The Asia Pacific Banking News Network http://apbankers.net/ Tue, 23 May 2017 12:32:27 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP OCBC launches onshore private banking in Indonesia through local unit News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35984/ocbc-launches-onshore-private-banking-in-indonesia-through-local-unit The unit will leverage OCBC’s wealth management platform that draws on the combined product expertise of the bank Wealth and Asset Management Barclays set to create 100 jobs as it steps up private banking push News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35985/barclays-set-to-create-100-jobs-as-it-steps-up-private-banking-push Move comes three years after lender aborted first expansion plan in private banking. Wealth and Asset Management Lombard Odier Changes Asian Management Structure News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35986/lombard-odier-changes-asian-management-structure Asia has become a key growth engine for the Group Wealth and Asset Management Ignition wealth announces digital advice solution for users of leading platform News Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35987/ignition-wealth-announces-digital-advice-solution-for-users-of-leading-platform We are delighted to be working with BT to deliver a truly customer-first solution to their accountants, advisers and investors. Wealth and Asset Management How the emerging affluent are preparing for future needs News Aggregation Team Saturday, May 20, 2017 12:00 am http://apbankers.net/article/35967/how-the-emerging-affluent-are-preparing-for-future-needs It notes that increasing numbers of those who are wealthier in parts of Asia and Africa are losing out on savings as a result of an overly simplistic approach to their personal finances. Wealth and Asset Management Nikko AM NZ named Equity Fund Manager of the Year News Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35955/nikko-am-nz-named-equity-fund-manager-of-the-year Eligible funds must have been in place for at least the three previous years and be open to the public. Wealth and Asset Management The Ultimate Finance Boutique by Soumya Rajan News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35956/the-ultimate-finance-boutique-by-soumya-rajan This could be the woman one day deciding how much a family office will invest with VC funds betting on Startup India Wealth and Asset Management Re-calibrating the wealth management market in Thailand News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35963/re-calibrating-the-wealth-management-market-in-thailand Our 6th annual event for the community in Thailand explored how to capitalise on the ever-wider opening of the market and opportunities to service the investment, family and protection needs of domestic Thai affluent and HNW clients. Now seems to be the Wealth and Asset Management Singapore private bankers exceed training threshold, says IBF News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35918/singapore-private-bankers-exceed-training-threshold-says-ibf The IBF also said that several private banks introduced structured training programmes for their staff and had more of their in-house programmes accredited by IBF. Wealth and Asset Management PH invites Qatar sovereign fund to invest in logistics, tourism News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35937/ph-invites-qatar-sovereign-fund-to-invest-in-logistics-tourism The agreement would allow the entry of about $1 billion in investments from the QIA, which reportedly has $335 billion in assets worldwide, making it the 14th biggest wealth fund. Wealth and Asset Management Lombard Odier in Changes to Asian Management Structure News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35982/lombard-odier-in-changes-to-asian-management-structure Asia has become a key growth engine for the Group. Executive Moves SimCorp Strengthens Asian Presence with New Asia Pacific Head News Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35991/simcorp-strengthens-asian-presence-with-new-asia-pacific-head SimCorp’s depth of experience in APAC and the quality of its talent are well-known in the financial services industry and was one of the key attractions for me to join the team. Executive Moves SuMi Trust appoints Yoshio Hishida to head global business development News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35992/sumi-trust-appoints-yoshio-hishida-to-head-global-business-development Who joined Sumitomo Trust & Banking Co Ltd in 1986, is also director of The Securities Analysts Association of Japan. Executive Moves Ex-Westpac banker to helm ANZOz loan syndications News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35993/ex-westpac-banker-to-helm-anzoz-loan-syndications ANZ has named Gavin Chappell as the head of loan syndications for Australia, poaching him from Westpac. Executive Moves Shivajee R Sharma joins RPS Consulting as CTO News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35980/shivajee-r-sharma-joins-rps-consulting-as-cto His new role has two primary categories – Innovating Competency Development Framework and Digital Learning Platform. Executive Moves Credit Suisse appoints Filipino investment banker News Aggregation Team Saturday, May 20, 2017 12:00 am http://apbankers.net/article/35965/credit-suisse-appoints-filipino-investment-banker He joins Credit Suisse from Macquarie Group, where he spent 17 years in various roles based around Asia Pacific. Executive Moves First State Investments bolsters North Asian distribution News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35949/first-state-investments-bolsters-north-asian-distribution At First State, she will responsible for building new and strengthening existing relationships, as well as aligning investment solutions and client servicing with private banks in the region. Executive Moves Bravura appoints wealth management exec News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35954/bravura-appoints-wealth-management-exec Velpuri previously held executive roles at Oracle and CA Technologies and was most recently the vice president at Capsilon Corporation. Executive Moves Prudential’s Asia chief heads for the exit News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35948/prudentialamprsquos-asia-chief-heads-for-the-exit In March, the Pru said a surge of business in Hong Kong and China had helped it produce record-breaking operating profits, offsetting weakness in other parts of Asia and at home in the UK. Executive Moves HSBC Commercial Banking names Sheldon Wong APAC MMFS head News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35961/hsbc-commercial-banking-names-sheldon-wong-apac-mmfs-head Wong has more than 20 years of experience in corporate and investment banking in Europe and Asia-Pacific. Executive Moves China's financial reform fraught with risks News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35976/chinaamp039s-financial-reform-fraught-with-risks President Xi Jinping has pledged to prevent an outbreak of systemic financial risk. Legal, Regulation & Compliance Major financial advisory institutions continue refund programs for fees-for-no-service News Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35960/major-financial-advisory-institutions-continue-refund-programs-for-fees-for-no-service These institutions' total compensation estimates for these advice delivery failures now stand at more than $204 million, plus interest. Legal, Regulation & Compliance Macquarie Group becomes latest ASIC target on foreign exchange News Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35962/macquarie-group-becomes-latest-asic-target-on-foreign-exchange ASIC will appoint an independent consultant to assess the program and its implementation. Legal, Regulation & Compliance Senior ATO official tangled in $165m fraud scandal News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35942/senior-ato-official-tangled-in-165m-fraud-scandal It appears that his son has asked him to access some information potentially. Legal, Regulation & Compliance Hong Kong, China regulators approve 'Bond Connect' scheme News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35916/hong-kong-china-regulators-approve-amp039bond-connectamp039-scheme Plans for a "Bond Connect" programme have been in the works since Beijing launched a scheme allowing two-way trading between the Hong Kong and Shanghai stock markets in 2014, but the authorities have provided few details on the mechanics Legal, Regulation & Compliance DBS agrees China tie-up News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35920/dbs-agrees-china-tie-up Both parties are expected to work together to explore ways to improve cooperation in a number of areas. Legal, Regulation & Compliance SIV Asset Management slams bill claim News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35924/siv-asset-management-slams-bill-claim SIV was originally known as Aurora Funds Limited, before rebranding in 2016 to focus the business on the significant investor visa programme. Legal, Regulation & Compliance New Zealand’s leading legal tech conference gets underway News Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35926/new-zealandamprsquos-leading-legal-tech-conference-gets-underway IT professionals and legal counsel from government agencies and corporate teams from across the country. Legal, Regulation & Compliance Ashurst renews China alliance for six more years News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35929/ashurst-renews-china-alliance-for-six-more-years The renewal was signed by Ashurst chairman Ben Tidswell and Guantao managing partner Cui Liguo in Sydney last week. Legal, Regulation & Compliance Joko signs regulation giving tax authorities access to accounts at financial institutions News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35931/joko-signs-regulation-giving-tax-authorities-access-to-accounts-at-financial-institutions Indonesian President Joko Widodo signed the regulation as part of the country's pledge to join the AEOI initiative. Legal, Regulation & Compliance Singapore robo-adviser secures SGD3 Million in funding News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35977/singapore-robo-adviser-secures-sgd3-million-in-funding StashAway was founded in 2016 to provide an efficient, low-cost and intelligent digital investment engine that empowers individuals of all net worth to build their wealth. FinTech Why South-East Asia should be on every FinTech investor’s radar News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35983/why-south-east-asia-should-be-on-every-fintech-investoramprsquos-radar Brazilian challenger bank NuBank picked up $80m in a Series D round at the end of 2016 with US VCs such as Peter Theil’s Founders Fund, Ribbit Capital and Sequoia all chipping in. FinTech Australians quick to embrace fintech financial solutions News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35988/australians-quick-to-embrace-fintech-financial-solutions The report also revealed Australians are early adopters of fintech solutions; that is, anything from PayPass and Tap and Go contactless payments to digital wallets such as Apple Pay, Samsung Pay or Android Pay. FinTech Bitcoins gain currency, used for trading by over 200 city investors News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35989/bitcoins-gain-currency-used-for-trading-by-over-200-city-investors But for a growing tribe of investors in 'cyber city' bitcoins have been a preferred mode of trading over the past year or so. FinTech Your bank tomorrow will be paperless, frictionless, and without a physical presence News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35958/your-bank-tomorrow-will-be-paperless-frictionless-and-without-a-physical-presence Think about it, as a customer what do you need — a bank or banking services? FinTech Credit Suisse launches digital platform for Thai clients News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35919/credit-suisse-launches-digital-platform-for-thai-clients The new platform gives the bank’s clients round-the-clock access to comprehensive information about their accounts, market insights and intelligence relevant to their portfolio. FinTech Credit Suisse Marks First Year of Thailand Wealth Management News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35922/credit-suisse-marks-first-year-of-thailand-wealth-management Credit Suisse clients can access the digital wealth management platform on their iPad, iPhone, web browsers, and devices operating on Google Android. FinTech Thailand Wants Your Fintech Startup News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35928/thailand-wants-your-fintech-startup The Thai government, meanwhile, has also relaxed the rules of doing business with startups. FinTech IBM And UBank Launch RoboChat News Aggregation Team Tuesday, May 16, 2017 12:00 am http://apbankers.net/article/35900/ibm-and-ubank-launch-robochat RoboChat will be available on the home loan section of UBank’s website and will be available to guide customers through the application form. FinTech International law firm launches online hedge fund start-up resource in Hong Kong News Team Monday, May 15, 2017 12:00 am http://apbankers.net/article/35876/international-law-firm-launches-online-hedge-fund-start-up-resource-in-hong-kong As Hong Kong continues to develop as an asset management centre in Asia, hosting a large concentration of international fund managers, LaunchPlus is an innovative addition to the local startup scene. FinTech Foreign funds tap new route on improved access News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35981/foreign-funds-tap-new-route-on-improved-access It is anticipated that an increasing number of qualified foreign institutions will seek to register as PFMfirms this year. Alternative Investments Nomura signs Malaysian Code for Institutional Investors News Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35996/nomura-signs-malaysian-code-for-institutional-investors The six broad principles stipulated in the Code are policy disclosures on stewardship responsibilities, monitoring of investee companies, carrying out engagement with investee companies, adopting and publishing a robust policy on management of conflicts o Alternative Investments After Shutting Asia Hedge Fund, Ex-Goldman Trader Seeks Answers News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35968/after-shutting-asia-hedge-fund-ex-goldman-trader-seeks-answers Managers are trying to address mounting investor discontent over hedge funds charging high fees for mediocre returns. Alternative Investments Aussie hedge fund eyes US expansion News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35952/aussie-hedge-fund-eyes-us-expansion The multi-manager Fiduciary Fund aims to achieve returns between 8% to 11% per annum over rolling five-year periods. Alternative Investments QNB Suisse SA appoints Societe Generale Securities Services in Ireland for its pioneer UCITS-compliant umbrella fund News Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35945/qnb-suisse-sa-appoints-societe-generale-securities-services-in-ireland-for-its-pioneer-ucits-compliant-umbrella-fund SGSS in Ireland will provide a complete fund services offering to support the distribution of the sub-funds to investors throughout Europe. Alternative Investments Moving Impact Investment into the Next Phase News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35947/moving-impact-investment-into-the-next-phase Impact investing is being primed for growth with the launch of a new forum designed to support the development of the market in Australia and New Zealand. Alternative Investments Korea Post bucks trend with hedge fund plans News Aggregation Team Tuesday, May 16, 2017 12:00 am http://apbankers.net/article/35895/korea-post-bucks-trend-with-hedge-fund-plans The insurance unit of the postal service is to invest its first $200 million into individual foreign hedge funds and award another fund-of-funds mandate, amid scepticism about the asset class. Alternative Investments Asian Real Estate Deal Sizes Drop News Aggregation Team Tuesday, May 16, 2017 12:00 am http://apbankers.net/article/35898/asian-real-estate-deal-sizes-drop China failed to see any deals above $250 million as domestic investors instead focused on smaller assets including decentralised offices in tier one cities. Alternative Investments Future Fund begins revamp of public equities portfolio News Aggregation Team Monday, May 15, 2017 12:00 am http://apbankers.net/article/35883/future-fund-begins-revamp-of-public-equities-portfolio Australian giant aims to get more bang for the buck Alternative Investments Institutional investors are catching on to ETFs News Aggregation Team Monday, May 15, 2017 12:00 am http://apbankers.net/article/35884/institutional-investors-are-catching-on-to-etfs Traditional bond-buying strategies are not working in the current low-growth, low-yield environment. Alternative Investments Maybank Islamic aims to double assets by 2020, says CEO News Aggregation Team Tuesday, May 09, 2017 12:00 am http://apbankers.net/article/35795/maybank-islamic-aims-to-double-assets-by-2020-says-ceo Rafique said based on forecasts available, Islamic assets in Malaysia will more than double to $300bn by 2020 from 2015 Islamic Finance Japan keeps making inroads into global Islamic finance News Aggregation Team Tuesday, April 25, 2017 12:00 am http://apbankers.net/article/35586/japan-keeps-making-inroads-into-global-islamic-finance The two-year financing term will be used to fund projects undertaken by ICD in its member countries and is the first cross-border bilateral Islamic facility for Mizuho Bank. Islamic Finance Innovation key for future impact of Islamic finance News Aggregation Team Tuesday, April 18, 2017 12:00 am http://apbankers.net/article/35441/innovation-key-for-future-impact-of-islamic-finance A customer buys an easily saleable asset from an Islamic bank at a marked-up price, to be paid at a later date, and quickly sells the asset to raise cash for the purpose of obtaining liquidity. Islamic Finance Islamic Banking in India? No Deadline Set Yet, Says RBI News Aggregation Team Sunday, April 09, 2017 12:00 am http://apbankers.net/article/35267/islamic-banking-in-india-no-deadline-set-yet-says-rbi Responding to an RTI application, the RBI said it has not taken any step to introduce Islamic window in banks for a gradual introduction of Sharia-compliant interest-free banking in India. Islamic Finance ICD Signs MoU to Test New Banking Model News Team Tuesday, April 04, 2017 12:00 am http://apbankers.net/article/35171/icd-signs-mou-to-test-new-banking-model The model is based on Islamic Finance principles and it will make the Islamic Banking more competitive. Islamic Finance Malaysia's Maybank Islamic looks to home markets to drive growth News Aggregation Team Friday, March 31, 2017 12:00 am http://apbankers.net/article/35066/malaysiaamp039s-maybank-islamic-looks-to-home-markets-to-drive-growth Indonesia remains a key market for the bank, after Malaysia which accounts for 90 percent of the bank's business. Islamic Finance Maybank Islamic unveils Islamic Private Wealth Solution News Aggregation Team Tuesday, March 28, 2017 12:00 am http://apbankers.net/article/34946/maybank-islamic-unveils-islamic-private-wealth-solution The bank explained that the enhanced platform will allow HNW clients to view and monitor their various Islamic investment portfolios holistically, in one single statement. Islamic Finance DIB launches Panin Dubai Syariah Bank in Indonesia News Aggregation Team Tuesday, March 28, 2017 12:00 am http://apbankers.net/article/34974/dib-launches-panin-dubai-syariah-bank-in-indonesia The rebranded bank offers Islamic banking services in Indonesia Islamic Finance BIMB Investment launches Shariah-compliant ESG fund News Aggregation Team Tuesday, March 14, 2017 12:00 am http://apbankers.net/article/34626/bimb-investment-launches-shariah-compliant-esg-fund The firm has rebranded and redefined its value propositions to investors as a Shariah-ESG fund house with its partnership with Arabesque Partners,” Kamarudin adds. Islamic Finance Bank Rakyat a takeover target News Aggregation Team Monday, March 13, 2017 12:00 am http://apbankers.net/article/34613/bank-rakyat-a-takeover-target PNB among institutions said to be exploring the profitable co-operative bank Islamic Finance Investment banks target Asia Pacific expansion News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35979/investment-banks-target-asia-pacific-expansion Hiring push comes after long period of aggressive staff cuts Investment Banking DBP eyed to be an infra bank News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35969/dbp-eyed-to-be-an-infra-bank DBJ Inc. pioneered project financing in Japan, specifically in the sectors of energy and infrastructure. Investment Banking Prime Minister Modi to open African Development Bank event in Gujarat News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35946/prime-minister-modi-to-open-african-development-bank-event-in-gujarat The 2017 Annual Meetings will be held on May 22­ - 26 Investment Banking Argentina applies to join China-led AIIB investment bank News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35959/argentina-applies-to-join-china-led-aiib-investment-bank The move comes days after Brazil drastically reduced its capital stock in the AIIB due to domestic financial pressure. Investment Banking Bank of China Macau posts profit of 1.305 billion patacas in first quarter News Aggregation Team Tuesday, May 16, 2017 12:00 am http://apbankers.net/article/35935/bank-of-china-macau-posts-profit-of-1305-billion-patacas-in-first-quarter In the same period of 2016, the bank posted a profit of 1.348 billion Investment Banking South Indian Bank Q4 net grows to Rs 75.5 cr News Aggregation Team Monday, May 15, 2017 12:00 am http://apbankers.net/article/35899/south-indian-bank-q4-net-grows-to-rs-755-cr Net NPAs as a percentage of net loans were 1.45 per cent, down from 2.89 per cent in the previous year. Investment Banking Chile to join Asian Infrastructure Investment Bank News Aggregation Team Sunday, May 14, 2017 12:00 am http://apbankers.net/article/35872/chile-to-join-asian-infrastructure-investment-bank It has founding members around the world including Britain, Germany and France. Investment Banking China-led AIIB approves seven new members ahead of new Silk Road summit News Aggregation Team Saturday, May 13, 2017 12:00 am http://apbankers.net/article/35860/china-led-aiib-approves-seven-new-members-ahead-of-new-silk-road-summit The new members are Bahrain, Bolivia, Chile, Cyprus, Greece, Romania and Samoa, bringing the bank's total membership to 77 countries. Investment Banking Cover Story: ‘Interest is back in investment banking’ News Aggregation Team Friday, May 12, 2017 12:00 am http://apbankers.net/article/35836/cover-story-amplsquointerest-is-back-in-investment-bankingamprsquo CIMB group registered a record revenue of RM16.1 billion in FY2016 while net profit came in at RM3.6 billion. Investment Banking Iran doing business with 3 mega-banks of Japan News Aggregation Team Friday, May 12, 2017 12:00 am http://apbankers.net/article/35841/iran-doing-business-with-3-mega-banks-of-japan This could be a crucial development given that the international banks had been so far complaining that the remaining US sanctions on Iran – particularly a ban on any US dollar transactions – were still obstructing business with Tehran. Investment Banking Is unpredictability the new normal? by Jürg Zeltner, President UBS Wealth Management News Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35964/is-unpredictability-the-new-normal-by-jampuumlrg-zeltner-president-ubs-wealth-management UBS Investor Watch is our publication for people with seven-figure sums to save and invest. Based on our analysis of the views of investors across the world, these valuable insights shape our advice and can help you make better decisions to protect and gr InvestmentView Time for British retirees to move their money to Thailand News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35973/time-for-british-retirees-to-move-their-money-to-thailand You think Ponzi schemes in Thailand are an outrage? InvestmentView Asia still an engine for global growth, says asset manager News Aggregation Team Saturday, May 20, 2017 12:00 am http://apbankers.net/article/35966/asia-still-an-engine-for-global-growth-says-asset-manager While yuan risk, capital outflows and high levels of gearing are still of concern to investors and can impact Asian and global growth, they have somewhat subsided over the recent quarters. InvestmentView I'm no crazy rich Asian, says author Kevin Kwan News Aggregation Team Sunday, May 14, 2017 12:00 am http://apbankers.net/article/35859/iamp039m-no-crazy-rich-asian-says-author-kevin-kwan His first book gave readers an insight into the world of insanely wealthy Singaporeans and is being adapted into a movie by Warner Bros. InvestmentView Arnhem's Nathan says banks are no saints, but the tax is unfair News Aggregation Team Sunday, May 14, 2017 12:00 am http://apbankers.net/article/35868/arnhemamp039s-nathan-says-banks-are-no-saints-but-the-tax-is-unfair Nathan started out in fixed interest at BNP Paribas and ended up at ABN Amro when Andrew King, InvestmentView Private Equity Opportunities in China News Aggregation Team Wednesday, May 03, 2017 12:00 am http://apbankers.net/article/35659/private-equity-opportunities-in-china The company's performance and talks about private equity opportunities in China. InvestmentView Kyle Bass Sees China's Wealth Management Products as Key Risk News Aggregation Team Wednesday, May 03, 2017 12:00 am http://apbankers.net/article/35664/kyle-bass-sees-chinaamp039s-wealth-management-products-as-key-risk As soon as liabilities have problems all hell breaks loose. InvestmentView Departing HSBC chairman says 152-year-old bank needs to brace for wave of technological change News Aggregation Team Tuesday, May 02, 2017 12:00 am http://apbankers.net/article/35654/departing-hsbc-chairman-says-152-year-old-bank-needs-to-brace-for-wave-of-technological-change He said banks need to reassess their approach to data privacy issues to keep pace with evolving trends in the financial sector. InvestmentView China's Southeast Asia investments: A blessing or a curse? News Aggregation Team Tuesday, April 25, 2017 12:00 am http://apbankers.net/article/35540/chinaamp039s-southeast-asia-investments-a-blessing-or-a-curse For Southeast Asian countries, an increased economic cooperation with China can be a double-edged sword. Beijing's investment initiatives are not only aimed at regional connectivity, they also seek ideological hegemony. InvestmentView 'India Must Ease Up Complex Tax Laws For PE Growth' News Aggregation Team Sunday, April 23, 2017 12:00 am http://apbankers.net/article/35497/amp039india-must-ease-up-complex-tax-laws-for-pe-growthamp039 PE industry in India has grown, but it still isn’t enough to satisfy the beast InvestmentView Hong Kong bank branches aren’t closing – but they are evolving digitally News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35970/hong-kong-bank-branches-arenamprsquot-closing-ampndash-but-they-are-evolving-digitally The city’s major lenders are exploring digital branches and hope that mobile and online transactions will free up staff to sell more Retail Banking China Bank woos RCBC for merger talks News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35975/china-bank-woos-rcbc-for-merger-talks If the deal pushes through, Sy’s banking empire would expand from BDO – the country’s biggest lender – to the merged China Bank/RCBC, which would become the fifth largest local bank. Retail Banking Punjab National Bank reports profit in fiscal fourth-quarter News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35944/punjab-national-bank-reports-profit-in-fiscal-fourth-quarter The other key ingredient to the rise in profit was lower provisions against loans. Retail Banking Japan bank MUFG's profit down 2.6 pct on weak domestic lending News Aggregation Team Monday, May 15, 2017 12:00 am http://apbankers.net/article/35889/japan-bank-mufgamp039s-profit-down-26-pct-on-weak-domestic-lending The move was aimed at defeating stubborn deflation but has so far failed to encourage new borrowing. Retail Banking MUFG to rationalize corporate loan biz News Aggregation Team Sunday, May 14, 2017 12:00 am http://apbankers.net/article/35862/mufg-to-rationalize-corporate-loan-biz Mitsubishi UFJ Trust’s corporate loan operations have 2,600 client firms, with total outstanding loans reaching ¥12 trillion. Retail Banking SBP grants operating licences to Bank of China News Aggregation Team Sunday, May 14, 2017 12:00 am http://apbankers.net/article/35863/sbp-grants-operating-licences-to-bank-of-china The Bank of China is the second Chinese bank entering in Pakistan. Retail Banking Metrobank nets P5.6B News Aggregation Team Friday, May 12, 2017 12:00 am http://apbankers.net/article/35852/metrobank-nets-p56b Metrobank’s net interest margins for the period improved to 3.7 percent, cited as one of the highest among peer banks. Retail Banking Agricultural Bank of China starts RMB settlement in UAE News Aggregation Team Thursday, May 11, 2017 12:00 am http://apbankers.net/article/35826/agricultural-bank-of-china-starts-rmb-settlement-in-uae The Gulf Arab state UAE, a major oil supplier, is one of China's most important trading partners. Retail Banking Commonwealth Bank thumped after profit update News Aggregation Team Thursday, May 11, 2017 12:00 am http://apbankers.net/article/35833/commonwealth-bank-thumped-after-profit-update Growth in its key home lending portfolio remained solid, while business lending growth was subdued overall. Retail Banking Westpac posts $4.017 billion cash profit in ‘complex’ environment News Aggregation Team Monday, May 08, 2017 12:00 am http://apbankers.net/article/35759/westpac-posts-4017-billion-cash-profit-in-amplsquocomplexamprsquo-environment “This is a solid result given the current complex operating environment,” Mr Hartzer said. Retail Banking Australia Should Extend New Levy to Foreign Banks, Lawmaker Says News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35972/australia-should-extend-new-levy-to-foreign-banks-lawmaker-says Bank levy on foreign firms may raise up to A$800 million Tax Modi government makes major breakthrough on black money stashed in Swiss bank News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35974/modi-government-makes-major-breakthrough-on-black-money-stashed-in-swiss-bank The ministry of finance replied, “Information on 628 Indian persons holding bank accounts in HSBC bank in Switzerland was received from the government of France under Double Taxation Avoidance Convention between India and France. Tax New rules in China lay trap for tax cheats at home and abroad News Aggregation Team Saturday, May 20, 2017 12:00 am http://apbankers.net/article/35971/new-rules-in-china-lay-trap-for-tax-cheats-at-home-and-abroad New reporting regulations meant to help authorities track down evasion at home and corrupt officials overseas Tax Tax fraud investigation may disrupt Panama papers inquiry News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35957/tax-fraud-investigation-may-disrupt-panama-papers-inquiry A tenth person has been arrested and charged Tax Indonesian tax office gets power to probe client bank accounts News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35938/indonesian-tax-office-gets-power-to-probe-client-bank-accounts The move is part of the country’s efforts to get in line with initiatives such as the Automatic Exchange of Information, according to a report by Reuters. Tax Advice network buys into accounting industry News Aggregation Team Monday, May 15, 2017 12:00 am http://apbankers.net/article/35887/advice-network-buys-into-accounting-industry P&P was acquired under AZ NGA's usual agreement including a 49% share swap of the firm's equity for AZ NGA shares under a progressive 10-year buy-back. Tax Spooked by inheritance tax fears, Indian high net worth individuals are opting for family trusts News Aggregation Team Thursday, May 11, 2017 12:00 am http://apbankers.net/article/35828/spooked-by-inheritance-tax-fears-indian-high-net-worth-individuals-are-opting-for-family-trusts That’s the new avatar of the Indian richie rich. Tax Russia, Japan To Sign New Double Tax Agreement News Aggregation Team Wednesday, May 10, 2017 12:00 am http://apbankers.net/article/35832/russia-japan-to-sign-new-double-tax-agreement The text of the agreement has yet to be released. Tax Foreign home buyers hit by vacancy tax and restrictions News Aggregation Team Tuesday, May 09, 2017 12:00 am http://apbankers.net/article/35790/foreign-home-buyers-hit-by-vacancy-tax-and-restrictions The intention is to encourage foreign owners to rent out their investment properties when they’re not living in them. Tax Crackdown on multinational tax black economy News Aggregation Team Tuesday, May 09, 2017 12:00 am http://apbankers.net/article/35791/crackdown-on-multinational-tax-black-economy The Australian government is continuing to crack down on multinational tax avoidance and the 'black economy' under a new set of recommendations to be implemented. Tax Fulcrum, the customer experience data startup, raises $3.4Mn at a valuation of $30Mn News Aggregation Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35990/fulcrum-the-customer-experience-data-startup-raises-34mn-at-a-valuation-of-30mn The platform offers a data analytics platform that pulls information from multiple channels and then automates the next best interaction between a customer and business to drive sales. Comment, Analysis & Research New AXA IM research highlights golden rules around how insurers invest News Team Monday, May 22, 2017 12:00 am http://apbankers.net/article/35995/new-axa-im-research-highlights-golden-rules-around-how-insurers-invest Fixed income investing: better issuer and issuance selection is needed Comment, Analysis & Research Andrew Forrest gives away large part of his fortune in $400m donation News Aggregation Team Sunday, May 21, 2017 12:00 am http://apbankers.net/article/35997/andrew-forrest-gives-away-large-part-of-his-fortune-in-400m-donation Forrest and his wife Nicola are making one of the largest philanthropic donations in Australian history, to fund a variety of social and medical causes Comment, Analysis & Research Financial stress rising in Australia News Aggregation Team Friday, May 19, 2017 12:00 am http://apbankers.net/article/35951/financial-stress-rising-in-australia Income levels have no significant bearing on attitudes toward debt with the research showing similar levels of concern across all income brackets. Comment, Analysis & Research HSBC's Gulliver has bet the business on change in China News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35936/hsbcamp039s-gulliver-has-bet-the-business-on-change-in-china Bank prospering amid renewed growth, but faces pain if reform drive slows Comment, Analysis & Research Singaporean banks bulk up in wealth management News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35939/singaporean-banks-bulk-up-in-wealth-management Pullback by global rivals paves way for Asian acquisitions Comment, Analysis & Research One-third of Asia’s wealth may change hands in the next five years News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35940/one-third-of-asiaamprsquos-wealth-may-change-hands-in-the-next-five-years Younger Asian economies, according to the UBS and PwC Billionaires Report 2016, will soon see their “first-ever major inter-generational wealth transfer.” Comment, Analysis & Research Insurtech here to stay: Research News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35943/insurtech-here-to-stay-research But it is also experiencing an activity and attractiveness mismatch in some areas. Comment, Analysis & Research China, Argentina pledge to strengthen bilateral ties News Aggregation Team Thursday, May 18, 2017 12:00 am http://apbankers.net/article/35953/china-argentina-pledge-to-strengthen-bilateral-ties The two sides signed cooperation documents on agriculture, culture, education, energy, finance, investment, quarantine and inspection, railways and sports. Comment, Analysis & Research Passive distortions could be 'dangerous' but we're not there yet News Aggregation Team Wednesday, May 17, 2017 12:00 am http://apbankers.net/article/35921/passive-distortions-could-be-amp039dangerousamp039-but-weamp039re-not-there-yet Schroder's Australian investment director Martin Conlon said the rise of passive investment had the potential to be "dangerous" Comment, Analysis & Research