The Asia Pacific Banking News Network http://apbankers.net/ Sun, 20 Aug 2017 11:25:49 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Private Banking's Big Challenge News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37710/private-bankingamp039s-big-challenge This is the finding of a bi-annual private banking study published by zeb consultants. Wealth and Asset Management Westpac halts $14bn asset manager sale News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37724/westpac-halts-14bn-asset-manager-sale Westpac has said it will continue to assess sale options Wealth and Asset Management A-share firms bank on wealth management products to boost books in slowdown News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37677/a-share-firms-bank-on-wealth-management-products-to-boost-books-in-slowdown A-share firms’ holdings of wealth management products have risen from 7.1 billion yuan in 2012 to 743 billion yuan so far this year Wealth and Asset Management Numbers and needs of female HNWs set to grow News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37698/numbers-and-needs-of-female-hnws-set-to-grow The number of HNW women is even more likely to grow. Wealth and Asset Management Guernsey Finance marks first anniversary of Hong Kong office News Team Wednesday, August 16, 2017 12:00 am http://apbankers.net/article/37674/guernsey-finance-marks-first-anniversary-of-hong-kong-office The three panellists will present real-life case studies of how Guernsey provided a solution for their business or clients. Wealth and Asset Management Challenger shows the banks how it's done on wealth management News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37645/challenger-shows-the-banks-how-itamp039s-done-on-wealth-management The best way to illustrate the failure of the banks to adequately capitalise on the wealth-management opportunity is to compare their recent performance in wealth against life insurer and funds manager Challenger. Wealth and Asset Management Swiss Wealth-Management Industry is looking to strengthen in Asia News Aggregation Team Monday, August 14, 2017 12:00 am http://apbankers.net/article/37620/swiss-wealth-management-industry-is-looking-to-strengthen-in-asia Wealth-management activities for Asia developing from bases in Switzerland makes sense. Wealth and Asset Management Asia Bank Sale and Dutch Growth Drive ABN Amro Profit Higher News Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37520/asia-bank-sale-and-dutch-growth-drive-abn-amro-profit-higher Bank’s capital ratio rose after unexpected first quarter drop Wealth and Asset Management The Labuan option News Aggregation Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37527/the-labuan-option Trusts or foundations offer protection against those risks. Wealth and Asset Management Shanghai event to celebrate 10 years of Guernsey in China News Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37528/shanghai-event-to-celebrate-10-years-of-guernsey-in-china Guernsey providers are now in discussions with at least three major Chinese enterprises about setting up captive structures in Guernsey. Wealth and Asset Management New appointment and service offering at Grant Thornton News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37715/new-appointment-and-service-offering-at-grant-thornton He is well placed to help clients achieve great business outcomes. Executive Moves JPMorgan names Deutsche banker as China investment banking vice chairperson News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37720/jpmorgan-names-deutsche-banker-as-china-investment-banking-vice-chairperson She had worked since 2011 and held several senior roles including co-head of China investment banking and most recently head of corporate finance. Executive Moves Vishal Sikka quits as Infosys CEO over ‘baseless, malicious personal attacks’ News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37723/vishal-sikka-quits-as-infosys-ceo-over-amplsquobaseless-malicious-personal-attacksamprsquo In an email sent to Infosys employees, Sikka said that he was resigning because he felt the “need to allow the company to move beyond the noise and distractions.” Executive Moves DLA Piper announces leadership changes in Asia News Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37729/dla-piper-announces-leadership-changes-in-asia The changes are effective as of 1 September. Executive Moves Growth of employment practice in Asia News Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37730/growth-of-employment-practice-in-asia Simmons & Simmons has been established in mainland China for over 30 years Executive Moves Ex-Credit Suisse Banker Joins Boutique News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37676/ex-credit-suisse-banker-joins-boutique Blackpeak is successfully winning favor over major investment banks for corporate finance business. Executive Moves Waterfield Advisors appoints Kartik Kini as chief operating officer News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37678/waterfield-advisors-appoints-kartik-kini-as-chief-operating-officer Soumya Rajan-led Waterfield Advisors, which advises family offices, has appointed Kartik Kini as its Chief Operating Officer Executive Moves Barclays hires three bankers in Asia push News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37679/barclays-hires-three-bankers-in-asia-push The British bank adds Pamela Yeung and Angela Hu to help boost its Chinese revenues, while Takeshi Sugiyama will focus on deals in the Japanese consumer sector. Executive Moves Skadden recruits former Davis Polk partner Dapiran for Hong Kong base News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37688/skadden-recruits-former-davis-polk-partner-dapiran-for-hong-kong-base Ex-Freshfields Beijing managing partner Antony Dapiran joins Skadden Executive Moves Thirdrock Beefs Up Private Banking News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37697/thirdrock-beefs-up-private-banking We remain focused on hiring, grooming and retaining talent who are committed to advising and to acting in the best interests of our clients. Executive Moves Indonesian DGT issues guidance on tax treaty benefits News Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37725/indonesian-dgt-issues-guidance-on-tax-treaty-benefits A regulation (PER-08) dated 12 May 2017 sets out rules for Indonesian resident taxpayers to obtain a certificate of domicile (COD) to apply for treaty benefits Legal, Regulation & Compliance China regulator says shadow banking crackdown reaches initial targets News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37726/china-regulator-says-shadow-banking-crackdown-reaches-initial-targets Interbank, wealth management products, and off-balance sheet businesses are core problems for the banking sector Legal, Regulation & Compliance Changing the cyber game in Singapore News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37684/changing-the-cyber-game-in-singapore Awareness of cyber insurance is already prevalent in the market. Legal, Regulation & Compliance No immediate parliamentary grilling planned for Australia's CBA chief News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37703/no-immediate-parliamentary-grilling-planned-for-australiaamp039s-cba-chief The committee said Narev will appear before it on Oct. 20 as part of a regular set of hearings that the heads of Australia's "Big Four" banks Legal, Regulation & Compliance Aussie Laundering in Hong Kong? News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37691/aussie-laundering-in-hong-kong The Sydney-based bank has maintained that an algorithm is to blame for the lapse. Legal, Regulation & Compliance MAS slaps two prohibition orders on former OCBC trader News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37712/mas-slaps-two-prohibition-orders-on-former-ocbc-trader MAS expects all finance professionals to act honestly and with integrity. Legal, Regulation & Compliance Growth, inflation to trend higher in next 6-12 months News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37713/growth-inflation-to-trend-higher-in-next-6-12-months Most MPC members voted for a rate cut in August owing to low inflation momentum and signs of weaker growth. Legal, Regulation & Compliance China's Anbang Hits a Wall in South Korea News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37717/chinaamp039s-anbang-hits-a-wall-in-south-korea Anbang is among a handful of big private conglomerates Chinese regulators have targeted over their overseas acquisitions. Legal, Regulation & Compliance Captive insurance industry at turning point, says Bank Negara governor News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37718/captive-insurance-industry-at-turning-point-says-bank-negara-governor Prudential and market conduct regulations intended for the protection of the general public were applied equally to traditional and captive insurers. Legal, Regulation & Compliance Hong Kong under the spotlight in Australian money laundering case News Aggregation Team Wednesday, August 16, 2017 12:00 am http://apbankers.net/article/37673/hong-kong-under-the-spotlight-in-australian-money-laundering-case Case filed against Commonwealth Bank of Australia claims laundered cash was transferred to Hong Kong accounts and that three arrests have already been made in the city Legal, Regulation & Compliance Chinese banks leverage AI technology to reach young, tech-savvy investors News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37689/chinese-banks-leverage-ai-technology-to-reach-young-tech-savvy-investors All four are second-tier lenders that are less influential than the bigger state-owned banks. FinTech HSBC launches app to help clients track global trade transactions News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37694/hsbc-launches-app-to-help-clients-track-global-trade-transactions “The HSBC Trade Transaction Tracker helps customers manage their trade banking activities more efficiently,” Ajay Sharma, regional head of global trade and receivables finance of HSBC Asia Pacific, said at the launch. FinTech CMB Successfully Goes Live on Murex's MX.3 Platform News Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37696/cmb-successfully-goes-live-on-murexamp039s-mx3-platform Murex replaces enterprise legacy system across all asset class FinTech ANZ banks on partnerships to usher in new wave of digital transformation News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37632/anz-banks-on-partnerships-to-usher-in-new-wave-of-digital-transformation ANZ is looking to partner with an 'innovative' technology provider to bring additional insights and experience to support the bank's implementation of 'agile' ways of working. FinTech Aussie Bank Seeks Tech Partner News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37646/aussie-bank-seeks-tech-partner Florian said the bank isn't looking to replace its technology platform, which runs on a CSC Hogan core banking system. FinTech ClearView selects Iress Prime for scaled advice News Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37647/clearview-selects-iress-prime-for-scaled-advice XPLAN Prime allows financial advisers to deliver objectives-based scalable advice to meet a range of client needs and save significant time, by leveraging the advice capabilities of the XPLAN platform. FinTech China's financial sector more open to fintech: CFA Institute News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37661/chinaamp039s-financial-sector-more-open-to-fintech-cfa-institute The CFA Institute has included fintech, green finance and other emerging sub-sectors in its qualification courses. FinTech Asset managers need more tech leaders in C-suite News Aggregation Team Monday, August 14, 2017 12:00 am http://apbankers.net/article/37625/asset-managers-need-more-tech-leaders-in-c-suite Asset managers should do more to take advantage of the great opportunities and value technology presents to them, Tomlinson said. FinTech IRESS strikes advice platform partnership News Aggregation Team Monday, August 14, 2017 12:00 am http://apbankers.net/article/37627/iress-strikes-advice-platform-partnership An ASX-listed wealth management firm has selected an IRESS product to lead an objectives-based and scaled financial advice solution. FinTech Cyber Insurance Demand In China Soars After Ransomware Attack News Aggregation Team Friday, August 11, 2017 12:00 am http://apbankers.net/article/37577/cyber-insurance-demand-in-china-soars-after-ransomware-attack AIG is one of the largest US based multinational insurance group with more than 88 million customers around the globe covering 130 countries. FinTech Jack Ma-backed Yunfeng Financial buys Asia unit of MassMutual for US$1.7 billion News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37709/jack-ma-backed-yunfeng-financial-buys-asia-unit-of-massmutual-for-us17-billion Yunfeng Financial Group Ltd, the company backed by Alibaba billionaire Jack Ma, agreed to buy an Asian unit from Massachusetts Mutual Life Insurance Co to add offerings such as death benefits and annuities. Alternative Investments Axa Life Singapore ordered to pay $3m over bad reference News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37681/axa-life-singapore-ordered-to-pay-3m-over-bad-reference Axa Life Insurance Singapore has been ordered by the country’s High Court to pay compensation to a former employee for providing an unflattering reference to the Monetary Authority of Singapore and his prospective employer, Prudential Assuranc Alternative Investments Value Partners’ AUM recovers but net inflows tepid News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37685/value-partnersamprsquo-aum-recovers-but-net-inflows-tepid We have applied for a private fund manager licence. Alternative Investments IFC commits $5m to Wavemaker SEA Fund II News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37690/ifc-commits-5m-to-wavemaker-sea-fund-ii Among limited partners backing this new fund is North American venture capital investor Timothy Draper. Alternative Investments Northern Trust wins asset servicing mandate News Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37695/northern-trust-wins-asset-servicing-mandate We are confident in their ability to provide the strong operational support necessary to facilitate the delivery of high quality services to our clients. Alternative Investments After Alibaba Bonanza, Manager Said to Plan New Asia Hedge Fund News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37705/after-alibaba-bonanza-manager-said-to-plan-new-asia-hedge-fund Ravisankar was involved in trade that made eight-fold return Alternative Investments A Guide To Selling Irish Regulated Investment Funds In Asia News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37708/a-guide-to-selling-irish-regulated-investment-funds-in-asia The Irish Stock Exchange is the leading stock exchange globally for the listing of investment funds. Alternative Investments Hong Kong devises plan to fend off Singapore’s insurance hub ambitions News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37719/hong-kong-devises-plan-to-fend-off-singaporeamprsquos-insurance-hub-ambitions The future of the insurance industry in Asia looks bright. Alternative Investments China returns to top of list of US government creditors News Aggregation Team Wednesday, August 16, 2017 12:00 am http://apbankers.net/article/37658/china-returns-to-top-of-list-of-us-government-creditors Country surpasses Japan as largest foreign holder of Treasuries Alternative Investments Mystery mandate helps lift Manulife Financial AUM to record level News Aggregation Team Wednesday, August 16, 2017 12:00 am http://apbankers.net/article/37659/mystery-mandate-helps-lift-manulife-financial-aum-to-record-level It says the April-June period marks the “30th consecutive quarter of positive wealth and asset management net flows”, lifted by strong performances of the institutional teams under its asset management unit. Alternative Investments PNB in push to enhance global Islamic banking News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37680/pnb-in-push-to-enhance-global-islamic-banking We are hiring shariah experts to strengthen PNB shariah management Islamic Finance PNB looking to carve out 20% of Maybank shares into Islamic shares News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37664/pnb-looking-to-carve-out-20-of-maybank-shares-into-islamic-shares Who became PNB chairman a year ago, said that if the proposal was successful. Islamic Finance Bank Islam targets two million users for its first digital product News Aggregation Team Wednesday, August 02, 2017 12:00 am http://apbankers.net/article/37388/bank-islam-targets-two-million-users-for-its-first-digital-product As digital technology progressively enters the financial market, we see growing demand for fintech within the Islamic banking as well. Islamic Finance Malaysia's Lead in Shariah Funds News Aggregation Team Monday, July 24, 2017 12:00 am http://apbankers.net/article/37208/malaysiaamp039s-lead-in-shariah-funds Malaysia's lead is largely due to its government's support of expertise in regional and Shariah investments. Islamic Finance Malaysia in bid to lift Islamic finance News Aggregation Team Monday, July 17, 2017 12:00 am http://apbankers.net/article/37024/malaysia-in-bid-to-lift-islamic-finance MIA has a committee to encourage Malaysian accountants to upgrade their knowledge. Islamic Finance UOB plans to strengthen Islamic banking operations News Aggregation Team Monday, July 17, 2017 12:00 am http://apbankers.net/article/37025/uob-plans-to-strengthen-islamic-banking-operations The bank is identifying what areas it needs to build and develop should it decide to become a subsidiary in the future. Islamic Finance Maybank bags 20 awards News Aggregation Team Monday, July 17, 2017 12:00 am http://apbankers.net/article/37033/maybank-bags-20-awards The Bank which structured its first Shariah-compliant hotel financing deal in Singapore last year also won the in the category for Best Islamic Deal, Singapore award, it said. Islamic Finance Brunei's largest bank aims to raise up US$500m in Malaysia listing News Aggregation Team Tuesday, June 13, 2017 12:00 am http://apbankers.net/article/36353/bruneiamp039s-largest-bank-aims-to-raise-up-us500m-in-malaysia-listing IPO is expected to raise around US$300 million but the final amount will depend on the size of the greenshoe option. Islamic Finance Maybank Islamic named Islamic bank of the year for Asia Pacific, Malaysia News Aggregation Team Tuesday, June 13, 2017 12:00 am http://apbankers.net/article/36356/maybank-islamic-named-islamic-bank-of-the-year-for-asia-pacific-malaysia It noted that by total assets, total financing and total funding, including deposits and investment accounts, Maybank Islamic's dominance has translated into a strong set of financial results. Islamic Finance Panama JIT probe extends to almost entire Sharif family including the dead News Aggregation Team Sunday, June 11, 2017 12:00 am http://apbankers.net/article/36283/panama-jit-probe-extends-to-almost-entire-sharif-family-including-the-dead The only exception in the Sharif family as yet is of Shahbaz Sharif and his sons, who are still out of the JIT’s radar. However, the chief minister’s first wife’s financial matters are also under JIT’s scrutiny. Islamic Finance Westpac maintains position as No.1 Business Bank in Australia News Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37727/westpac-maintains-position-as-no1-business-bank-in-australia We’re constantly investing in, and developing our people, products and services to reduce our customer’s pain points Investment Banking Investment banks revive structured finance repack market News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37728/investment-banks-revive-structured-finance-repack-market The structured securities allow buyers to alter parts of the profiles of underlying bonds, by for example turning coupon payments into floating from fixed or switching returns into other currencies. Investment Banking BNP Paribas mulls over issuing DINFRA News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37663/bnp-paribas-mulls-over-issuing-dinfra It had received questions from several institutional investors about the mutual fund and its investment scheme. Investment Banking Japan's Biggest Bank Is Looking for Overseas Talent News Aggregation Team Thursday, August 10, 2017 12:00 am http://apbankers.net/article/37547/japanamp039s-biggest-bank-is-looking-for-overseas-talent They really want to make this a global bank. Investment Banking Mizuho Seeks $100 Billion From Overseas Transaction Banking News Aggregation Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37513/mizuho-seeks-100-billion-from-overseas-transaction-banking A report compiled by industry analytics firm Coalition Development Ltd. shows. Investment Banking SMBC dives into Australia's $1.5tn retirement savings pool News Aggregation Team Tuesday, August 08, 2017 12:00 am http://apbankers.net/article/37487/smbc-dives-into-australiaamp039s-15tn-retirement-savings-pool Japanese bank sees global asset management products as a strength Investment Banking Goldman Sachs to sell stake in pensions firm News Aggregation Team Monday, August 07, 2017 12:00 am http://apbankers.net/article/37448/goldman-sachs-to-sell-stake-in-pensions-firm The transaction is expected to value Rothesay at about $GBP2 billion, although that figure is not expected to be disclosed, according to a source close to one of the shareholders. Investment Banking Another Chinese bank heads for Europe News Aggregation Team Monday, August 07, 2017 12:00 am http://apbankers.net/article/37478/another-chinese-bank-heads-for-europe Uncertainties with the passporting rule have prompted many Chinese banks to consider adding offices inside EU countries Investment Banking Asian merchant bank Ion Pacific expands into European market with new HQ... in London News Aggregation Team Thursday, August 03, 2017 12:00 am http://apbankers.net/article/37395/asian-merchant-bank-ion-pacific-expands-into-european-market-with-new-hq-in-london Asian merchant bank Ion Pacific has opened a new European headquarters in London. Investment Banking Big Japanese banks bulging at the seams with pent-up cash News Aggregation Team Wednesday, August 02, 2017 12:00 am http://apbankers.net/article/37366/big-japanese-banks-bulging-at-the-seams-with-pent-up-cash Lack of lending, investment outlets causing balance sheet bloat Investment Banking Philippine central bank chief's debut rate call draws scrutiny News Aggregation Team Friday, August 11, 2017 12:00 am http://apbankers.net/article/37580/philippine-central-bank-chiefamp039s-debut-rate-call-draws-scrutiny Caution might be warranted. InvestmentView The way forward is digital, says UOB's Wee Ee Cheong News Aggregation Team Friday, August 11, 2017 12:00 am http://apbankers.net/article/37589/the-way-forward-is-digital-says-uobamp039s-wee-ee-cheong This growth presents immense opportunities for business, trade and investment, Mr Wee said. InvestmentView Commonwealth Bank's Simple Problem News Aggregation Team Thursday, August 10, 2017 12:00 am http://apbankers.net/article/37562/commonwealth-bankamp039s-simple-problem Commonwealth Bank of Australia looks like a shining testament to this hypothesis. InvestmentView Responsible investing: Going beyond philanthropy News Aggregation Team Thursday, August 10, 2017 12:00 am http://apbankers.net/article/37566/responsible-investing-going-beyond-philanthropy Impact investing has evolved from being a subset of socially responsible investing and environmental, social and governance investing, where the strategies go beyond avoiding sin stocks to focusing on positive outcomes for the environment or community. InvestmentView An Indonesia Perspective – Driving Growth Through Innovation News Aggregation Team Tuesday, August 08, 2017 12:00 am http://apbankers.net/article/37481/an-indonesia-perspective-ampndash-driving-growth-through-innovation This is actually observed in most of the emerging markets within ASEAN. InvestmentView Investors will wise up and move on if fund manager fees are too high News Aggregation Team Tuesday, August 08, 2017 12:00 am http://apbankers.net/article/37484/investors-will-wise-up-and-move-on-if-fund-manager-fees-are-too-high In the current lower-return environment, wealth managers are forecasting lower longer-term returns for clients. InvestmentView Ethics the key to the Superannuation engagement battle: Australian Ethical News Team Tuesday, August 08, 2017 12:00 am http://apbankers.net/article/37500/ethics-the-key-to-the-superannuation-engagement-battle-australian-ethical Speaking at a media briefing event in Sydney today, Australian Ethical addressed the state of the super industry, and the new methods funds are using to engage members. InvestmentView An investor's view of Japan's political turmoil News Aggregation Team Thursday, August 03, 2017 12:00 am http://apbankers.net/article/37427/an-investoramp039s-view-of-japanamp039s-political-turmoil Ruling party continuity should help dampen any market backlash InvestmentView Fund managers see growth opportunities in Asean markets News Aggregation Team Tuesday, July 25, 2017 12:00 am http://apbankers.net/article/37217/fund-managers-see-growth-opportunities-in-asean-markets This year’s Invest Malaysia series marks its 13th edition. InvestmentView Smart investing finally making the grade in Asia News Aggregation Team Friday, July 21, 2017 12:00 am http://apbankers.net/article/37130/smart-investing-finally-making-the-grade-in-asia Asia’s institutional investors are turning to smart beta strategies to optimize returns and meet performance standards InvestmentView Malaysian, Indonesian companies in banking services joint venture News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37722/malaysian-indonesian-companies-in-banking-services-joint-venture The investments for this joint venture come mainly from internal funding and local fundraising with a total of US$18.5 million to be utilised over the next five years. Retail Banking BOC Hong Kong to launch mixed-asset fund amid bullish outlook on Chinese stocks and bonds News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37701/boc-hong-kong-to-launch-mixed-asset-fund-amid-bullish-outlook-on-chinese-stocks-and-bonds The new fund will be the first from the bank to trade through Bond Connect Retail Banking Bendigo Bank full-year cash profit rises 4.2pc News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37633/bendigo-bank-full-year-cash-profit-rises-42pc There is no doubt the industry is challenged on the trust front and on the trust front we come up well. Retail Banking ANZ Profit Up On Housing Fillip News Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37644/anz-profit-up-on-housing-fillip Post the end of the third quarter ANZ completed the sale of the Retail and Wealth businesses in China and Singapore to DBS with Hong Kong expected to complete prior to the end of the second-half. Retail Banking UAE's Union National Bank opens Shanghai branch News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37656/uaeamp039s-union-national-bank-opens-shanghai-branch The first bank from the UAE to do so. Retail Banking Myanmar’s KBZ Bank to ride Asean growth wave News Aggregation Team Monday, August 14, 2017 12:00 am http://apbankers.net/article/37621/myanmaramprsquos-kbz-bank-to-ride-asean-growth-wave We believe economic empowerment and education are key to further growth of the regional economy. Retail Banking ASB Bank profits top $1bn record News Aggregation Team Thursday, August 10, 2017 12:00 am http://apbankers.net/article/37540/asb-bank-profits-top-1bn-record The banking market was tight and competitive. Retail Banking Bank Central Asia named best Indonesian brand for the third year running News Aggregation Team Thursday, August 10, 2017 12:00 am http://apbankers.net/article/37557/bank-central-asia-named-best-indonesian-brand-for-the-third-year-running Its large network of branches enables it to be more connected with and relevant to consumers than its rivals. Retail Banking Commonwealth Bank rises on record FY cash profit News Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37525/commonwealth-bank-rises-on-record-fy-cash-profit The bank also declared a final dividend of A$2.30 per share for a full-year dividend of A$4.29, up 2 per cent from the 2016 financial year. Retail Banking Australia’s biggest bank flags sale of life insurance business News Aggregation Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37544/australiaamprsquos-biggest-bank-flags-sale-of-life-insurance-business The bank stressed that the discussions are ongoing and their outcome is uncertain. Retail Banking Indian Income Tax department probe Amitabh’s offshore companies after Panama Papers News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37702/indian-income-tax-department-probe-amitabhamprsquos-offshore-companies-after-panama-papers Several film stars, politicians and businessmen were named in the Panama Papers leaks. Tax Fugitive’s trail exposes Red Bull co-owners’ offshore deals News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37700/fugitiveamprsquos-trail-exposes-red-bull-co-ownersamprsquo-offshore-deals Thai authorities revoked his passport and issued an arrest warrant, but say they don’t know where he is. Tax Foreign Investors Are Eyeing Luxury Aussie Real Estate News Aggregation Team Monday, August 14, 2017 12:00 am http://apbankers.net/article/37611/foreign-investors-are-eyeing-luxury-aussie-real-estate The rise in home prices will garner the most interest. Tax Banks now collecting information about non-resident customers to hand to tax authorities around the world News Team Thursday, August 10, 2017 12:00 am http://apbankers.net/article/37565/banks-now-collecting-information-about-non-resident-customers-to-hand-to-tax-authorities-around-the-world Australian residents with bank accounts overseas will need to ensure they are reporting the income from those accounts in their assessable income. Tax PH to sign tax pact with Brunei News Aggregation Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37526/ph-to-sign-tax-pact-with-brunei The preparation of documents for the negotiations of a DTA with Cambodia will start by yearend, while those for Laos and Myanmar will be calendared next year, Cabreros said. Tax NZ to strengthen tax agreements with India, San Marino News Team Wednesday, August 09, 2017 12:00 am http://apbankers.net/article/37533/nz-to-strengthen-tax-agreements-with-india-san-marino The new TIEA with San Marino allows that requirement to be implemented. Tax Swiss cite India's strong data security laws for auto-sharing banking info News Aggregation Team Monday, August 07, 2017 12:00 am http://apbankers.net/article/37451/swiss-cite-indiaamp039s-strong-data-security-laws-for-auto-sharing-banking-info The fact sheet and the notification, published in German, also talks about Switzerland looking to explore greater access to Indian market Tax Lanka’s SC shoots down tax reforms News Aggregation Team Monday, August 07, 2017 12:00 am http://apbankers.net/article/37452/lankaamprsquos-sc-shoots-down-tax-reforms The court has asked the government to either change the bill or hold a nationwide referendum on the proposed legislation. Tax Hong kong singapore and china get tough tax havens News Aggregation Team Monday, August 07, 2017 12:00 am http://apbankers.net/article/37468/hong-kong-singapore-and-china-get-tough-tax-havens In an effort to create a ‘level playing field’, Asian economies are committing to new standards of transparency Tax Nigeria, Singapore sign agreement to curb double taxation News Aggregation Team Thursday, August 03, 2017 12:00 am http://apbankers.net/article/37415/nigeria-singapore-sign-agreement-to-curb-double-taxation It operates in a remarkably open and transparent environment, with stable prices, and a per capita GDP higher than that of most developed Countries. Tax Tomorrow's Wealthy Women Eyed News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37711/tomorrowamp039s-wealthy-women-eyed A new study by GlobalData shows that of the more than 82,000 entrepreneurs in Australia, just 8.2 percent are women. Comment, Analysis & Research No shortage of IT jobs as global tech firms continue to hire News Aggregation Team Friday, August 18, 2017 12:00 am http://apbankers.net/article/37721/no-shortage-of-it-jobs-as-global-tech-firms-continue-to-hire The openings come as a relief for job seekers as many Indian IT companies are cutting their headcount. Comment, Analysis & Research Hong Kong bank label is a hangover from handover News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37675/hong-kong-bank-label-is-a-hangover-from-handover From Tony Latter, Harrogate, N Yorks, UK — Monday’s most read letter Comment, Analysis & Research Labuan has right ingredients for businesses to set up captive insurance units News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37682/labuan-has-right-ingredients-for-businesses-to-set-up-captive-insurance-units The availability of local captive infrastructure is also essential requirement for 75 per cent of respondents. Comment, Analysis & Research Elevating ESG: Can Asia rise to the challenge? News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37687/elevating-esg-can-asia-rise-to-the-challenge But its investors are still largely in the dark when it comes to sustainable investing. Comment, Analysis & Research Investors more confident in Asia Pacific and Europe region than UK and US News Aggregation Team Thursday, August 17, 2017 12:00 am http://apbankers.net/article/37706/investors-more-confident-in-asia-pacific-and-europe-region-than-uk-and-us Confidence in the UK stock market was lowest at 56.8%. Comment, Analysis & Research Only 67 percent of Singapore millennials regularly use mobile banking News Aggregation Team Wednesday, August 16, 2017 12:00 am http://apbankers.net/article/37672/only-67-percent-of-singapore-millennials-regularly-use-mobile-banking The report also included insights from Forrester on mobile banking functionality. Comment, Analysis & Research DBS Bank sees 6% growth for Phl in Q2 News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37643/dbs-bank-sees-6-growth-for-phl-in-q2 The unit of Moody’s Corp. said the country’s GDP expansion likely accelerated to 6.8 percent in the second quarter. Comment, Analysis & Research Real estate films could be next trend in Hong Kong luxury property market, as US sellers turn to moviemaking News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37650/real-estate-films-could-be-next-trend-in-hong-kong-luxury-property-market-as-us-sellers-turn-to-moviemaking Some agents in America are now spending thousands of dollars to produce extravagant films with storylines and characters to entice buyers Comment, Analysis & Research Impact investing move across asia News Aggregation Team Tuesday, August 15, 2017 12:00 am http://apbankers.net/article/37657/impact-investing-move-across-asia What had they come to discuss? A burgeoning network of committed, passionate investors and entrepreneurs who are focused on using capital to achieve both a social and financial return. Comment, Analysis & Research