta Bank to start operations in PH News Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22620/taiwanamprsquos-yuanta-bank-to-start-operations-in-ph Monetary authorities have approved the entry of Taiwanese lender Yuanta Commercial Bank Co. Ltd., the fifth foreign bank allowed to operate in the country. Retail Banking Dar opens MCB branch in Dubai News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22609/dar-opens-mcb-branch-in-dubai Finance Minister Mohammad Ishaq Dar has inaugurated a branch of MCB Bank in Dubai heralding its first wholesale banking operations in the United Arab Emirates. Retail Banking Philippines' UCPB bank sale draws U.S. private equity, San Miguel: source News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22563/philippinesamp039-ucpb-bank-sale-draws-us-private-equity-san-miguel-source Growth in the Philippine economy and in demand for loans has outpaced that of other countries in the region, also boosting the appeal of the sector to foreign firms. Retail Banking Mitsubishi buying Asian bank News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22572/mitsubishi-buying-asian-bank Mitsubishi UFJ has been the most aggressive of Japan’s banks Retail Banking OCBC, UOB banks open branches in Myanmar News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22610/ocbc-uob-banks-open-branches-in-myanmar The economic partnership between Singapore and Myanmar is set to grow further with the banks' launch, says Deputy Prime Minister Teo Chee Hean. Retail Banking Kotak’s merger to finish this financial year News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22528/kotakamprsquos-merger-to-finish-this-financial-year Right now our focus is on consolidation and we want to deepen our presence. Retail Banking Centre mulls Bharatiya Mahila Bank-State Bank of India merger News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22523/centre-mulls-bharatiya-mahila-bank-state-bank-of-india-merger In a move indicating its intent to kickstart consolidation in public sector banks, the Centre is mulling the merger of the 20-month-old Bharatiya Mahila Bank with the largest lender, State Bank of India. Retail Banking Nomura to Invest in BDO Unibank Subsidiary News Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22464/nomura-to-invest-in-bdo-unibank-subsidiary Under the terms of the agreement, BDO will hold a 51 percent stake in PCIB, with the remaining 49 percent being held by Nomura. The new company will become an equitymethod affiliate of Nomura. Retail Banking Chinese bank ICBC expands business in Germany News Aggregation Team Sunday, June 28, 2015 12:00 am http://www.apbankers.net/article/22421/chinese-bank-icbc-expands-business-in-germany More than 2000 Chinese companies currently operate in Germany. Retail Banking Australian Tax Office pays to fire, pays to hire News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22626/australian-tax-office-pays-to-fire-pays-to-hire The ATO is looking to catch more big-time tax cheats by hiring new specialist public servants, just months after paying more than 400 of them tens of millions of dollars to leave. Tax Black money compliance window open till Sept 30 News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22555/black-money-compliance-window-open-till-sept-30 Dues to be paid till December 31 Tax I-T dept won’t verify foreign asset disclosures News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22437/i-t-dept-wonamprsquot-verify-foreign-asset-disclosures Protection from further scrutiny to be limited to foreign income disclosed during compliance window Tax South Korea targets tax exemptions to spur overseas investment News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22438/south-korea-targets-tax-exemptions-to-spur-overseas-investment South Korea plans to offer up to 10 years of tax exemptions for overseas stock investment funds as part of measures to boost its capital outflow to tackle a record current account surplus, Tax Govt to expand corporate tax discounts News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22475/govt-to-expand-corporate-tax-discounts The government is to offer corporate tax discounts in a revised tax holiday regulation, aiming to attract more investors and boost economic growth. Tax India, Thailand sign multiple agreements including double taxation avoidance treaty News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22479/india-thailand-sign-multiple-agreements-including-double-taxation-avoidance-treaty India and Thailand on Monday signed a number of important agreements, including the double taxation avoidance treaty Tax India, Thailand ink double taxation deal News Aggregation Team Monday, June 29, 2015 12:00 am http://www.apbankers.net/article/22509/india-thailand-ink-double-taxation-deal India inked an agreement with Thailand for avoidance of double taxation and prevention of tax evasion. Tax MOF upbeat on cross-strait tax pact News Aggregation Team Thursday, June 25, 2015 12:00 am http://www.apbankers.net/article/22373/mof-upbeat-on-cross-strait-tax-pact The ministry has gained more concessions from China this time around Tax Indonesia hopes tax amnesty will lure back capital News Aggregation Team Wednesday, June 24, 2015 12:00 am http://www.apbankers.net/article/22312/indonesia-hopes-tax-amnesty-will-lure-back-capital Indonesia hopes to bring billions of dollars in financial assets parked overseas back home - by pardoning past financial crimes. Tax KPMG's 2015 new partner roll breaks records to break the glass ceiling News Aggregation Team Tuesday, June 23, 2015 12:00 am http://www.apbankers.net/article/22277/kpmgamp039s-2015-new-partner-roll-breaks-records-to-break-the-glass-ceiling KPMG has named a firm-record 51 new partners for 2015 – with 37 per cent going to women. Tax Sovereign wealth fund will diversify News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22575/sovereign-wealth-fund-will-diversify Korea Investment Corp. will raise its allocation for alternative investments to 15 percent by year-end from 8 percent currently. Sovereign Wealth KIC's chairman sets course for endowment-like asset allocation News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22583/kicamp039s-chairman-sets-course-for-endowment-like-asset-allocation To achieve a target allocation of 15% to alternatives by the end of 2015, more than half of the Ministry of Finance’s 2015 injection would have to be made to alternative strategies Sovereign Wealth Firm advises on $525m Barangaroo investment News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22547/firm-advises-on-525m-barangaroo-investment Minter Ellison has advised one of the world’s largest sovereign wealth funds, Qatar Investment Authority, on its acquisition of a 37.5 percent stake in the $2bn International Tower 1 in the Barangaroo development. Sovereign Wealth The investment elephant in the room News Aggregation Team Monday, June 22, 2015 12:00 am http://www.apbankers.net/article/22238/the-investment-elephant-in-the-room Central banks and sovereign wealth funds are one of the most significant investor groups in global financial markets today — rivaling institutional investors like pension funds and sovereign wealth funds as to their size. Sovereign Wealth NZ Super Fund tops international fund returns: JP Morgan News Aggregation Team Monday, June 22, 2015 12:00 am http://www.apbankers.net/article/22259/nz-super-fund-tops-international-fund-returns-jp-morgan Those returns easily beat all other sovereign wealth funds that publish their figures, according to a global study by JP Morgan. Sovereign Wealth S. Korea’s sovereign fund nixes plan to buy into LA Dodgers News Aggregation Team Monday, June 22, 2015 12:00 am http://www.apbankers.net/article/22264/s-koreaamprsquos-sovereign-fund-nixes-plan-to-buy-into-la-dodgers South Korea’s sovereign wealth fund has abandoned its plan to buy a stake in the Los Angeles Dodgers, Sovereign Wealth Qatar’s sovereign wealth fund looks to diversify in Asia and US News Aggregation Team Friday, June 19, 2015 12:00 am http://www.apbankers.net/article/22199/qataramprsquos-sovereign-wealth-fund-looks-to-diversify-in-asia-and-us The Qatar Investment Authority new strategy follows a review carried out by chief executive, Sheikh Abdullah bin Mohamed bin Saud Al Thani, who was appointed last December. Sovereign Wealth World’s Biggest Wealth Fund Ready to Battle ‘Flash Boys’ in Asia News Aggregation Team Thursday, June 18, 2015 12:00 am http://www.apbankers.net/article/22197/worldamprsquos-biggest-wealth-fund-ready-to-battle-amplsquoflash-boysamprsquo-in-asia The fund, which owns about 1.3 percent of the world’s equities, has already started to cut back on its use of algorithmic trading to dodge HFT traders that might be trying to pre-empt its moves in the U.S. Sovereign Wealth GIC & Temasek invest $590.1m in Citic Securities News Aggregation Team Wednesday, June 17, 2015 12:00 am http://www.apbankers.net/article/22146/gic-ampamp-temasek-invest-5901m-in-citic-securities China’s largest brokerage by market value, Citic is planning to sell 1.1 billion new Hong Kong-listed shares at HK$24.60 ($3.17) each. This is a 19 per cent discount from Monday’s closing price. Sovereign Wealth VIDEO: Rachel Farrell on institutional investing in China News Aggregation Team Monday, June 15, 2015 12:00 am http://www.apbankers.net/article/22085/video-rachel-farrell-on-institutional-investing-in-china In this video clip, Rachel Farrell, regional head of sovereign and institutional strategy at JP Morgan Asset Management, discusses investors' approach to China and the opportunities she sees in emerging markets. Sovereign Wealth Independent research house, Fat Prophets, on expansion trail News Aggregation Team Friday, July 03, 2015 12:00 am http://www.apbankers.net/article/22594/independent-research-house-fat-prophets-on-expansion-trail The platform, www.superprophets.com.au, offers complete superannuation options, including the establishment and ongoing accounting and administration of a new or existing SMSF. Research Wealth-X Reveals: The Top 10 Wealthiest Jewellers In India News Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22569/wealth-x-reveals-the-top-10-wealthiest-jewellers-in-india T. S. Kalayanaraman, the chairman and managing director of Kalyan Jewellers, claimed the top spot on a Wealth-X list of India’s wealthiest jewellers released today with a personal fortune of US$1.3 billion. Research The Philippines: A Safe Haven for Investors News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22571/the-philippines-a-safe-haven-for-investors That happy country is the Philippines. Research Potential Return Matters the Least to Asians When Buying Retirement Products News Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22579/potential-return-matters-the-least-to-asians-when-buying-retirement-products 66% of Asian investors consider free gifts the most important factor in their purchase of financial products for retirement, while 41% consider potential returns least important Research Peer-to-peer lending no threat to banks News Aggregation Team Thursday, July 02, 2015 12:00 am http://www.apbankers.net/article/22584/peer-to-peer-lending-no-threat-to-banks Australians could be borrowing an estimated $22 billion from each other rather than banks within five years, but experts say the rise of peer-to-peer lending shouldn't bother the country's major banks. Research The fund manager who's betting China's currency will fall News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22551/the-fund-manager-whoamp039s-betting-chinaamp039s-currency-will-fall James Clunie of Jupiter Asset Management thinks China may devalue the renminbi, a massive move that would rock stock markets. Research Will Corporate Governance Be Big In Japan? News Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22520/will-corporate-governance-be-big-in-japan There is hope that a transition to a more market based engagement approach will encourage businesses in Japan Research GenX continues to be unhappy with major banks News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22504/genx-continues-to-be-unhappy-with-major-banks A recent Roy Morgan survey on consumer satisfaction reveals that the GenX and millennial demographics record low satisfaction levels with the major banks. Research Will Corporate Governance be big in Japan? News Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22507/will-corporate-governance-be-big-in-japan The global investment manager, suggests that improvements in corporate governance at Japanese companies have the potential to raise the value of the Japanese stock market by 15% to 30% Research Trust Insider: understanding Witan Pacific's disappearing discount News Aggregation Team Tuesday, June 30, 2015 12:00 am http://www.apbankers.net/article/22515/trust-insider-understanding-witan-pacificamp039s-disappearing-discount It is also different in that, like its much larger stablemate, Witan, it is run as a multi-manager fund. Research CIMB to see full recovery in quarter 4? News Aggregation Team Sunday, July 05, 2015 12:00 am http://www.apbankers.net/article/22618/cimb-to-see-full-recovery-in-quarter-4 CIMB Holdings Group Bhd will need at least two more quarters before benefits from its T18 initiatives which emphasise on cost-cutting and key business areas, are reflected on its balance sheet. Company Results Kotak Mahindra Bank targets 20% growth in retail business News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22539/kotak-mahindra-bank-targets-20-growth-in-retail-business Effective April 1, ING Vysya Bank has merged with Kotak Mahindra Bank creating a Rs 2,00,000 crore institution. The merged entity had a national footprint of 1,200 branches and over 1,900 ATMs. Company Results Major Vietnamese lender Sacombank set to expand after merger News Aggregation Team Wednesday, July 01, 2015 12:00 am http://www.apbankers.net/article/22542/major-vietnamese-lender-sacombank-set-to-expand-after-merger Sacombank, one of Vietnam's largest partly private lenders, will see an increase of 68.4 percent in its assets after a merger with Phuong Nam Bank Company Results SBS Bank delivers record full-year results News Aggregation Team Wednesday, June 24, 2015 12:00 am http://www.apbankers.net/article/22322/sbs-bank-delivers-record-full-year-results SBS Group has reported a record operating surplus of $26.1 million for the financial year to 31 March 2015, an increase of 18.3% on FY14, and a record net surplus of $19.4 million, an increase of 24.3% on FY14. Company Results Deutsche Bank’s India profit almost doubles in FY2015 News Aggregation Team Thursday, June 18, 2015 12:00 am http://www.apbankers.net/article/22185/deutsche-bankamprsquos-india-profit-almost-doubles-in-fy2015 Deutsche Bank’s India net income rose 45% to Rs3,925 in the year ended March Company Results Nomura - Outlook for FY15–16 corporate earnings News Team Thursday, June 04, 2015 12:00 am http://www.apbankers.net/article/21861/nomura-outlook-for-fy15ampndash16-corporate-earnings Summary and major assumptions Company Results Reliance Capital Q4 net profit rises 53 per cent to Rs 407 crore News Aggregation Team Sunday, May 31, 2015 12:00 am http://www.apbankers.net/article/21764/reliance-capital-q4-net-profit-rises-53-per-cent-to-rs-407-crore The company reported a 53% increase in quarterly earnings due to the stake sale, but for which its March quarter net profit is down 22% Company Results S. Korean asset managers' net edges down in Q1 News Aggregation Team Sunday, May 31, 2015 12:00 am http://www.apbankers.net/article/21765/s-korean-asset-managersamp039-net-edges-down-in-q1 South Korean asset management companies saw their net profits edge down in the first quarter of this year from a year earlier due to a rise in operating and non-operating expenses Company Results Maybank 1Q profit up 6% News Aggregation Team Thursday, May 28, 2015 12:00 am http://www.apbankers.net/article/21719/maybank-1q-profit-up-6 Malayan Banking Bhd reported a 6% rise in first quarter net profit from a year earlier as interest and Islamic banking income grew Company Results RBC reports record net income News Team Thursday, May 28, 2015 12:00 am http://www.apbankers.net/article/21722/rbc-reports-record-net-income Royal Bank of Canada today reported record net income of $2,502 million for the second quarter ended April 30, 2015, up $301 million or 14% from the prior year. Company Results