The Asia Pacific Banking News Network http://www.apbankers.net/ Sat, 18 Apr 2015 19:27:00 GMT part of MediaG8way Group http://www.apbankers.net/ http://www.apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Northern Trust Establishes Asset Management Sales and Client Service Team in Melbourne Office News Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20667/northern-trust-establishes-asset-management-sales-and-client-service-team-in-melbourne-office Expansion Supports Demand for Customized Asset Management Solutions Wealth and Asset Management StanChart top official in town News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20628/stanchart-top-official-in-town Carsten Stoehr, global head for financial markets sales at Standard Chartered Bank, is now visiting Dhaka to meet the bank's important stakeholders and key customers. Wealth and Asset Management Digital technology transforms wealth management industry News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20631/digital-technology-transforms-wealth-management-industry The early success of an online service that matches wealthy people with wealth managers demonstrates that investors want more choice in where advice comes from. Wealth and Asset Management UBS Said to Begin Review of Australia Wealth Business News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20632/ubs-said-to-begin-review-of-australia-wealth-business UBS Group AG is undertaking a review of its Australian wealth-management business that may lead to a sale of the unit Wealth and Asset Management Half of DBS jobs now outside Singapore as bank ramps up regional recruitment News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20633/half-of-dbs-jobs-now-outside-singapore-as-bank-ramps-up-regional-recruitment Looking for a job at DBS? You should search right across Asia, not just in Singapore. Wealth and Asset Management Banks leverage off private wealth arms News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20636/banks-leverage-off-private-wealth-arms Banks in Asia have been leveraging off their private banking arms to generate investment banking deal flow Wealth and Asset Management Wealth managers, private banks must re-invent according to shifts in client demands: Report - News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20637/wealth-managers-private-banks-must-re-invent-according-to-shifts-in-client-demands-report Deloitte and Efma released a new white paper last month, detailing the results of a survey conducted among over 60 executives from wealth management institutions, family offices and private banks across 26 countries. Wealth and Asset Management UBS reviewing wealth management business in Australia News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20638/ubs-reviewing-wealth-management-business-in-australia Swiss global financial services firm UBS AG is reportedly reviewing its wealth management business in Australia Wealth and Asset Management Appetite for Luxury in Vietnam: A Lucrative Market for High-End Products News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20644/appetite-for-luxury-in-vietnam-a-lucrative-market-for-high-end-products But not only the uber-rich are on the rise: according to Euromonitor International more than 100,000 Vietnamese in 2013 had a disposable income of more than US$75,000 per year Wealth and Asset Management Qatar Executive is growing its international footprint by targeting corporations and the fast-growing number of high net worth individuals in Asia News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20649/qatar-executive-is-growing-its-international-footprint-by-targeting-corporations-and-the-fast-growing-number-of-high-net-worth-individuals-in-asia Qatar Executive has adjusted its inflight experience to match the taste of the Asian executive and private traveller. For example, customers can request to be served by Mandarin and Cantonese speaking VIP cabin attendants, who are familiar with local cust Wealth and Asset Management OMGI chief looks to hire star managers for Asia build­out News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20662/omgi-chief-looks-to-hire-star-managers-for-asia-buildampshyout The CEO of Old Mutual Global Investors is aiming to recruit star managers along with other staff in Asia as part of a regional expansion. But Julian Ide wants employees who fit in with the asset manager's culture. Executive Moves JPM appoints Goldman Sachs managing director News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20672/jpm-appoints-goldman-sachs-managing-director He joins J.P. Morgan from Goldman Sachs where he was managing director and co-head of investment banking services in Australia. Executive Moves Swiss private bank appoints new market head in Singapore News Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20674/swiss-private-bank-appoints-new-market-head-in-singapore He's the new market head Indian Subcontinent and Non-Resident Indian in Singapore Executive Moves Barclays gets new head for Taiwan operations News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20675/barclays-gets-new-head-for-taiwan-operations He will report to Edward Weeks, Executive Moves Northern Trust appoints two sales representatives in Australia News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20678/northern-trust-appoints-two-sales-representatives-in-australia Asset management company Northern Trust Corp appointed Shane Teunissen and Ann-Marie Garry as sales representatives to support its expansion across Australia. Executive Moves Coutts’ head of advisory departs News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20680/couttsamprsquo-head-of-advisory-departs Coutts has not yet named a replacement. Executive Moves TIAA-CREF appoints head of sales office for the Asia-Pac region News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20645/tiaa-cref-appoints-head-of-sales-office-for-the-asia-pac-region Andrew Kleinig has joined TIAA-CREF Asset Management as director, institutional asset management business development – Asia Pacific Executive Moves Credit Suisse names Greater China IB heads News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20646/credit-suisse-names-greater-china-ib-heads Credit Suisse has appointed George Chow and Zeth Hung co-heads of Greater China investment banking Executive Moves Bosera GM calls it a day News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20592/bosera-gm-calls-it-a-day Mr. Wu previously worked for China Merchants Securities, the major shareholder of Bosera AM. He assumed the GM position in July 2013. Executive Moves Temasek CEO Ho Ching to take 3-month leave News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20605/temasek-ceo-ho-ching-to-take-3-month-leave Singapore state investor Temasek Holdings said Chief Executive Ho Ching is taking a three-month sabbatical Executive Moves Fund CEOs question benefits of passporting News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20661/fund-ceos-question-benefits-of-passporting Regulation is shaping the agenda for fund passporting and not always for the best, according to industry experts at a forum. And with the rise of Asian digital fund platforms, passporting may become irrelevant. Legal, Regulation & Compliance AsianInvestor's regulatory round­up, April 17 News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20663/asianinvestoramp039s-regulatory-roundampshyup-april-17 HKEx considers liberalising Stock Connect rules; Fed hints algo­trading caused flash crash; Taiwan reforms offshore fund rules; ARFP's tax hurdles highlighted; and non­residents to pay British CGT. Legal, Regulation & Compliance China suspends new bank-technology rules News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20676/china-suspends-new-bank-technology-rules China suspended bank-technology rules that Washington complained represent unfair regulatory pressure on foreign firms, the Wall Street Journal said, citing an official notice. Legal, Regulation & Compliance Wealth giants investigated by ASIC over advice charges News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20629/wealth-giants-investigated-by-asic-over-advice-charges ASIC today provided an update on its Wealth Management Project which is focusing on the conduct of the largest financial advice firms Legal, Regulation & Compliance ANZ to reimburse Prime Access clients News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20630/anz-to-reimburse-prime-access-clients ANZ today confirmed it will be reimbursing some Prime Access clients after it identified the documented annual review, part of a package of services, had not been provided. Legal, Regulation & Compliance Appleby advised In Construction on its Hong Kong Listing News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20634/appleby-advised-in-construction-on-its-hong-kong-listing The Appleby team was led by Judy Lee, a corporate partner in the Hong Kong office Legal, Regulation & Compliance Leading offshore law named 2015 'Corporate Law Firm of the Year' News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20635/leading-offshore-law-named-2015-amp039corporate-law-firm-of-the-yearamp039 “Our Hong Kong office has been incredibly active this year advising on a wide range of complex corporate transactions, and we are honoured to be recognised for the quality of our work and our dedication to our clients,” Legal, Regulation & Compliance MoFo Expands Singapore M&A Bench With Bengoshi Corporate M&A Partner News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20639/mofo-expands-singapore-mampampa-bench-with-bengoshi-corporate-mampampa-partner “Saori is a well-respected bengoshi corporate partner and her expertise will be invaluable to our clients in Japan looking to expand and invest in the region.” Legal, Regulation & Compliance Baker & McKenzie in Chinese legal market first News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20647/baker-ampamp-mckenzie-in-chinese-legal-market-first The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal needs. Legal, Regulation & Compliance HK reforms will cause 'collateral damage' – IFAA News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20654/hk-reforms-will-cause-amp039collateral-damageamp039-ampndash-ifaa Hong Kong's financial advisory industry will suffer “collateral damage” in the first half of 2015 due to the over-ambitious time frame of regulatory reforms, according to the chairman of the Independent Financial Advisors Association. Legal, Regulation & Compliance NYIF Relaunches Online Chinese Language Website News Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20607/nyif-relaunches-online-chinese-language-website Visitors to the site from China could purchase access to classroom education in China, in the United States and online E-learning courses offered in both English and Mandarin. BankTech Trustee Executors to Provide Enhanced Reporting with SS&C News Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20545/trustee-executors-to-provide-enhanced-reporting-with-ssampampc TEL will deploy Pages, SS&C's enterprise reporting and portal technology, to automate the production of communications, including quarterly investment reports, statements, and self-service reporting access for fund managers and super funds. BankTech Pint-Size Humanoid Helps Customers at Japanese Bank News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20566/pint-size-humanoid-helps-customers-at-japanese-bank A humanoid robot greets customers at the headquarters of Japan’s largest lender, the Bank of Tokyo Mitsubishi UFJ BankTech Digital and core platform modernisation to drive bank IT budget growth News Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20571/digital-and-core-platform-modernisation-to-drive-bank-it-budget-growth This change will be reflected by the spending growth in core platforms BankTech Infosys to re-engineer Finacle, revamp compensation structure News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20579/infosys-to-re-engineer-finacle-revamp-compensation-structure A team reported to be studying financial database Blockchain to see if it can be integrated with the core banking solution BankTech Hong Kong's HSBC bank looks back at real mobile banking on its anniversary News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20517/hong-kongamp039s-hsbc-bank-looks-back-at-real-mobile-banking-on-its-anniversary The earliest mobile banking was actually delivered in an automobile, which trundled through remote villages in the New Territories. BankTech Trade Groups Fear New Tech Rules Loom in China News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20535/trade-groups-fear-new-tech-rules-loom-in-china Letter urges Beijing to halt or rethink banking-technology measures BankTech Indian IT Giant Infosys Planning to Incorporate Bitcoin Technology News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20536/indian-it-giant-infosys-planning-to-incorporate-bitcoin-technology As Bitcoin’s popularity continues to grow, many companies have taken the initiative to experiment BankTech 5 banks preparing for the Bitcoin bonanza News Aggregation Team Saturday, April 11, 2015 12:00 am http://www.apbankers.net/article/20501/5-banks-preparing-for-the-bitcoin-bonanza Finance is bracing itself for the rise of cryptocurrencies. BankTech Alibaba steps up China online finance network push with new index, bank News Aggregation Team Thursday, April 09, 2015 12:00 am http://www.apbankers.net/article/20476/alibaba-steps-up-china-online-finance-network-push-with-new-index-bank Alibaba is China's biggest e-commerce company BankTech Branded Homes Make Waves Among the Elite in India News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20650/branded-homes-make-waves-among-the-elite-in-india From Giorgio Armani to Donald Trump, India is increasingly attracting celebrities, designers and major brands to team up with developers on homes, as wealthy Indians seek more elaborate properties. Alternative Investments Fund managers told to prepare for post­RQFII future News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20589/fund-managers-told-to-prepare-for-postampshyrqfii-future Chinese fund managers in Hong Kong have been warned that Stock Connect and global competitors will erode their RQFII position, so they need to boost their skills to offer clients value­added services. Alternative Investments Malaysia’s EPF cashes in on UK property asset News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20593/malaysiaamprsquos-epf-cashes-in-on-uk-property-asset Malaysia’s Employees Provident Fund has made its first property disposal in the UK, after it reached a sale and purchase agreement that will see it divest from its London-based One Sheldon Square asset. Alternative Investments Asia Alternatives Announces Fund Closings of over US$1.8 billion News Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20595/asia-alternatives-announces-fund-closings-of-over-us18-billion Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close of over US$1.8 billion in new commitments across Asia Alternatives Capital Partners IV, LP and its related fund vehicles. Alternative Investments Standard Life fund added to Macquarie Wrap News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20611/standard-life-fund-added-to-macquarie-wrap Global asset manager Standard Life Investments’ Absolute Return Global Bond fund has been added to the Macquarie Wrap platform Alternative Investments Netwealth unveils managed account offering News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20613/netwealth-unveils-managed-account-offering Netwealth has launched a managed account services offering which it says will provide cost-reduction benefits for financial advisers Alternative Investments Bid for Indonesian Miner Pits Rothschild Against Banker Hannam News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20617/bid-for-indonesian-miner-pits-rothschild-against-banker-hannam ACE is considering making a 41 pence a share offer to acquire ARMS Alternative Investments Middle East investors snapping up property in Pakistan News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20618/middle-east-investors-snapping-up-property-in-pakistan Property market growth has been stronger in the capital Alternative Investments Broker accounts surge as mainland punters sign on News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20547/broker-accounts-surge-as-mainland-punters-sign-on The number of new brokerage accounts has soared 10 times, with many mainlanders opening one directly in Hong Kong. Alternative Investments HDFC Property Fund invests in new deals, to raise another fund News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20554/hdfc-property-fund-invests-in-new-deals-to-raise-another-fund The fund has has closed three transactions with developers in Mumbai, Pune and Chennai Alternative Investments Malaysia prices dual-tranche $1.5 bln sukuk News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20627/malaysia-prices-dual-tranche-15-bln-sukuk The government of Malaysia on Thursday priced a dual-tranche $1.5 billion sukuk after attracting orders of $9.0 billion from Asia, Europe, the Middle East and the United States Islamic Finance Indonesia Seeks Stature by Hosting Islamic Development Bank Unit News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20640/indonesia-seeks-stature-by-hosting-islamic-development-bank-unit Indonesia is seeking to boost its profile as an Islamic finance hub with a bid to host the infrastructure arm of the industry’s biggest multilateral lender Islamic Finance Malaysia exports Islamic Finance Expertise to Drive Russian Islamic Finance Ambitions News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20655/malaysia-exports-islamic-finance-expertise-to-drive-russian-islamic-finance-ambitions A more recent development has seen one of the oldest universities in Russia Islamic Finance Australia's Waratah Resources to launch Islamic commodities venture News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20594/australiaamp039s-waratah-resources-to-launch-islamic-commodities-venture The move adds to a growing number of firms keen to tap into an Islamic finance market that is developing beyond its traditional homes in the Middle East and southeast Asia. Islamic Finance Islamic ETFs adding potential to portfolios News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20597/islamic-etfs-adding-potential-to-portfolios The latest addition to the Islamic ETF family was an iETF launched by Seattle-based investment firm Falah Capital in October last year Islamic Finance MBSB aims to be an Islamic bank in 5 years News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20620/mbsb-aims-to-be-an-islamic-bank-in-5-years Becoming an Islamic Bank is Malaysia Building Society Bhd vision and its CEO Datuk Ahmad Zaini said it hopes to achieve that in five years Islamic Finance Islamic finance and its potential in the US – MIFC Report News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20623/islamic-finance-and-its-potential-in-the-us-ampndash-mifc-report The report states, “The sole issuer from the US was Goldman Sachs, a major investment bank that had issued a USD500mln Wakalah sukuk in September 2014 – the issuance attracted an order book of USD1.5bln. Islamic Finance Qatari banks, Southwest Securities plan Islamic finance venture in China News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20575/qatari-banks-southwest-securities-plan-islamic-finance-venture-in-china Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. Islamic Finance IFSB adds financial inclusion to Islamic banking’s to-do list News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20625/ifsb-adds-financial-inclusion-to-islamic-bankingamprsquos-to-do-list The Islamic Financial Services Board is adding financial inclusion to the industry’s to-do list, launching initiatives aimed at widening the reach of syariah-compliant banking to include poorer people. Islamic Finance Malaysia's MBSB plans 900 mln ringgit covered sukuk issuance News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20521/malaysiaamp039s-mbsb-plans-900-mln-ringgit-covered-sukuk-issuance The third tranche has a tenor of 10 years and has been assigned a preliminary rating of AA1 by RAM Ratings. Islamic Finance Egypt becomes first African member of Asian Infrastructure Investment Bank News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20673/egypt-becomes-first-african-member-of-asian-infrastructure-investment-bank Egypt, Norway and Russia were officially approved by China’s Ministry of Finance Wednesday as members in the Asian Infrastructure Investment Bank Investment Banking Religare, FSG Capital in joint venture banking News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20653/religare-fsg-capital-in-joint-venture-banking Religare Chief Executive Officer Sutha Kandiah said his company is the first Indian bank to enter into a partnership with a local investment bank company. Investment Banking Canada actively considering joining China-led Asia bank News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20598/canada-actively-considering-joining-china-led-asia-bank A senior Canadian finance official revealed the stance to reporters ahead of meetings in Washington of the Group of 20 leading economies, saying Ottawa welcomed the idea of a new Asian infrastructure investment bank. Investment Banking Japan estimates potential AIIB membership would cost ¥360 billion News Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20600/japan-estimates-potential-aiib-membership-would-cost-ampyen360-billion Joining the China-led Asian Infrastructure Investment Bank will cost Japan about ¥360 billion and give it a stake about half that of Beijing, according to government estimates in a document obtained by Bloomberg. Investment Banking China says no to Taiwan on AIIB: What it means News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20608/china-says-no-to-taiwan-on-aiib-what-it-means The Beijing-led Asia Infrastructure Investment Bank (AIIB) may be more China-focused than initially thought Investment Banking BNP Paribas wins custody mandate News Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20609/bnp-paribas-wins-custody-mandate China Universal Asset Management (Hong Kong) Company Limited (CUAMHK) has awarded a fixed-income mandate to BNP Paribas Securities Services. Investment Banking Japan's Orix scouting for asset management buys overseas News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20553/japanamp039s-orix-scouting-for-asset-management-buys-overseas Japan's Orix Corp is scouting for acquisitions to achieve a goal of doubling its $260 billion asset management business Investment Banking China Cinda hires banks for US$3bn MTN programme News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20562/china-cinda-hires-banks-for-us3bn-mtn-programme China Cinda Asset Management has mandated six banks as arrangers and dealers for a US$3bn medium-term-note programme the company is setting up Investment Banking QNB Launches the Chinese "Clearing Hub in Qatar News Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20584/qnb-launches-the-chinese-ampquotclearing-hub-in-qatar An important development in its Asian Continent Expansion Strategy Investment Banking China rejects Taiwan as founding member of Asian Infrastructure Investment Bank News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20526/china-rejects-taiwan-as-founding-member-of-asian-infrastructure-investment-bank In a statement carried by the official Xinhua news agency, China's Taiwan Affairs Office confirmed what it said was a Hong Kong media report about the rejection of Taiwan. Investment Banking Fees, fairness and the rise of the robots News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20596/fees-fairness-and-the-rise-of-the-robots There has been something of a war going on in the international investment scene in the last ten years or so. On one side have been fund managers who insist that they can beat the average, can add value and fees don't matter too much. InvestmentView An award winning Islamic banking institution News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20602/an-award-winning-islamic-banking-institution World Report spoke to Syed Abdull Aziz Jailani bin Syed Kechik, CEO of OCBC Al-Amin, to discuss the current standing of Islamic banking in Malaysia and the rapid growth of Al-Amin InvestmentView China shadow banking: the good, bad and ugly News Aggregation Team Thursday, April 09, 2015 12:00 am http://www.apbankers.net/article/20463/china-shadow-banking-the-good-bad-and-ugly While it has served as an alternative financing channel to society at large, it also involves moral hazard and hidden risks. Xie Ping, deputy general manager at CIC, joined the debate. InvestmentView How an Aussie lawyer became a global asset management CEO News Aggregation Team Thursday, April 09, 2015 12:00 am http://www.apbankers.net/article/20466/how-an-aussie-lawyer-became-a-global-asset-management-ceo The man at the helm of the recently merged business Columbia Threadneedle Investments is an industry veteran who has watched how increasing regulation has shaped the markets InvestmentView Investors, big or small, split on their views on PH News Aggregation Team Wednesday, April 08, 2015 12:00 am http://www.apbankers.net/article/20438/investors-big-or-small-split-on-their-views-on-ph Institutional investors, hedge funds, high net worth individuals and corporate executives are all split on their view on the Philippines InvestmentView Avoiding the herd is the secret to investing in Asia News Aggregation Team Wednesday, April 08, 2015 12:00 am http://www.apbankers.net/article/20460/avoiding-the-herd-is-the-secret-to-investing-in-asia Indian stocks trading under book value and Chinese companies with reasonable valuations offer attractive investment opportunities in Asia InvestmentView Will China’s Infrastructure Bank Work? News Aggregation Team Tuesday, April 07, 2015 12:00 am http://www.apbankers.net/article/20416/will-chinaamprsquos-infrastructure-bank-work Far too little attention has been devoted to understanding why multilateral development lending has so often failed, and what might be done to make it work better InvestmentView The Lion Wakes: a Modern History of HSBC by Richard Roberts and David Kynaston: review News Aggregation Team Monday, April 06, 2015 12:00 am http://www.apbankers.net/article/20375/the-lion-wakes-a-modern-history-of-hsbc-by-richard-roberts-and-david-kynaston-review Jeremy Warner explores HSBC's rise from an outpost of empire to a global leviathan InvestmentView ClearView predicts end of independent financial advice News Aggregation Team Wednesday, April 01, 2015 12:00 am http://www.apbankers.net/article/20325/clearview-predicts-end-of-independent-financial-advice ClearView was supportive of some aspects of Trowbridge InvestmentView Why China won’t eliminate foreign technology by 2020 News Aggregation Team Tuesday, March 31, 2015 12:00 am http://www.apbankers.net/article/20285/why-china-wonamprsquot-eliminate-foreign-technology-by-2020 Late last week, an interesting piece ran in Bloomberg about China’s plans to eliminate foreign technology from government agencies and key industries by 2020, mostly for security reasons. InvestmentView VietinBank rejects rumor about its merger with OceanBank, GPBank News Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20619/vietinbank-rejects-rumor-about-its-merger-with-oceanbank-gpbank Chairman Nguyen Van Thang of the Hanoi-based Vietnam Bank for Industry and Trade said the bank would only support OceanBank and GPBank restructuring under the direction of the State Bank of Vietnam. Retail Banking Bank of India opens DIFC branch to reach out to Middle East clients News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20518/bank-of-india-opens-difc-branch-to-reach-out-to-middle-east-clients Government to encourage public sector banks to go global Retail Banking PHILIPPINES: Congress expected to pass bill that will merge Landbank, DBP News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20522/philippines-congress-expected-to-pass-bill-that-will-merge-landbank-dbp Key Senate officials said they will pass a Landbank-DBP merger bill, which is now pending before the House of Representatives. Retail Banking CIMB-Principal eyes Singapore retail entry: sources News Aggregation Team Friday, April 10, 2015 12:00 am http://www.apbankers.net/article/20482/cimb-principal-eyes-singapore-retail-entry-sources The Malaysian fund firm is understood to be looking to expand its retail presence to the city-state for the first time this summer as it targets the Asean passport scheme for growth Retail Banking Vietnam's Eximbank in merger talks with a local bank News Aggregation Team Friday, April 10, 2015 12:00 am http://www.apbankers.net/article/20493/vietnamamp039s-eximbank-in-merger-talks-with-a-local-bank Vietnam's Eximbank, 15.07 percent owned by Japan's Sumitomo Mitsui Banking Corp , is in talks with unlisted domestic lender Nam A Bank about a possible merger Retail Banking Cathay United Bank wins central bank approval to upgrade representative office in Taiwan News Aggregation Team Friday, April 10, 2015 12:00 am http://www.apbankers.net/article/20496/cathay-united-bank-wins-central-bank-approval-to-upgrade-representative-office-in-taiwan Taiwan's Cathay United Bank has secured approval from the Philippine central bank Bangko Sentral ng Pilipinas (BSP) to upgrade its representative office in the country to a full-service branch Retail Banking Foreign banks opening branches in Myanmar for first time in decades News Aggregation Team Friday, April 10, 2015 12:00 am http://www.apbankers.net/article/20500/foreign-banks-opening-branches-in-myanmar-for-first-time-in-decades The licences are limited to one branch that can provide loans to foreign companies and only in foreign currency, and the licencees are also expected to lend to domestic banks. Retail Banking Indian banker named ‘Retail Banker of the Year in Middle East’ News Aggregation Team Thursday, April 09, 2015 12:00 am http://www.apbankers.net/article/20471/indian-banker-named-amplsquoretail-banker-of-the-year-in-middle-eastamprsquo An Indian banker in UAE has been named ‘Retail Banker of the Year in Middle East’, a prestigious award given to global banking leaders for playing an instrumental role in transforming retail bank operations. Retail Banking BPI wins 11th Best Retail Bank recognition in Asian Banker awards News Aggregation Team Monday, March 30, 2015 12:00 am http://www.apbankers.net/article/20267/bpi-wins-11th-best-retail-bank-recognition-in-asian-banker-awards Bank of the Philippine Islands was named 2015 Best Retail Bank in the Philippines by The Asian Banker. Retail Banking Qatar National Bank to open its first branch in Vietnam News Aggregation Team Sunday, March 29, 2015 12:00 am http://www.apbankers.net/article/20237/qatar-national-bank-to-open-its-first-branch-in-vietnam The branch will be followed by another one in the capital Hanoi “in the future”, the ambassador said. Retail Banking Capital gains tax, Auckland property tax get thumbs down News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20664/capital-gains-tax-auckland-property-tax-get-thumbs-down A leading economist is warning that cooling the Auckland housing market by imposing a capital gains tax could be devastating for other parts of the country. Tax US targets tax evaders in Asia with HK investigators News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20591/us-targets-tax-evaders-in-asia-with-hk-investigators The stationing of US tax investigators in its Hong Kong consulate signals that America's hunt for taxation evaders has moved to Asia, following years of probes and fines in Europe. Tax Narendra Modi must tame the turbulent tax system in India News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20603/narendra-modi-must-tame-the-turbulent-tax-system-in-india Capricious corporate taxation risks holding back the quest for growth Tax One in three rich people and private companies targeted by ATO News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20621/one-in-three-rich-people-and-private-companies-targeted-by-ato The ATO wants to beat its 2013-14 rate of raising $1.1 billion in liabilities from high-wealth individuals Tax Bangladesh: NBR finds 10,152 rich taxpayers News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20546/bangladesh-nbr-finds-10152-rich-taxpayers The surcharge on wealth was applicable in two slabs until last fiscal year Tax ICI Global raises regional passport tax concerns News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20555/ici-global-raises-regional-passport-tax-concerns The association has pointed out that tax issues could present serious challenges for funds distributed cross border Tax The long arm of India’s tax authorities News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20581/the-long-arm-of-indiaamprsquos-tax-authorities No one likes to see a tax demand dropping silently on to the doormat Tax IRS, BIR in talks over implementation of US tax rule News Aggregation Team Monday, April 13, 2015 12:00 am http://www.apbankers.net/article/20544/irs-bir-in-talks-over-implementation-of-us-tax-rule Fatca, which became law in the US in 2010, “targets tax noncompliance by US taxpayers with foreign accounts,” the IRS noted on its website. Tax Banks comply with US law on offshore accts News Aggregation Team Friday, April 10, 2015 12:00 am http://www.apbankers.net/article/20499/banks-comply-with-us-law-on-offshore-accts This measure is designed to help US authorities track resident individuals and companies hiding income and assets in foreign jurisdictions. It is also aimed at curbing offshore tax evasion by American citizens. Tax Tax benefits queried for Aussie super accounts News Aggregation Team Wednesday, April 08, 2015 12:00 am http://www.apbankers.net/article/20437/tax-benefits-queried-for-aussie-super-accounts A new report from the super industry body ASFA questions whether high-income-earning superannuation members should continue to benefit from generous tax breaks Tax Temasek Snaps Up Stake In UK's Funding Circle Sky News News Aggregation Team Thursday, April 02, 2015 12:00 am http://www.apbankers.net/article/20367/temasek-snaps-up-stake-in-ukamp039s-funding-circle-sky-news A fast-growing peer-to-peer lending platform is to sell a stake in itself to Temasek, the Singaporean sovereign wealth fund, as part of a fundraising that will catapult it into the ranks of Britain's most valuable technology start-ups. Sovereign Wealth Korea Investment Corp. looking to add overseas offices in Asia, Middle East News Aggregation Team Thursday, March 26, 2015 12:00 am http://www.apbankers.net/article/20200/korea-investment-corp-looking-to-add-overseas-offices-in-asia-middle-east Korea Investment Corp. is looking to expand its overseas network with offices in Asia and the Middle East, said a senior KIC executive. Sovereign Wealth Norway's Biggest Wealth Fund Focuses to Buy Real Estate in Asia News Aggregation Team Monday, March 23, 2015 12:00 am http://www.apbankers.net/article/20100/norwayamp039s-biggest-wealth-fund-focuses-to-buy-real-estate-in-asia If we're really successful there, then maybe we can add a third and a fourth and a fifth city at some point Sovereign Wealth Wealth funds eye £2.5bn Center Parcs News Aggregation Team Sunday, March 15, 2015 12:00 am http://www.apbankers.net/article/19927/wealth-funds-eye-amppound25bn-center-parcs Blackstone, the American buyout group that has owned Center Parcs since 2006, has invited bids Sovereign Wealth China’s CIC Shifts Wealth Fund Focus to Emerging Markets News Aggregation Team Thursday, March 12, 2015 12:00 am http://www.apbankers.net/article/19858/chinaamprsquos-cic-shifts-wealth-fund-focus-to-emerging-markets China Investment Corp. executives will offer ‘package deals’ to create investment opportunities Sovereign Wealth Korean and Dubai SWFs pen landmark deal News Aggregation Team Monday, March 09, 2015 12:00 am http://www.apbankers.net/article/19767/korean-and-dubai-swfs-pen-landmark-deal The sovereign wealth funds of Korean and Dubai have signed an agreement that will see them jointly invest in opportunities around the world, in a rare case of two such institutions opting to directly team up. Sovereign Wealth Sovereign Islamic bond issued in HK generates wide response News Aggregation Team Monday, March 09, 2015 12:00 am http://www.apbankers.net/article/19770/sovereign-islamic-bond-issued-in-hk-generates-wide-response Qamar Zaman Minhas, chairman of the Islamic Community Fund of Hong Kong, had not expected that Hong Kong's first-ever issue of a sovereign Islamic bond, or sukuk, would generate such a strong market response Sovereign Wealth Oman, Brunei Sovereign Funds Partner In Aircraft Leasing News Aggregation Team Monday, March 09, 2015 12:00 am http://www.apbankers.net/article/19794/oman-brunei-sovereign-funds-partner-in-aircraft-leasing Oman Brunei Aviation Leasing Co will invest in and manage the purchase and lease of commercial aircraft operated by airlines in the Middle East and globally. Sovereign Wealth The Rise of Asian Sovereign Wealth Funds by Nicholas Borst, Federal Reserve Bank of San Francisco News Team Friday, March 06, 2015 12:00 am http://www.apbankers.net/article/19746/the-rise-of-asian-sovereign-wealth-funds-by-nicholas-borst-federal-reserve-bank-of-san-francisco Spurred by the region’s rapid economic development, sovereign wealth funds in Asia have increased in both size and number over the past decade. Sovereign Wealth China Investment Corporation Restructured Direct Investment Strategy News Aggregation Team Friday, March 06, 2015 12:00 am http://www.apbankers.net/article/19747/china-investment-corporation-restructured-direct-investment-strategy The Asian sovereign wealth fundnplaced significant bets in Canadian oil sands, infrastructure, utilities and U.S. financials. Sovereign Wealth RHB to sell insurance arm? News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20656/rhb-to-sell-insurance-arm Sources said the insurance arm contributed only 3% of the group’s earnings. Research Singapore property gloom has silver lining for investors News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20657/singapore-property-gloom-has-silver-lining-for-investors Here's a good reason to own Singapore property shares: you might not have to own them for long. Research China's South African Ties Complicated By Recent Violence News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20659/chinaamp039s-south-african-ties-complicated-by-recent-violence China’s foreign minister visited South Africa just as a wave of anti-foreigner violence broke out in Durban. Research More Asian institutions using ETFs, SSgA says News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20660/more-asian-institutions-using-etfs-ssga-says Ray Chan, vice president and head of ETF business development, Asia ex-Japan, cited Hong Kong’s Mandatory Provident Fund as an example of this trend: Research A great time to be a banker News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20671/a-great-time-to-be-a-banker Oh what a time to be in banking. The latest results from Citibank and Goldman Sachs are a public display of the current joys of the banking business. Research Institutional investors tap into social media News Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20677/institutional-investors-tap-into-social-media The survey shows that Twitter is seen as having some value as a news feed Research Most shareholders of Australia’s big four banks do their banking elsewhere News Aggregation Team Friday, April 17, 2015 12:00 am http://www.apbankers.net/article/20679/most-shareholders-of-australiaamprsquos-big-four-banks-do-their-banking-elsewhere Less than half of shareholders in Australia’s big four banks are also customers with them, Roy Morgan research data has revealed. Research China’s Rural Banking On The Rise, Access To Bank Accounts In Villages Jumped 20% In 3 Years News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20651/chinaamprsquos-rural-banking-on-the-rise-access-to-bank-accounts-in-villages-jumped-20-in-3-years In recent years, the Chinese government has ramped up efforts to transfer payments to villagers for health care Research Cyber Espionage: Report Claims China Behind Southeast Asia Hacks News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20599/cyber-espionage-report-claims-china-behind-southeast-asia-hacks Cyber security firm FireEye’s recent report details persistent cyber espionage in Southeast Asian countries over the past decade. Research India to overtake China in growth: World Bank, IMF News Aggregation Team Wednesday, April 15, 2015 12:00 am http://www.apbankers.net/article/20601/india-to-overtake-china-in-growth-world-bank-imf The forecasts come against the backdrop of a host of agencies expressing renewed confidence on the Indian economy in recent weeks. Research IndusInd Bank's net profit soars by 27% News Aggregation Team Thursday, April 16, 2015 12:00 am http://www.apbankers.net/article/20658/indusind-bankamp039s-net-profit-soars-by-27 It also witnessed a 25.1% net profit growth in the Jan to March quarter Company Results Itochu seen logging record profit in fiscal 2015 News Aggregation Team Tuesday, April 14, 2015 12:00 am http://www.apbankers.net/article/20548/itochu-seen-logging-record-profit-in-fiscal-2015 Trading house Itochu is expected to generate a record net profit of 330 billion yen ($2.72 billion) in the current fiscal year ending March 2016, with two major investments providing boosts. Company Results Polar Capital's AUM dips on Japan outflows News Aggregation Team Friday, April 10, 2015 12:00 am http://www.apbankers.net/article/20490/polar-capitalamp039s-aum-dips-on-japan-outflows Polar Capital has seen a drop in assets under management following significant outflows from its range of Japan funds. Company Results Bank Nifty bounces back even as Q4 results look weak News Aggregation Team Thursday, April 09, 2015 12:00 am http://www.apbankers.net/article/20472/bank-nifty-bounces-back-even-as-q4-results-look-weak The Bank Nifty has bounced back 460 points intraday after three day of declines and looks set for some more upside in coming sessions. According to technical analysts, the charts of banks look good on immediate and short term charts. Company Results Profit surges for insurer News Aggregation Team Monday, March 30, 2015 12:00 am http://www.apbankers.net/article/20240/profit-surges-for-insurer The property casualty insurance business saw premium growth slow to 13.8 percent Company Results Everbright Announces FY2014 Annual Results News Team Monday, March 30, 2015 12:00 am http://www.apbankers.net/article/20261/everbright-announces-fy2014-annual-results Net profit rises 90.1% to HK$2.56 billion AUM increases significantly, ventures into overseas M&As Company Results Aberdeen Asian Income Fund Lags Index In 2014 News Aggregation Team Thursday, March 26, 2015 12:00 am http://www.apbankers.net/article/20161/aberdeen-asian-income-fund-lags-index-in-2014 Aberdeen Asian Income Fund Ltd, managed by Aberdeen Asset Management Asia Ltd, Wednesday said it trailed the MSCI All Country Asia Pacific ex-Japan Index in 2014 Company Results Bank of Queensland posts higher profits and loan growth, but still off pace of industry News Aggregation Team Thursday, March 26, 2015 12:00 am http://www.apbankers.net/article/20171/bank-of-queensland-posts-higher-profits-and-loan-growth-but-still-off-pace-of-industry BANK of Queensland has revived once-anaemic lending growth but remains behind the pace of industry. Company Results Fosun International’s profits climb 24pc News Aggregation Team Thursday, March 26, 2015 12:00 am http://www.apbankers.net/article/20175/fosun-internationalamprsquos-profits-climb-24pc Revenues hit 61.7 billion yuan and Fosun proposed a dividend of HK$0.17 a share. Company Results Bank of China's FY2014 net profits up 8% News Aggregation Team Thursday, March 26, 2015 12:00 am http://www.apbankers.net/article/20194/bank-of-chinaamp039s-fy2014-net-profits-up-8 Bank of China said it saw a year-on-year net profit gain of eight percent in 2014 Company Results