Managers of Wealth - Asia http://apbankers.net/ Mon, 24 Jun 2019 10:08:59 BST part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Concierge Clubs Win Big in China News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49950/concierge-clubs-win-big-in-china China’s economic ascent has established a powerful social group made of young entrepreneurs who amassed their own resources rather than building on a massive generational wealth transfer. Wealth and Asset Management UBS scrambles to calm rich Chinese clients over 'pig' comment: sources News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49951/ubs-scrambles-to-calm-rich-chinese-clients-over-amp039pigamp039-comment-sources The Swiss private banking giant has told senior managers to prioritize any concerns on the matter raised by customers in China Wealth and Asset Management Wealth management investigations spike News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49934/wealth-management-investigations-spike In the Royal Commission's final report, commissioner Kenneth Hayne recommended when ASIC identifies misconduct, its starting point should be "why not litigate?" instead of the "negotiate" tack the regulator has traditionally taken Wealth and Asset Management An Ex-UBS Banker Is Battling to Keep Japan in Super Rugby News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49946/an-ex-ubs-banker-is-battling-to-keep-japan-in-super-rugby That decision came just months before Japan hosts the Rugby World Cup, shocking the club that has built a loyal following since its inaugural season in 2016, despite struggling to win games. Wealth and Asset Management Wealth Management in Hong Kong: The Digital Outlook Mitzi Limlengco Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49921/wealth-management-in-hong-kong-the-digital-outlook Traditional private bankers are used to the human touch, and some may find it challenging to accept what technology can offer. Wealth and Asset Management Global Wealth 2019: Reigniting Radical Growth Mitzi Limlengco Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49923/global-wealth-2019-reigniting-radical-growth This year’s report also draws on data from more than 150 wealth managers, whose input yielded insights about the performance pressures that many firms are facing and about strategic areas for improvement. Wealth and Asset Management DJ Carmichael being acquired by wealth manager Mitzi Limlengco Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49873/dj-carmichael-being-acquired-by-wealth-manager The acquisition announcement comes off the back of Shaw and Partners’ recent strategic partnership with Swiss Private Bank Wealth and Asset Management Hong Kong rich start moving assets offshore as fears rise News Aggregation Team Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49874/hong-kong-rich-start-moving-assets-offshore-as-fears-rise "The fear is that the bar is coming right down on Beijing's ability to get your assets in Hong Kong. Singapore is the favored destination." Wealth and Asset Management HSBC Private Banking issues market outlook for Q3 2019 News Aggregation Team Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49884/hsbc-private-banking-issues-market-outlook-for-q3-2019 Bank sees many investment opportunities despite complex landscape Wealth and Asset Management UBS loses China bond mandate as ‘pig’ row fallout grows News Aggregation Team Tuesday, June 18, 2019 1:00 am http://apbankers.net/article/49854/ubs-loses-china-bond-mandate-as-amplsquopigamprsquo-row-fallout-grows One of country’s largest SOEs shuts Swiss bank out of advising on big bond deal Wealth and Asset Management Michelle Lopez Promoted To Head Of Australian Equities News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49959/michelle-lopez-promoted-to-head-of-australian-equities Michelle joined ASI as an investment analyst from Willis Towers Watson in 2004 Executive Moves CLI names new finance chief News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49961/cli-names-new-finance-chief He was awarded as one of the top 10 outstanding students of the Philippines. Executive Moves HP Wealth Management Hires Former UBS Banker in Singapore News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49963/hp-wealth-management-hires-former-ubs-banker-in-singapore He will further strengthen our investment capabilities, with a particular focus on the family office segment,» founder and CEO Urs Brutsch said. Executive Moves Global manager appoints Aussie equities lead News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49964/global-manager-appoints-aussie-equities-lead Lopez was previously the deputy head of the team. She joined ASI as an analyst in 2004 from Willis Towers Watson. Executive Moves Westpac appoints remediation lead News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49966/westpac-appoints-remediation-lead Her appointment comes as reports of up to 300 roles being made redundant at BT Financial Group swirl. Executive Moves Franklin Templeton names institutional business director News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49967/franklin-templeton-names-institutional-business-director Jackson was formerly the head of global liquidity sales for Australia and New Zealand at J.P. Morgan for four years. Executive Moves Nomura Announces Top Management Appointments Ana Hall Monday, June 24, 2019 1:00 am http://apbankers.net/article/49971/nomura-announces-top-management-appointments Nomura Holdings has announced the appointment of members to Board of Directors and Executive Officers of the company. Executive Moves BAML recruits former Frydenberg senior adviser for banking News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49926/baml-recruits-former-frydenberg-senior-adviser-for-banking He left Citi to work as general manager of strategy at Murray Goulburn in 2016, which culminated in the group's $1.3 billion sale to Saputo Inc, and then landed in Fydenberg's office. Executive Moves Frontier adds consultant from WTW News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49908/frontier-adds-consultant-from-wtw He added that the role is integral to Frontier's business. Executive Moves Aberdeen Standard hires retirement head News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49910/aberdeen-standard-hires-retirement-head Jollie said his primary role will be to engage the market on retirement income needs and ultimately help provide retirement solutions for ASI clients. Executive Moves Notice Regarding Change of Line Securities Preparatory Corporation Trade Name Ana Hall Monday, June 24, 2019 1:00 am http://apbankers.net/article/49960/notice-regarding-change-of-line-securities-preparatory-corporation-trade-name The company is preparing to launch new securities brokerage solutions that meet the potential need of LINE users for asset-building and other services. Legal, Regulation & Compliance Labuan IBFC partners with Tricor Group to Enhance Outreach in China Ana Hall Monday, June 24, 2019 1:00 am http://apbankers.net/article/49962/labuan-ibfc-partners-with-tricor-group-to-enhance-outreach-in-china The arrangement, while non- exclusive, provides for a focused commitment by both parties to explore the expansive China market. Legal, Regulation & Compliance Super fund amends constitution News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49965/super-fund-amends-constitution The board will grow from eight seats to nine to accommodate the change, signaling the end for two current directors. Legal, Regulation & Compliance Banks to get deposit insurance regime News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49968/banks-to-get-deposit-insurance-regime The government said it is proposing a limit of between $30,000 and $50,000 for the deposit protection regime. Legal, Regulation & Compliance Pagcor orders POGOs to follow govt regulations News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49970/pagcor-orders-pogos-to-follow-govt-regulations Tria also urged POGOs not to hesitate to approach Pagcor should they need clarification. Legal, Regulation & Compliance Japan Post Bank to cap int'l transfers to counter money laundering News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49952/japan-post-bank-to-cap-intamp039l-transfers-to-counter-money-laundering The move by the state-backed bank comes as Japan faces an assessment this fall by the Financial Action Task Force, an international standard-setting body that promotes steps to combat money laundering and terrorist financing. Legal, Regulation & Compliance CapBridge, UOB ink deal to provide firms across Asia with access to private capital News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49958/capbridge-uob-ink-deal-to-provide-firms-across-asia-with-access-to-private-capital Through its investment syndication platform, CapBridge will match UOB's clients with anchor investors and accredited co-investors, catalysing private capital as a source of funding and helping these companies to broaden their investor base further. Legal, Regulation & Compliance BOJ holds fire on policy, but joins Fed in warning of mounting global risks News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49927/boj-holds-fire-on-policy-but-joins-fed-in-warning-of-mounting-global-risks It is keeping its short-term rate target at -0.1% and will keep buying government bonds, but half the analysts polled are expecting it to ease monetary policy further down the road Legal, Regulation & Compliance Hansard secures Japan licence News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49941/hansard-secures-japan-licence General manager appointed in Tokyo Legal, Regulation & Compliance Chinese Banks Face Liquidity Squeeze News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49942/chinese-banks-face-liquidity-squeeze This breaks with an implied government guarantee on all lending and has left banks with higher exposures to Baoshang to negotiate a resolution, and has disrupted the willingness of larger institutions to lend to smaller ones, the paper said. Legal, Regulation & Compliance Bravura will need round three to win GBST News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49955/bravura-will-need-round-three-to-win-gbst Street Talk understands GBST's board will meet to consider Bravura's revised $2.72 a share all cash offer, which trumped an earlier scrip and cash proposal that valued its target at $2.50 a share. FinTech JP Morgan launches cross-border digital payments in China Andro Bautista Friday, June 21, 2019 1:00 am http://apbankers.net/article/49925/jp-morgan-launches-cross-border-digital-payments-in-china J.P. Morgan has been actively exploring how emerging technologies such as blockchain, AI FinTech What's new with fintech development in Asia? News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49939/whatamp039s-new-with-fintech-development-in-asia Investment sentiment continues to be ripe in the region with growth opportunities and Singapore establishing itself as a fintech hub FinTech J.P. Morgan Launches E-Customs Payment Solution To Digitized Cross-Border Payments In China Ana Hall Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49907/jp-morgan-launches-e-customs-payment-solution-to-digitized-cross-border-payments-in-china The solution solves common pain points associated with the manual nature of such transactions. FinTech AI to reorganise Asia's insurance landscape News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49915/ai-to-reorganise-asiaamp039s-insurance-landscape The insurance industry in Asia is mostly welcoming of AI, and, according to Srikanth Venkatesan, Asia-Pacific head of insurance at Cognizant, the region is at the forefront of adopting newer technologies. FinTech HSBC’s scrapping of minimum balance fee for Hong Kong clients may prompt rivals to follow as they brace for competition with virtual banks News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49918/hsbcamprsquos-scrapping-of-minimum-balance-fee-for-hong-kong-clients-may-prompt-rivals-to-follow-as-they-brace-for-competition-with-virtual-banks Other major banks are likely to follow suit, say analysts, as they get ready to fend off competition from eight virtual banks due to launch this year FinTech FinTech in Asia: Tale of Two Cities, a Hawksford insight News Aggregation Team Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49882/fintech-in-asia-tale-of-two-cities-a-hawksford-insight In the FT’s 2018 1000 High-Growth Companies Asia-Pacific index, (Reference – FT article, April 2018), FinTech companies from the APAC region topped rankings. FinTech Insurer to add value via tech News Aggregation Team Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49890/insurer-to-add-value-via-tech The app offers discounts on services and retailers like Jenny Craig, The Iconic, Garmin, Allen Car's Easyway Quit Smoking program and DNAfit. FinTech Singapore's 3 big banks can defend market share against fintech threats: Moody's News Aggregation Team Tuesday, June 18, 2019 1:00 am http://apbankers.net/article/49847/singaporeamp039s-3-big-banks-can-defend-market-share-against-fintech-threats-moodyamp039s Equipped with vast financial resources, banks have been expanding their payment services in South-east Asia. FinTech HSBC Announces Digital Accounts Receivable Tool Built on Identitii’s Tokenisation Technology Ana Hall Tuesday, June 18, 2019 1:00 am http://apbankers.net/article/49865/hsbc-announces-digital-accounts-receivable-tool-built-on-identitiiamprsquos-tokenisation-technology Further roll out into new markets in Asia will generate additional revenue for Identitii, as previously reported FinTech Mahindra Finance and Manulife form Asset Management Joint Venture in India Ana Hall Monday, June 24, 2019 1:00 am http://apbankers.net/article/49948/mahindra-finance-and-manulife-form-asset-management-joint-venture-in-india Mahindra Finance is one of India's leading non-banking financial companies. Alternative Investments Nomura CEO faces shareholders after calls for his head News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49969/nomura-ceo-faces-shareholders-after-calls-for-his-head That could be just what the loss-making brokerage needs to meet its long-term challenges, according to Morningstar Inc. analyst Michael Makdad. Alternative Investments Governance push putting Japanese equities on radar News Aggregation Team Monday, June 24, 2019 1:00 am http://apbankers.net/article/49972/governance-push-putting-japanese-equities-on-radar With a 7.26% weighting now in the MSCI All Country World index, Japanese equities would currently account for roughly 4.4% of a typical balanced portfolio with allocations of 60% to global stocks and 40% to bonds. Alternative Investments India becomes investment darling for sovereign wealth and pension funds News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49947/india-becomes-investment-darling-for-sovereign-wealth-and-pension-funds Regulatory reforms are also bolstering sentiment and drawing in wealth funds Alternative Investments Vanguard’s tie-up with Ant Financial targets Chinese investment market News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49957/vanguardamprsquos-tie-up-with-ant-financial-targets-chinese-investment-market Union brings together two of the world’s most powerful financial institutions Alternative Investments Hong Kong's Fortune REIT to delist from Singapore Exchange News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49931/hong-kongamp039s-fortune-reit-to-delist-from-singapore-exchange Fortune REIT’s manager ARA Asset Management says in a statement on June 19 that the company intends to voluntarily delist the units, but did not say when this will become effective. Alternative Investments Malaysia fund managers view changing investor preferences as key shift in industry News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49932/malaysia-fund-managers-view-changing-investor-preferences-as-key-shift-in-industry The respondents represent 78% of total assets under management in Malaysia’s fund management industry in 2017. Alternative Investments India becomes investment darling for sovereign wealth and pension funds News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49936/india-becomes-investment-darling-for-sovereign-wealth-and-pension-funds Almost every jurisdiction in the western world is raising the bar for entry for foreign investors but in India it’s the other way round. Alternative Investments Future Super to offer investment app News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49937/future-super-to-offer-investment-app "Each investment will generate its returns from exposure to different infrastructure projects and other underlying assets," the PDS said. Alternative Investments AMP loses mandate to AustralianSuper News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49938/amp-loses-mandate-to-australiansuper AMP has lost a workplace superannuation fund contract to AustralianSuper. Alternative Investments How our tax system works News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49897/how-our-tax-system-works It's tax time again: time to start filling out the form or foisting figures and a bunch of receipts on your accountant. Tax Pakistan: Imran Khan announces tax evasion amnesty scheme News Aggregation Team Tuesday, June 11, 2019 1:00 am http://apbankers.net/article/49709/pakistan-imran-khan-announces-tax-evasion-amnesty-scheme The prime minister is seeking to end Pakistan's rampant tax evasion as he secures a major IMF bailout. Tax G-20 focus: Trade disruptions, taxing tech Michael Pilgrim Monday, June 10, 2019 1:00 am http://apbankers.net/article/49688/g-20-focus-trade-disruptions-taxing-tech Officials expected to voice support for interest rate cuts Tax Tax-effective wealth-building strategies at EOFY News Aggregation Team Friday, June 07, 2019 1:00 am http://apbankers.net/article/49653/tax-effective-wealth-building-strategies-at-eofy Couples can also benefit combined if one couple earns significantly more than another partner. Tax Tax cheat travel ban strengthened News Aggregation Team Friday, June 07, 2019 1:00 am http://apbankers.net/article/49655/tax-cheat-travel-ban-strengthened So tax dodgers without a travel document yet can apply for one and leave before the travel ban paperwork has been completed. Tax Former bank executive has tax evasion conviction quashed News Aggregation Team Friday, June 07, 2019 1:00 am http://apbankers.net/article/49660/former-bank-executive-has-tax-evasion-conviction-quashed The CCA declined to order a fresh trial because of their age, “they would both be in their 70s at the time of a new trial”, and because of the length of time that had elapsed since the offences occurred. Tax Australia targets cryptocurrencies in international tax crackdown News Aggregation Team Thursday, June 06, 2019 1:00 am http://apbankers.net/article/49648/australia-targets-cryptocurrencies-in-international-tax-crackdown The J5 was formed a year ago because of growing concern that tax avoidance, cybercrime and cryptocurrency abuse were escalating as criminals exploited differences between national tax laws. Tax Tax Office Investigating Individuals, Corporations for Offshore Tax Evasion Allegations News Aggregation Team Tuesday, May 28, 2019 1:00 am http://apbankers.net/article/49471/tax-office-investigating-individuals-corporations-for-offshore-tax-evasion-allegations The investigation targeting Hyundai Department Store is regarded as a regular rather than in-depth investigation. Tax Modi govt's failure to bury tax terrorism left foreign investors cold News Aggregation Team Wednesday, May 22, 2019 1:00 am http://apbankers.net/article/49393/modi-govtamp039s-failure-to-bury-tax-terrorism-left-foreign-investors-cold The niggling suspicion of global investors that they could lose billions to policy fickleness is far from allayed Tax Thailand funds boosted by economic recovery News Aggregation Team Tuesday, May 21, 2019 1:00 am http://apbankers.net/article/49353/thailand-funds-boosted-by-economic-recovery Thailand single-country equity products have posted strong long-term returns as the country now awaits the result of political horse-trading. Tax The Future is Asian: Can Asia rise to global dominance? News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49956/the-future-is-asian-can-asia-rise-to-global-dominance China is unlikely to impose either its traditional hierarchy-based Middle Kingdom or unipolarity in Asia or beyond, as other powers in Asia are also rising and can checkmate China. Comment, Analysis & Research ISLA: Asia is going to be a huge influence in the future News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49930/isla-asia-is-going-to-be-a-huge-influence-in-the-future Although the panellist thought Asia would be “hugely influential”, only 20 percent of the audience agreed. Comment, Analysis & Research Global wealth grew by slowest rate in 5 years in 2018: BCG News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49935/global-wealth-grew-by-slowest-rate-in-5-years-in-2018-bcg "The big question now, of course, is whether the pullback in wealth growth is a precursor to deeper changes," the firm's analysts wrote. Comment, Analysis & Research Will banks ever learn? by Marten Nelson News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49901/will-banks-ever-learn-by-marten-nelson Banks must realize who their real competitors are and form new alliances to address these new threats. Comment, Analysis & Research Global Impact Investing Network's 2019 Annual Impact Investor Survey Highlights A Diverse and Burgeoning Impact Investing Market Mitzi Limlengco Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49902/global-impact-investing-networkamp039s-2019-annual-impact-investor-survey-highlights-a-diverse-and-burgeoning-impact-investing-market The impact investing industry is diverse. Comment, Analysis & Research Study: Asia to drive global AM industry Ana Hall Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49905/study-asia-to-drive-global-am-industry Asia’s growing private wealth and pool of tech-savvy financial professionals should make it the world’s investment hub, but AI threatens industry jobs, according to a CFA Institute survey report. Comment, Analysis & Research RMB internationalisation: Does it show green shoots of promise? News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49912/rmb-internationalisation-does-it-show-green-shoots-of-promise Rebound in offshore renminbi usage suggests corporates respond pragmatically to better economic news Comment, Analysis & Research UBS ‘Chinese Pig’ Apology Doesn’t Fly News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49922/ubs-amplsquochinese-pigamprsquo-apology-doesnamprsquot-fly At least one Chinese client dropped UBS from a bond deal and traders at some asset managers stopped dealing with the bank Comment, Analysis & Research Calastone study reveals returns and fees are the investment priorities for millennials not ethical investing Ana Hall Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49878/calastone-study-reveals-returns-and-fees-are-the-investment-priorities-for-millennials-not-ethical-investing The millennials are a digitally astute demographic, without significant sums of money to invest. Comment, Analysis & Research DBS Foundation Social Enterprise Grant 2019 opens for submissions Ana Hall Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49885/dbs-foundation-social-enterprise-grant-2019-opens-for-submissions DBS also launched the DBS Social Enterprise Support Programme in 2018 Comment, Analysis & Research Landbank expands rollout of digital onboarding system News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49954/landbank-expands-rollout-of-digital-onboarding-system Since its launch in 2018, more than 98,000 accounts have so far been opened through the system, Borromeo said. Retail Banking Banks Not Seeing Revenue Growth Despite Technology Investments News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49928/banks-not-seeing-revenue-growth-despite-technology-investments It found that while half (50 percent) them are achieving higher profitability, this is the result of lower operating costs and not revenue growth. Retail Banking UOB Kay Hian emerges as suitor for DBS Vickers' remisier base News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49929/uob-kay-hian-emerges-as-suitor-for-dbs-vickersamp039-remisier-base Sources say the two parties are in talks for the transfer of the remisiers and trading reps as a group Retail Banking NAB makes $2bn lending commitment to tech companies News Aggregation Team Friday, June 21, 2019 1:00 am http://apbankers.net/article/49933/nab-makes-2bn-lending-commitment-to-tech-companies “NAB can support technology companies at every stage of their development - from NAB Ventures which backs starts ups through to big business.” Retail Banking MUFG faces multibillion-dollar write-down on Indonesian bank News Aggregation Team Friday, June 14, 2019 1:00 am http://apbankers.net/article/49787/mufg-faces-multibillion-dollar-write-down-on-indonesian-bank Danamon's shares tanked after MSCI index removal Retail Banking CBA sells advice dealer group News Aggregation Team Thursday, June 13, 2019 1:00 am http://apbankers.net/article/49770/cba-sells-advice-dealer-group According to Rainmaker analysis of the ASIC Financial Adviser Register, as of this morning Count Financial is home to 351 active financial advisers. Retail Banking Bank puts hold on regional branch closures until 2022 News Aggregation Team Tuesday, June 11, 2019 1:00 am http://apbankers.net/article/49712/bank-puts-hold-on-regional-branch-closures-until-2022 The moves have drawn the ire of Regional Development minister Shane Jones who last year complained to Reserve Bank governor Adrian Orr and said banks should be required to maintain a certain level of service given how much they make in profits. Retail Banking RCBC sustainability bond marks new milestone News Aggregation Team Friday, June 07, 2019 1:00 am http://apbankers.net/article/49661/rcbc-sustainability-bond-marks-new-milestone RCBC upsized the sustainability peso bond due to considerable investor demand, with the proceeds mainly directed towards green-minded loans for customers or its own activities Retail Banking Mizuho Financial chief executive says path to retail banking in Asia is online News Aggregation Team Thursday, June 06, 2019 1:00 am http://apbankers.net/article/49628/mizuho-financial-chief-executive-says-path-to-retail-banking-in-asia-is-online Japan’s biggest banks have made Asia their focus as persistently low interest rates and a sluggish economy hurt prospects at home. Retail Banking Path to take to enter Asian retail banking business is online, says Mizuho CEO News Aggregation Team Wednesday, June 05, 2019 1:00 am http://apbankers.net/article/49611/path-to-take-to-enter-asian-retail-banking-business-is-online-says-mizuho-ceo Japan's third-largest banking group is more likely to either buy an online lender or build one from scratch itself, rather than acquire banks with physical branches, CEO Tatsufumi Sakai said in an interview. Retail Banking Nomura Individual Investor Survey News Aggregation Team Thursday, June 20, 2019 1:00 am http://apbankers.net/article/49914/nomura-individual-investor-survey The Nomura Individual Investor Survey is a periodic survey conducted with the aim of better understanding investing activity by individuals and providing information on related trends. Investment Bank Chong Hing Bank integrates J.P. Morgan’s Interbank Information Network News Aggregation Team Thursday, June 13, 2019 1:00 am http://apbankers.net/article/49792/chong-hing-bank-integrates-jp-morganamprsquos-interbank-information-network Edward Chiu, executive vice president and COO at Chong Hing Bank, said: “As a fast-growing bank in Hong Kong and other cities in the Greater Bay Area, we have undergone significant digital transformation in recent years and will continue to add new Investment Bank SMBC Bangkok goes for top spot News Aggregation Team Friday, June 07, 2019 1:00 am http://apbankers.net/article/49672/smbc-bangkok-goes-for-top-spot The bank's customer base includes more than 3,000 Japanese-owned businesses Investment Bank Banking minnows merge as tech costs soar News Aggregation Team Tuesday, June 04, 2019 1:00 am http://apbankers.net/article/49568/banking-minnows-merge-as-tech-costs-soar It is expected to be completed by July 1 and is subject to approval by the regulator. Investment Bank J.P. Morgan cuts management fees News Aggregation Team Tuesday, June 04, 2019 1:00 am http://apbankers.net/article/49579/jp-morgan-cuts-management-fees Hallifax observes that Australians are reassessing the role bonds play in their portfolios, given the market conditions. Investment Bank Cimb, capBridge to provide firms access to private capital News Aggregation Team Tuesday, June 04, 2019 1:00 am http://apbankers.net/article/49594/cimb-capbridge-to-provide-firms-access-to-private-capital The wide-ranging partnership provides a unique value proposition to CIMB’s SME Investment Bank CIMB partners CapBridge to offer customers access to private capital, liquidity News Aggregation Team Monday, June 03, 2019 1:00 am http://apbankers.net/article/49555/cimb-partners-capbridge-to-offer-customers-access-to-private-capital-liquidity CapBridge's founder and CEO Johnson Chen, meanwhile, said private companies will get a fully integrated private capital solution within the CapBridge eco-system. Investment Bank Japan's largest bank targets big job cuts among London managers News Aggregation Team Friday, May 31, 2019 1:00 am http://apbankers.net/article/49542/japanamp039s-largest-bank-targets-big-job-cuts-among-london-managers MUFG will accept applications until the end of July and the number of retirees will be decided on that basis, a person with knowledge of the matter said. Investment Bank OCBC Bank finances large scale solar project News Aggregation Team Tuesday, May 28, 2019 1:00 am http://apbankers.net/article/49454/ocbc-bank-finances-large-scale-solar-project "Our two-pronged approach is to first cease financing coal-fired power plants and then replace them with greener alternatives such as the LSS plant in Perlis. Investment Bank Q4 Results: Bank Of Baroda Posts Surprise Loss As Provisions Rise News Aggregation Team Thursday, May 23, 2019 1:00 am http://apbankers.net/article/49412/q4-results-bank-of-baroda-posts-surprise-loss-as-provisions-rise Its gross non-performing assets narrowed to 9.61 percent from 11.01 percent as of December. Investment Bank Japan and South Korea lag on climate action: UK asset manager News Aggregation Team Sunday, June 23, 2019 1:00 am http://apbankers.net/article/49953/japan-and-south-korea-lag-on-climate-action-uk-asset-manager LGIM drops Kepco and others from its environmental, social and governance funds ESG Asset owners motivated by investment consequences News Aggregation Team Wednesday, June 19, 2019 1:00 am http://apbankers.net/article/49879/asset-owners-motivated-by-investment-consequences A new whitepaper has revealed that Asia’s top asset owners are motivated by an increasing recognition that their investment decisions have material consequences for the environment. ESG Fixed Income is Redefining Sustainable Investing News Aggregation Team Thursday, June 13, 2019 1:00 am http://apbankers.net/article/49793/fixed-income-is-redefining-sustainable-investing Despite this tremendous growth, we believe it is still early days, in particular for ESG investing via fixed income. ESG Sustainability Means Business News Aggregation Team Wednesday, June 12, 2019 1:00 am http://apbankers.net/article/49731/sustainability-means-business EIU Consulting is a bespoke service designed to provide solutions specific to our customers’ needs ESG After fending off eco-warriors, Asia Inc finds 'ESG' investors hard to ignore News Aggregation Team Wednesday, June 12, 2019 1:00 am http://apbankers.net/article/49747/after-fending-off-eco-warriors-asia-inc-finds-amp039esgamp039-investors-hard-to-ignore Japanese banks curb lending to coal plants after pressure from powerful investment funds ESG Asian wealth moves to discretionary management and ESG investments News Aggregation Team Monday, June 10, 2019 1:00 am http://apbankers.net/article/49694/asian-wealth-moves-to-discretionary-management-and-esg-investments The momentum to move wealth into financial assets that covet ESG themes is gathering pace, especially as a more environmentally-aware generation starts to place investments ESG Is Asia narrowing the ESG gap? News Aggregation Team Thursday, June 06, 2019 1:00 am http://apbankers.net/article/49625/is-asia-narrowing-the-esg-gap Last month Hong Kong issued its debut green bond and is looking to earn a reputation as a green finance centre. ESG Chinese banks risk supporting soy-related deforestation, report finds Ana Hall Tuesday, June 04, 2019 1:00 am http://apbankers.net/article/49599/chinese-banks-risk-supporting-soy-related-deforestation-report-finds What’s more, Gillespy said, “These figures are only set to grow with China’s increasing reliance on soy imported from Brazil.” ESG HSBC GAM to launch EM green bond fund News Aggregation Team Tuesday, June 04, 2019 1:00 am http://apbankers.net/article/49600/hsbc-gam-to-launch-em-green-bond-fund The fund will have IFC as an anchor investor and the managers will look for non-financial sector green bonds issued by developing countries. ESG Lack of unified standards is major challenge for green bonds in APAC News Aggregation Team Friday, May 31, 2019 1:00 am http://apbankers.net/article/49541/lack-of-unified-standards-is-major-challenge-for-green-bonds-in-apac Proliferation of standards including international, regional, and domestic standards issued by regulators in China and the EU results in market segmentation ESG