Managers of Wealth - Asia http://apbankers.net/ Tue, 29 Sep 2020 02:01:21 BST part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Slippage in September By Gary Dugan News Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58773/slippage-in-september-by-gary-dugan The global economy and markets continue their correction from the strength seen earlier in the summer. Wealth and Asset Management Ping An Asset Management Eyes $100 Billion Within Five Years News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58788/ping-an-asset-management-eyes-100-billion-within-five-years In addition to higher yields and a stronger expected post-pandemic recovery from the Chinese market, Ping An will also leverage its operations in banking, insurance and technology to competitively source «quality deals». Wealth and Asset Management HSBC struggles to escape as the dragon and the eagle bare claws News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58748/hsbc-struggles-to-escape-as-the-dragon-and-the-eagle-bare-claws Though the list itself is yet to be published, speculation is mounting that HSBC, a big player in the dollar clearing market, could be on it. Wealth and Asset Management Hong Kong banks see bigger role in GBA wealth management News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58709/hong-kong-banks-see-bigger-role-in-gba-wealth-management High net worth individuals will help drive business growth in bay area, says Moody's Wealth and Asset Management Positive event risks for gold News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58733/positive-event-risks-for-gold The latest CFTC data bears this out. Wealth and Asset Management Maintaining a resilient treasury function News Aggregation Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58641/maintaining-a-resilient-treasury-function Highlighting the importance of centralization and liquidity management in 2020 Wealth and Asset Management Wealth solutions for today and tomorrow must focus on operational agility News Team Tuesday, September 22, 2020 1:00 am http://apbankers.net/article/58653/wealth-solutions-for-today-and-tomorrow-must-focus-on-operational-agility I share my perspective on some of the key aspects you should consider to grow and optimize your business. Wealth and Asset Management Australia re-opens for investment from HNW migrants News Aggregation Team Monday, September 21, 2020 1:00 am http://apbankers.net/article/58607/australia-re-opens-for-investment-from-hnw-migrants These migrant investors are keen to help stimulate business and employment through ventures in their new homeland. Wealth and Asset Management The Hong Kong Wealth Shift: Pitfalls for Wealth Professionals and the Ultra-Wealthy News Aggregation Team Friday, September 18, 2020 1:00 am http://apbankers.net/article/58567/the-hong-kong-wealth-shift-pitfalls-for-wealth-professionals-and-the-ultra-wealthy Hong Kong may be less and less the low tax, free market, rule of law safe haven it once was for ultra-high net worth individuals to live and invest their assets. Wealth and Asset Management Singapore asset management industry and central bank to help bolster talent News Aggregation Team Friday, September 18, 2020 1:00 am http://apbankers.net/article/58557/singapore-asset-management-industry-and-central-bank-to-help-bolster-talent The programme will last for at least six to eight months, and is fully integrated with on-the-job training with the industry, according to Chief Executive Foo Mee Har. Wealth and Asset Management Hawksford makes three senior appointments to its global team News Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58777/hawksford-makes-three-senior-appointments-to-its-global-team Hawksford is immersed in some of world’s most dynamic and exciting markets Executive Moves BDO hires Marla Garin-Alvarez from Thomson Reuters to head sustainability reporting News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58763/bdo-hires-marla-garin-alvarez-from-thomson-reuters-to-head-sustainability-reporting Garin-Alvarez will be supporting the Philippines’ largest bank in its sustainability plan, which includes boosting its renewable energy targets by 2030. Executive Moves Cbus appoints new investment leadership role News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58770/cbus-appoints-new-investment-leadership-role The shift in investment strategy has seen the fund back ambitious construction projects, including a $1 billion tower in Melbourne slated to be completed by 2023. Executive Moves AXA IM country head exits News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58771/axa-im-country-head-exits Core comprises fixed income, Framlington Equities, multi-asset investment platforms and Rosenberg Equities. Executive Moves New role for former Credit Suisse Australia chief News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58772/new-role-for-former-credit-suisse-australia-chief Knox will work closely with Ares SSG chief executive Edwin Wong and head of strategy Eric Vimont. Executive Moves Succession Plus appoints NowInfinity founder News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58702/succession-plus-appoints-nowinfinity-founder “We are part way through a major software build to scale our offering to the market and her experience and personal network will add substantial value to that process.” Executive Moves Ex-Christian Super CIO joins wealth management outfit News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58720/ex-christian-super-cio-joins-wealth-management-outfit His role on the investment committee would focus on impact investing and ESG. Executive Moves Vanguard Hires Ex-Regulator News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58730/vanguard-hires-ex-regulator Global asset managers have recently accelerated their efforts to obtain a foothold in the opening mainland market. Executive Moves HSBC Appoints Hong Kong Head of Wealth Unit News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58732/hsbc-appoints-hong-kong-head-of-wealth-unit Maggie Ng, currently Greater China CEO of online trading provider IG Group, will join HSBC as its head of Wealth and Personal Banking (WPB), Hong Kong, effective 1 December 2020. Executive Moves Investors urged to look east as Japan appoints new PM News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58739/investors-urged-to-look-east-as-japan-appoints-new-pm Richard Batty, multi-asset fund manager at Invesco, said: “As the cabinet secretary, Mr Suga has been at the heart of the Abe administration." Executive Moves China to combine QFII and RQFII schemes News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58781/china-to-combine-qfii-and-rqfii-schemes Other more recent inbound initiatives, such as the stock and bond connect programmes, have made the QFII and RQFII less relevant. Legal, Regulation & Compliance Financial Regulation: Weekly Update News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58790/financial-regulation-weekly-update Covid-19: Government launches financial industry recruitment scheme Legal, Regulation & Compliance As bank giant's shares sink to new low, HSBC to face class action over money laundering claims News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58745/as-bank-giantamp039s-shares-sink-to-new-low-hsbc-to-face-class-action-over-money-laundering-claims Class action lawsuits allow multiple claims against a single defendant. Legal, Regulation & Compliance Chinese investors, beware: EU vows to take aim at ‘golden visas’ programmes News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58746/chinese-investors-beware-eu-vows-to-take-aim-at-amplsquogolden-visasamprsquo-programmes Such passports, which some countries issue in return for investments, are popular because they provide freedom of movement among all EU nations Legal, Regulation & Compliance 44 Indian banks reported to watchdog for large suspicious transactions News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58751/44-indian-banks-reported-to-watchdog-for-large-suspicious-transactions Records show there are cases where ‘suspicious transactions’ have been carried out through the international payment gateway of foreign banks, said the paper. Legal, Regulation & Compliance India regulator mulls measures to lower bond fund redemption risk, report says News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58756/india-regulator-mulls-measures-to-lower-bond-fund-redemption-risk-report-says The report did not provide more details or provide a timeline for the measures. Spokespersons for Sebi did not immediately respond to questions from Asia Asset Management. Legal, Regulation & Compliance Thailand securities regulator seeks investigative power, report says News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58758/thailand-securities-regulator-seeks-investigative-power-report-says "The proposed amendment is expected to be submitted to the SEC's board of directors, then to the finance minister during the first quarter of next year," Legal, Regulation & Compliance Thailand: BOT to Revamp Banks’ Reporting Requirements News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58762/thailand-bot-to-revamp-banksamprsquo-reporting-requirements The reforms will seek to adjust the reporting format to align with international standards, thereby reduce data processing steps for financial institutions and the costs associated with reporting, while increasing reporting efficiency. Legal, Regulation & Compliance Westpac and AUSTRAC reach agreement on AML/CTF civil proceedings subject to Federal Court approval News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58703/westpac-and-austrac-reach-agreement-on-amlctf-civil-proceedings-subject-to-federal-court-approval Westpac Group Chief Executive Officer, Peter King, said: “I would like to apologise sincerely for the Bank’s failings. Legal, Regulation & Compliance Hong Kong company director arrested on suspicion of laundering HK$400 million News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58706/hong-kong-company-director-arrested-on-suspicion-of-laundering-hk400-million Woman’s bank accounts linked to alleged money laundering by family of five taken into custody two weeks ago, customs says Legal, Regulation & Compliance DBS: Digital Banking Not Singapore's Biggest Industry Disruptor News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58787/dbs-digital-banking-not-singaporeamp039s-biggest-industry-disruptor In contrast, digital banks are expected to turn a profit slowly even if they do manage to grab a 1-5 percent market share of the unsecured retail and SME (small and medium-sized enterprise) loan market in the initial years. FinTech OneConnect wins IFTA FinTech Achievement Award for Digital Banking News Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58752/oneconnect-wins-ifta-fintech-achievement-award-for-digital-banking The awarded OneConnect Bank Solution demonstrates OneConnect's core technologies and advantages. FinTech Six Park, Rollit Wealth announce partnership News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58769/six-park-rollit-wealth-announce-partnership Aranwela believes the new integration "makes sense" for both employers and employees alike. FinTech What did we learn from CREALOGIX Open Innovation Day 2020? News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58712/what-did-we-learn-from-crealogix-open-innovation-day-2020 The sense of urgency came across loud and clear – consumers’ tastes and expectations are changing rapidly; they are setting the pace and financial institutions must race to keep up. FinTech ConsenSys wins Hong Kong central bank digital currency project News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58737/consensys-wins-hong-kong-central-bank-digital-currency-project The aim is to ‘build a proof-of-concept (PoC) where a THB-HKD cross-border corridor network is set up as a bridge between the Inthanon and the LionRock networks”. FinTech DBS teams up with AntChain for trade finance platform News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58738/dbs-teams-up-with-antchain-for-trade-finance-platform Tan Su Shan, Group Head of Institutional Banking, DBS Bank, said that DBS’ partnership with AntChain underscores its commitment to SMEs in providing optimal and timely working capital support which is key to their survival in this period of prolonge FinTech DBS, StanChart offer Google Pay option for transfers to PayNow users News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58740/dbs-stanchart-offer-google-pay-option-for-transfers-to-paynow-users Google Pay users can also pay merchants by scanning QR codes (SGQR or PayNow QR) or by entering a unique entity number. FinTech Singapore digital wealth manager raises $18.6m News Team Thursday, September 24, 2020 1:00 am http://apbankers.net/article/58680/singapore-digital-wealth-manager-raises-186m This latest capital injection will allow Syfe to accelerate its journey toward reshaping the future of investing and saving in Asia. FinTech We’ve officially launched a new virtual bank Mox in Hong Kong News Aggregation Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58670/weamprsquove-officially-launched-a-new-virtual-bank-mox-in-hong-kong It also underscores Standard Chartered’s continued momentum in digitising its Retail Banking business and building strong strategic collaborations in response to the changing digital habits of clients across its markets. FinTech Singapore banks juice up data drive to customise personal finance News Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58664/singapore-banks-juice-up-data-drive-to-customise-personal-finance More customers also made the switch to transact online. FinTech Korea seeks to toughen hedge fund laws amid fraud scandals News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58784/korea-seeks-to-toughen-hedge-fund-laws-amid-fraud-scandals Funds with non-marketable assets, or assets with poor liquidity, making up more than 50 percent of the total would be restricted from being marketed as an open-ended fund. Alternative Investments FTSE Russell Green Lights Chinese Govies for Index Inclusion News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58789/ftse-russell-green-lights-chinese-govies-for-index-inclusion The latest inclusion follows a broader trend of marketing opening by Chinese authorities. In May this year, foreign investor access into mainland equity markets were also loosened after regulators scrapped quota limits for its cross-border channels &l Alternative Investments Global Financial Centres Index 28 News Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58744/global-financial-centres-index-28 GFCI 28 again shows a relatively high level of volatility, with 23 centres rising ten or more places in the rankings and 20 falling ten or more places. Alternative Investments HK financial system 'resilient' as city moves up in world ranking News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58749/hk-financial-system-amp039resilientamp039-as-city-moves-up-in-world-ranking The coronavirus pandemic has severely dented the financial performance of major financial centres, said Liu Guohong, director of the Finance and Modern Industry Research Center at the China development Institute. Alternative Investments China's Ping An Insurance boosts HSBC stake News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58750/chinaamp039s-ping-an-insurance-boosts-hsbc-stake The Chinese insurer began buying shares in the bank, which makes the bulk of its revenue in Asia, in 2016 as part of its insurance investments and in December 2017 passed the 5% threshold after which it had to announce its holding. Alternative Investments Japan’s Nippon Life invests US$100 million in Grove Street healthcare fund News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58757/japanamprsquos-nippon-life-invests-us100-million-in-grove-street-healthcare-fund Impact investing refers to investments in enterprises that generate social and environmental impact, in addition to financial returns. Alternative Investments Aberdeen Standard Investments Adds New Financial Planning Firms to Growing SMA Service News Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58759/aberdeen-standard-investments-adds-new-financial-planning-firms-to-growing-sma-service The investment solutions embrace goals-based investing to deliver specific outcomes for clients through all market conditions. Alternative Investments Red flag waves as demand wanes at Southeast Asia bond auctions News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58760/red-flag-waves-as-demand-wanes-at-southeast-asia-bond-auctions Taken as a whole, these developments suggest the rally in Southeast Asian bonds following the initial outbreak of the coronavirus is starting to look like it may be over. Alternative Investments Japan's retail property sector leads market rally as lockdowns ease News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58764/japanamp039s-retail-property-sector-leads-market-rally-as-lockdowns-ease MSCI's index of Japanese Real Estate Investment Trusts has risen 11.6 per cent since May. Alternative Investments Iress sweetens OneVue offer News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58765/iress-sweetens-onevue-offer OneVue shareholders will meet virtually to consider and vote on the proposal on 9 October 2020. Alternative Investments Filing 100 dodgy income tax returns earns TPB termination News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58701/filing-100-dodgy-income-tax-returns-earns-tpb-termination The TPB terminated the agent’s registration and imposed a five-year non-application period. Tax Hong Kong: Tax authorities commence transfer pricing documentation compliance reviews News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58741/hong-kong-tax-authorities-commence-transfer-pricing-documentation-compliance-reviews Transfer pricing rules were first introduced in Hong Kong via the Inland Revenue (Amendment) (No. 6) Ordinance 2018 in July 2018. Tax Tax-preferred status of super being placed at risk News Aggregation Team Monday, September 14, 2020 1:00 am http://apbankers.net/article/58452/tax-preferred-status-of-super-being-placed-at-risk The tax-preferred status of superannuation would be placed at risk if it was allowed to become a virtual “piggy bank” from which people could draw funds for any purpose they liked Tax Tax Incentives Raise Hong Kong's Shipping Finance Profile News Aggregation Team Tuesday, September 01, 2020 1:00 am http://apbankers.net/article/58182/tax-incentives-raise-hong-kongamp039s-shipping-finance-profile New tax incentives to attract ship owners and lessors to Hong Kong will both enhance the jurisdiction's status as a key shipping leasing centre for the Asia-Pacific region. Tax Gov’t tax take seen to drop by 22% in 2020 News Aggregation Team Friday, August 28, 2020 1:00 am http://apbankers.net/article/58106/govamprsquot-tax-take-seen-to-drop-by-22-in-2020 Tax take from net incomes and profits, which accounts for the bulk of the BIR’s yearly collection, is seen dropping to P786.8 billion this year from P1.15 trillion in 2019. Tax The 30 largest accounting and advisory firms in Singapore News Aggregation Team Tuesday, August 25, 2020 1:00 am http://apbankers.net/article/58016/the-30-largest-accounting-and-advisory-firms-in-singapore The usual suspects of RSM, BDO and Baker Tilly follow at a distance. Tax The Edge says: Imposing a tax on unsold and vacant properties will be a disaster News Aggregation Team Sunday, August 23, 2020 1:00 am http://apbankers.net/article/57981/the-edge-says-imposing-a-tax-on-unsold-and-vacant-properties-will-be-a-disaster The QC scheme requires a development to be completed in five years and all units to be fully sold within two years of completion. Tax Hong Kong-Macao tax arrangement in force News Aggregation Team Friday, August 21, 2020 1:00 am http://apbankers.net/article/57968/hong-kong-macao-tax-arrangement-in-force For Macao residents, double taxation will be avoided by way of exemption of the income taxed in Hong Kong from the Macao tax, or by crediting the Hong Kong tax paid against the Macao tax payable in respect of the same income. Tax Tax haven residents hold $5.7 billion of cash in Australia News Aggregation Team Tuesday, August 04, 2020 1:00 am http://apbankers.net/article/57604/tax-haven-residents-hold-57-billion-of-cash-in-australia Residents of the Marshall Island and other tax havens hold $5.7 billion worth of deposits in Australia. Tax Singapore eyes 50% penalty for tax avoidance News Aggregation Team Thursday, July 30, 2020 1:00 am http://apbankers.net/article/57519/singapore-eyes-50-penalty-for-tax-avoidance People will only have one month to pay even if they appeal the fine Tax Managing the evolving compliance landscape facing multinationals News Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58780/managing-the-evolving-compliance-landscape-facing-multinationals We take a closer look at the findings of the Global Business Complexity Index 2020 Comment, Analysis & Research How Millennials And Gen Z Will Re-Invent Banking? News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58753/how-millennials-and-gen-z-will-re-invent-banking The financial value of millennials to the banking system is expected to increase by almost 80% in the next five years to more than $27 billion from the current $15.7 billion in revenue that millennials contribute Comment, Analysis & Research Cayman ranks seventh highest debtor to Taiwan's banks News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58754/cayman-ranks-seventh-highest-debtor-to-taiwanamp039s-banks Australia followed in sixth place at US$24.98 billion. Comment, Analysis & Research Will further lowering of interest rates be beneficial? News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58761/will-further-lowering-of-interest-rates-be-beneficial As all too often, people pay off their home loan before looking to invest, as they believe this creates more financial security Comment, Analysis & Research Is It Time For An Agile Revolution In Financial Services? News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58710/is-it-time-for-an-agile-revolution-in-financial-services In this article, we talk about why agile is key to Financial Institutions successful digital transformation journey. Comment, Analysis & Research Singapore among countries likely to recover first; global economic recovery slated to stretch to 2023 and beyond: S&P Global Ratings News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58711/singapore-among-countries-likely-to-recover-first-global-economic-recovery-slated-to-stretch-to-2023-and-beyond-sampampp-global-ratings Singapore, along with China, Canada, Hong Kong, South Korea, and Saudi Arabia are among the banking systems that are likely to recover first from the Covid-19-induced economic downturn, says S&P Global Ratings. Comment, Analysis & Research More clarity on life insurance best interest duty needed: Research News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58728/more-clarity-on-life-insurance-best-interest-duty-needed-research The report said these additions are not necessarily driven by customer needs and in many circumstances customers have only a superficial understanding of the full product when they buy it. Comment, Analysis & Research How financial planning will change post Covid-19 News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58735/how-financial-planning-will-change-post-covid-19 According to a survey done by OCBC, many here do not have enough savings to allow them to maintain their current lifestyle beyond 6 months if they were to lose their jobs. Comment, Analysis & Research Asian equity monthly by Nikko Asset Management News Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58736/asian-equity-monthly-by-nikko-asset-management This is a big positive change versus the response post the Global Financial Crisis Comment, Analysis & Research The storm is coming, where can the Greater China Issuers go? News Team Thursday, September 24, 2020 1:00 am http://apbankers.net/article/58679/the-storm-is-coming-where-can-the-greater-china-issuers-go This article aims to provide an overview of Chapter 19C of the Listing Rules as a route to secondary listing in Hong Kong with a focus on Greater China Issuers. Comment, Analysis & Research SC Bank Korea partners Toss to launch short-term personal loan News Aggregation Team Tuesday, September 29, 2020 1:00 am http://apbankers.net/article/58776/sc-bank-korea-partners-toss-to-launch-short-term-personal-loan SC Bank Korea receives application for the program via Toss’ mobile app and requests the fintech company to evaluate financial credit of a potential borrower Retail Banking OCBC Bank makes digital push News Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58681/ocbc-bank-makes-digital-push Bearing in mind that well over 80% of Malaysians use the internet and over 70% reportedly access social media via their mobile devices, the way of the future is clear enough to understand. Retail Banking Industrial and Commercial Bank of China seeks up to $4.4 billion in capital deal News Aggregation Team Thursday, September 17, 2020 1:00 am http://apbankers.net/article/58524/industrial-and-commercial-bank-of-china-seeks-up-to-44-billion-in-capital-deal Bank of China raised $2.82 billion in late February by issuing the same type of offshore preference shares with a yield of 3.6 per cent. Retail Banking Australia Ranks 18th on 'Cheapest Tech' List News Team Tuesday, September 15, 2020 1:00 am http://apbankers.net/article/58471/australia-ranks-18th-on-amp039cheapest-techamp039-list CommSec has maintained its iPod, iPad and iPhone indexes since January 2007 Retail Banking CBA Launches No Interest Payment Card, Command Neo News Team Friday, September 11, 2020 1:00 am http://apbankers.net/article/58404/cba-launches-no-interest-payment-card-command-neo These rewards offer *eligible customers real benefits through CommBank Neo as they provide access to cashback offerings from a range of retailers. Retail Banking House of the year, Taiwan: CTBC Bank News Aggregation Team Thursday, September 10, 2020 1:00 am http://apbankers.net/article/58370/house-of-the-year-taiwan-ctbc-bank Asia Risk Awards 2020 Retail Banking DBS named world’s best bank by New York-based financial publication News Aggregation Team Monday, September 07, 2020 1:00 am http://apbankers.net/article/58283/dbs-named-worldamprsquos-best-bank-by-new-york-based-financial-publication DBS was also named “World’s Best Bank” by Euromoney magazine in 2019. Retail Banking Bad debt wave drags China's big banks to their worst profit drop News Aggregation Team Monday, August 31, 2020 1:00 am http://apbankers.net/article/58166/bad-debt-wave-drags-chinaamp039s-big-banks-to-their-worst-profit-drop The banks also warned that the second half would continue to be challenging. Retail Banking Maybank Q2 profit drops 52% News Aggregation Team Friday, August 28, 2020 1:00 am http://apbankers.net/article/58089/maybank-q2-profit-drops-52 Malaysia's economy shrunk 17.1 per cent in the second quarter, plunging into its first contraction since the 2009 global financial crisis Retail Banking Small Bussines Get Funds In Minutes With Bizexpress Online News Team Thursday, August 27, 2020 1:00 am http://apbankers.net/article/58087/small-bussines-get-funds-in-minutes-with-bizexpress-online This digital transformation of CBA’s BizExpress product has been fast-tracked to help small businesses Retail Banking More banks expect deeper contraction for Philippines this year News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58747/more-banks-expect-deeper-contraction-for-philippines-this-year The Philippine economy slipped into recession after contracting by a record 16.5 percent in the second quarter from 0.7percent in the first quarter as the entire Luzon was placed under enhanced community quarantine in the middle of March. Investment Bank OCBC prices $200 mil 3% perpetual capital securities first callable in 2030 News Aggregation Team Friday, September 25, 2020 1:00 am http://apbankers.net/article/58742/ocbc-prices-200-mil-3-perpetual-capital-securities-first-callable-in-2030 The securities will be giving holders semi-annual distributions in arrear at a fixed rate of 3% per annum. Investment Bank BEA Readies Insurance Arm Sales Plan News Aggregation Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58691/bea-readies-insurance-arm-sales-plan BEA Life had about HK$25.4 billion ($3.3 billion) in assets as of the end of June, according to the latest financial report, with commission income rising over 49 percent in the first half. Investment Bank Top deal makers to lead Magellan and Barclays investment bank startup News Aggregation Team Tuesday, September 22, 2020 1:00 am http://apbankers.net/article/58619/top-deal-makers-to-lead-magellan-and-barclays-investment-bank-startup Ken MacKenzie, the chairman of BHP and former chief executive of Amcor, will join in early 2021 as a senior strategy partner. Cynthia Whelan, who has held executive positions at Scentre Group and Telstra, is a senior adviser. Investment Bank Investment banking fees down in Singapore News Aggregation Team Tuesday, September 22, 2020 1:00 am http://apbankers.net/article/58654/investment-banking-fees-down-in-singapore Activities across M&A, DCM and ECM decline from 2019 levels Investment Bank HSBC HK shares drop to lowest since 1995, StanChart falls after 'FinCEN' leak News Aggregation Team Monday, September 21, 2020 1:00 am http://apbankers.net/article/58598/hsbc-hk-shares-drop-to-lowest-since-1995-stanchart-falls-after-amp039fincenamp039-leak HSBC shares in Hong Kong fell as much as 4.4% to HK$29.60 on Monday morning, the lowest since May 1995, while StanChart dropped as much as 3.8% to HK$35.80, the lowest since May 25 this year. Investment Bank BEA UnionPay Debit Cards Linked to UnionPay App News Team Tuesday, September 15, 2020 1:00 am http://apbankers.net/article/58469/bea-unionpay-debit-cards-linked-to-unionpay-app Greater convenience in mobile payments across the GBA Investment Bank Deutsche Bank provides USD43 million structured trade finance facility to CNTIC for electricity generation project in rural Myanmar News Team Tuesday, September 15, 2020 1:00 am http://apbankers.net/article/58470/deutsche-bank-provides-usd43-million-structured-trade-finance-facility-to-cntic-for-electricity-generation-project-in-rural-myanmar Myanmar has been facing the challenges of electricity deficit Investment Bank Chinese banks see rising asset custody business News Aggregation Team Monday, September 14, 2020 1:00 am http://apbankers.net/article/58436/chinese-banks-see-rising-asset-custody-business Banks' asset custody services include capital settlement, asset safekeeping and wealth management. Investment Bank DBS is World's Best Bank for the third year in a row News Aggregation Team Wednesday, September 09, 2020 1:00 am http://apbankers.net/article/58344/dbs-is-worldamp039s-best-bank-for-the-third-year-in-a-row The 2020 Global Finance title makes it the third consecutive year that DBS has been honoured with a global Best Bank accolade. Investment Bank Asian ESG-linked financing opportunities draw European banks News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58755/asian-esg-linked-financing-opportunities-draw-european-banks High-emitting region offers big potential for environment-focused project loans Environment and Sustainable Investments Fund conversions see green bond assets pass $22b News Aggregation Team Monday, September 28, 2020 1:00 am http://apbankers.net/article/58766/fund-conversions-see-green-bond-assets-pass-22b ”The Federal Global Green Bonds Fund, which was launched in 1980 as a conventional bond fund, converted to a green bond strategy in early 2020,” Environment and Sustainable Investments Taiwan insurers may push into infrastructure investments as regulator loosens grip News Aggregation Team Thursday, September 24, 2020 1:00 am http://apbankers.net/article/58685/taiwan-insurers-may-push-into-infrastructure-investments-as-regulator-loosens-grip The government aims to increase renewable energy usage to 20% of total electricity supply by 2025, from just 5% in 2017. Environment and Sustainable Investments Manulife unveils ESG fixed income fund for Asia News Aggregation Team Thursday, September 24, 2020 1:00 am http://apbankers.net/article/58694/manulife-unveils-esg-fixed-income-fund-for-asia Manulife Investment Management has launched a new ESG strategy focused on Asian credit. Environment and Sustainable Investments UBS clients in Asia seek sustainable investments in renewed interest for ESG News Aggregation Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58657/ubs-clients-in-asia-seek-sustainable-investments-in-renewed-interest-for-esg ESG-linked investments have also outperformed the market in 2020, proving that sustainability has a higher degree of performance resilience. Environment and Sustainable Investments Schroders partners with HSBC in Singapore for launch of ESG multi-asset fund News Aggregation Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58678/schroders-partners-with-hsbc-in-singapore-for-launch-of-esg-multi-asset-fund Schroder Investment Management (Singapore) today announced the launch of Schroder ISF Sustainable Multi-Asset Income (SMAI), a multi-asset fund for which HSBC Singapore is the exclusive distribution partner. Environment and Sustainable Investments Manulife IM launches Asia ESG bond fund News Aggregation Team Tuesday, September 22, 2020 1:00 am http://apbankers.net/article/58613/manulife-im-launches-asia-esg-bond-fund The Canadian asset manager is offering an ESG fund focused on Asian credit to Singapore retail investors. Environment and Sustainable Investments BIS Report Proposes Carbon Intensity-based Rating System News Aggregation Team Monday, September 21, 2020 1:00 am http://apbankers.net/article/58596/bis-report-proposes-carbon-intensity-based-rating-system The report suggests that ratings firms, rather than the bonds they issue, on their carbon emissions would provide more useful information to investors, while also encouraging companies to increase their carbon efficiency at the firm level. Environment and Sustainable Investments AMP Capital sells clean energy company News Aggregation Team Monday, September 21, 2020 1:00 am http://apbankers.net/article/58597/amp-capital-sells-clean-energy-company "Alongside AMP Capital and Adven's management team, we have worked together to establish a strong platform for Adven's continued success, and we wish the new owners, the management team and employees every success in the future." Environment and Sustainable Investments ESG, thematic and active ETFs set for strongest growth News Aggregation Team Friday, September 18, 2020 1:00 am http://apbankers.net/article/58538/esg-thematic-and-active-etfs-set-for-strongest-growth ESG, thematic and active ETFs are predicted to see the strongest growth over the coming two to three years as passive ETFs' majority slims, according to the Global ETF Study from JP Morgan Asset Management. Environment and Sustainable Investments Benjamin Cavalli: «Pandemic was a Wakeup Call Again for Investors» News Aggregation Team Wednesday, September 23, 2020 1:00 am http://apbankers.net/article/58634/benjamin-cavalli-amplaquopandemic-was-a-wakeup-call-again-for-investorsampraquo In the region, Credit Suisse adopts a best practice approach of relying on a very limited shortlist of solutions – be it mutual funds or alternatives – which are reviewed and, if required, updated on at least a quarterly basis. Covid-19 How the pandemic is changing private market investing News Aggregation Team Thursday, September 17, 2020 1:00 am http://apbankers.net/article/58531/how-the-pandemic-is-changing-private-market-investing Growth prospects for sector appear stronger as more firms delay plans to go public Covid-19 Transamerica Life's Brendon Caneer: «Preferences Have Changed Due to the Pandemic» News Aggregation Team Thursday, September 17, 2020 1:00 am http://apbankers.net/article/58541/transamerica-lifeamp039s-brendon-caneer-amplaquopreferences-have-changed-due-to-the-pandemicampraquo Based in Hong Kong, Caneer, who has spent more than three decades in the industry, joined TLB in 2019. Covid-19 Singapore family offices tackle Covid-19 challenges News Aggregation Team Wednesday, September 16, 2020 1:00 am http://apbankers.net/article/58498/singapore-family-offices-tackle-covid-19-challenges Dexterous decision-making, clear responsibility, ESG commitment hold FOs in good stead Covid-19 Pandemic Boosts A New Real Estate Asset Class News Aggregation Team Friday, September 11, 2020 1:00 am http://apbankers.net/article/58400/pandemic-boosts-a-new-real-estate-asset-class The pandemic will only aid this newly emerging asset class when owners of commercial real estate, so far immune to slowdowns, are also feeling the pain. Covid-19 Pandemic changing how asset managers look at outsourcing News Aggregation Team Thursday, September 10, 2020 1:00 am http://apbankers.net/article/58377/pandemic-changing-how-asset-managers-look-at-outsourcing Industry players seeking holistic solutions to address mounting cost pressures Covid-19 Pandemic hits earnings at big Chinese banks News Aggregation Team Wednesday, September 02, 2020 1:00 am http://apbankers.net/article/58193/pandemic-hits-earnings-at-big-chinese-banks ICBC, the world's largest lender in terms of assets, and Bank of China both said first-half profit fell 11% Covid-19 Coronavirus: Australia enters recession after three decades of growth News Aggregation Team Wednesday, September 02, 2020 1:00 am http://apbankers.net/article/58205/coronavirus-australia-enters-recession-after-three-decades-of-growth This crisis is like no other," Treasurer Josh Frydenberg told reporters in Canberra. Covid-19 South Korea ramps up economic stimulus as coronavirus restrictions bite News Aggregation Team Tuesday, September 01, 2020 1:00 am http://apbankers.net/article/58180/south-korea-ramps-up-economic-stimulus-as-coronavirus-restrictions-bite The Korea Centres for Disease Control and Prevention reported 235 new coronavirus cases as of midnight Monday, bringing the country's total to 20,182 cases and 324 deaths. Covid-19 Singapore Fund Managers Expect Covid to Accelerate ESG Investing News Aggregation Team Friday, August 14, 2020 1:00 am http://apbankers.net/article/57820/singapore-fund-managers-expect-covid-to-accelerate-esg-investing “The latest survey results put to bed that the adoption of ESG investments was a bull-market phenomenon,” Covid-19