Managers of Wealth - Asia http://apbankers.net/ Tue, 19 Feb 2019 14:56:42 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Indosuez warns about simmering debt crisis News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47700/indosuez-warns-about-simmering-debt-crisis Benign short-term prospects for the global economy should not disguise the problems in store caused by the recent build-up in sovereign borrowing, according to Indosuez Wealth Management’s research head. Wealth and Asset Management China's biggest lender approved to set up wealth management unit News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47707/chinaamp039s-biggest-lender-approved-to-set-up-wealth-management-unit Four other big lenders Agricultural Bank of China, Bank of Communications, Construction Bank of China and Bank of China have gotten the nod for the business in the past two months. Wealth and Asset Management CBIRC Green-Lights a Fifth Bank’s Wealth Management Subsidiary News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47715/cbirc-green-lights-a-fifth-bankamprsquos-wealth-management-subsidiary The new rules for WMP subsidiaries were aimed at supporting the real economy and strengthening risk management by separating banks from their wealth management businesses to do away with implicit guarantees that could endanger the financial system Wealth and Asset Management Everything Goes Wrong for Billionaire's Successor at Stock Fund News Aggregation Team Sunday, February 17, 2019 12:00 am http://apbankers.net/article/47690/everything-goes-wrong-for-billionaireamp039s-successor-at-stock-fund Markets are throwing up some pretty remarkable opportunities to buy stocks,” 52-year-old Clifford said Wealth and Asset Management Indian HNIs eye London property after Brexit News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47650/indian-hnis-eye-london-property-after-brexit In the run-up to the Brexit, housing prices in London remained remarkably subdued in 2018. Wealth and Asset Management Valentine's Day sexism row erupts as HSBC staff offered laptops 'for him' and kitchen appliances 'for her' News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47675/valentineamp039s-day-sexism-row-erupts-as-hsbc-staff-offered-laptops-amp039for-himamp039-and-kitchen-appliances-amp039for-heramp039 Special deal sparks anger from HSBC staff in Hong Kong and in London Wealth and Asset Management Coutts views: Brexit vs China: Which one‘s the real bull in the shop? Ana Hall Friday, February 15, 2019 12:00 am http://apbankers.net/article/47678/coutts-views-brexit-vs-china-which-oneamplsquos-the-real-bull-in-the-shop The worst case Brexit scenario is widely believed to be a ‘no-deal’ departure, which would probably see sterling and UK government bond yields drop sharply. Wealth and Asset Management Bank of Singapore, Edelweiss Partner to Target Indian Wealth News Aggregation Team Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47631/bank-of-singapore-edelweiss-partner-to-target-indian-wealth Pact allows the firms’ clients to access each other’s products Wealth and Asset Management Schroders Institutional Investor Study 2018 Ana Hall Tuesday, February 12, 2019 12:00 am http://apbankers.net/article/47566/schroders-institutional-investor-study-2018 Insurers’ confidence levels in achieving their desired returns have also slipped from 61% to just over half at 54%. Wealth and Asset Management Manulife Financial (MFC) Q4 Earnings: Is a Beat in Store? News Aggregation Team Tuesday, February 12, 2019 12:00 am http://apbankers.net/article/47580/manulife-financial-mfc-q4-earnings-is-a-beat-in-store The fourth quarter should benefit from Manulife’s expanded distribution network across the region as well as strengthening of strategically important distribution agreements with key partners in Japan and Indonesia. Wealth and Asset Management Intertrust Singapore appoints MD Mitzi Limlengco Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47710/intertrust-singapore-appoints-md Barratt’s new role as Managing Director of Intertrust Singapore follows his long-standing position as Head of Real Estate within the Company’s global fund services division. Executive Moves Quintet Partners lures Citi banker Michael Pilgrim Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47723/quintet-partners-lures-citi-banker The firm most recently took a 25 per cent stake in recruiter Talent International, and also has a stake in One Investment Group, among others. Executive Moves Credit Suisse Vet Returns to Europe News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47695/credit-suisse-vet-returns-to-europe Huber is the operating chief of Credit Suisse's private bank in Asia, where he has spent the bulk of his 15-year career with the bank. Executive Moves Edwina Ho joins Willis Towers Watson as its Investment business strengthens and expands in Asia Ana Hall Monday, February 18, 2019 12:00 am http://apbankers.net/article/47698/edwina-ho-joins-willis-towers-watson-as-its-investment-business-strengthens-and-expands-in-asia The business helps clients manage investment complexity and works with them to better align strategy and portfolio construction to balance risk and return. Executive Moves BNP Paribas Reinforces in Zurich News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47670/bnp-paribas-reinforces-in-zurich Andrea Baumeister will oversee the distribution of quant funds in Switzerland. Executive Moves MGP chief executive departs News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47671/mgp-chief-executive-departs Managed Accounts Holdings announced its chief executive will leave on "mutual" terms. Executive Moves BTFG restructure sees corporate super lead exit News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47673/btfg-restructure-sees-corporate-super-lead-exit BT would like to sincerely thank him for his contribution to the group Executive Moves Industry fund appoints chief executive News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47674/industry-fund-appoints-chief-executive D'Alessandro has extensive experience in wealth management and administration Executive Moves Former HSBC global banking head Chow Wan Thonh joins Standard Chartered News Aggregation Team Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47616/former-hsbc-global-banking-head-chow-wan-thonh-joins-standard-chartered Chow will succeed Patrick Lee who was promoted to CEO of the bank’s Singapore operations in July 2018. Executive Moves Cardena Private Wealth names managing director News Aggregation Team Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47618/cardena-private-wealth-names-managing-director Cardena Private Wealth has appointed Ray Djani as managing director. Executive Moves MAS Enhances Supervisory Toolkit Governing Fund Managers News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47719/mas-enhances-supervisory-toolkit-governing-fund-managers The ongoing push for more transparency and disclosures across fund managers and funds have exerted a downward pressure on fees Legal, Regulation & Compliance Hong Kong Empowers FRC as Independent Auditor Oversight Body News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47714/hong-kong-empowers-frc-as-independent-auditor-oversight-body Hong Kong has gazetted an Amendment Ordinance empowering the Financial Reporting Council as an independent oversight body for the HKICPA and auditors of listed companies. Legal, Regulation & Compliance Goldman will learn and rebound from 1MDB scandal: CEO News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47720/goldman-will-learn-and-rebound-from-1mdb-scandal-ceo Solomon says bank will use 'different lens' when doing business in emerging markets Legal, Regulation & Compliance Sports Deal Gone Sour Sends Ripples Into a $3.3 Trillion Market in China News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47721/sports-deal-gone-sour-sends-ripples-into-a-33-trillion-market-in-china Merchants Bank issued WMP to funnel money to MP & Silva deal Legal, Regulation & Compliance SFC Fines Guosen Securities $1.94mn for AML Breaches Ana Hall Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47739/sfc-fines-guosen-securities-194mn-for-aml-breaches The SFC’s investigation revealed that between November 2014 and December 2015, Guosen had processed 10,000 third party deposits totalling approximately $5 billion for more than 3,500 clients. Legal, Regulation & Compliance Senate Passes Bill Empowering ASIC to Pursue Harsher Penalties News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47696/senate-passes-bill-empowering-asic-to-pursue-harsher-penalties The bill increases the maximum prison penalties ASIC can pursue to 15 years, for serious offences including breaches of director’s duties, false or misleading disclosure and dishonest conduct. Legal, Regulation & Compliance Big Four Auditors Face Parliamentary Scrutiny in Australia News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47697/big-four-auditors-face-parliamentary-scrutiny-in-australia The risk here, of course, is that the big four audit firms now fail to fearlessly scrutinise the accounts and risks of the corporations that they audit Legal, Regulation & Compliance European bank eyes PH operations News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47712/european-bank-eyes-ph-operations Several foreign banks have shown interest to open either a branch or subsidiary in the Philippines Legal, Regulation & Compliance Super reforms hit AMP wealth management arm News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47718/super-reforms-hit-amp-wealth-management-arm The move would result in about $10 million of lost earnings to AMP's wealth management business in the 2019 financial year Legal, Regulation & Compliance Navigating Regulatory Change in Asia Pacific News Aggregation Team Sunday, February 17, 2019 12:00 am http://apbankers.net/article/47685/navigating-regulatory-change-in-asia-pacific Educate, prepare and consolidate. Legal, Regulation & Compliance Indonesia Sets New Capital Requirements for Crypto Players News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47708/indonesia-sets-new-capital-requirements-for-crypto-players It also regulates which crypto assets can be traded and covers mechanisms for trading, account opening, fund saving and withdrawals. FinTech Insurance Billionaire Goes Into Asset Management Using Artificial Intelligence News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47648/insurance-billionaire-goes-into-asset-management-using-artificial-intelligence Data-centric funds like Two Sigma and Renaissance Technologies have said they rely on artificial intelligence. FinTech What the New PRC Blockchain Regulations Mean News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47649/what-the-new-prc-blockchain-regulations-mean The importance of blockchain and cryptocurrencies means that governments faced with the dilemma of being hands off, regulating or prohibiting such activities do need to take decisions. FinTech Thai wealth-tech sector receives first investment News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47655/thai-wealth-tech-sector-receives-first-investment The funding round will help promote innovation in the country’s wealth-tech industry, pushing Thailand 4.0. FinTech UOB is going after Asean’s millennials with a digital bank called TMRW – and its biggest draw could be a game that levels-up with savings News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47651/uob-is-going-after-aseanamprsquos-millennials-with-a-digital-bank-called-tmrw-ampndash-and-its-biggest-draw-could-be-a-game-that-levels-up-with-savings Named TMRW (pronounced “tomorrow”), UOB’s new digital bank will be rolled out for the first time in Thailand, where a pilot programme has already started with 1,500 customers. FinTech Cyber scams in Hong Kong tripled last year: HKMA News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47659/cyber-scams-in-hong-kong-tripled-last-year-hkma As more digital banking solutions are introduced, cybersecurity risks have increased FinTech Axia Suite 2.1 released with new functional features Ana Hall Friday, February 15, 2019 12:00 am http://apbankers.net/article/47683/axia-suite-21-released-with-new-functional-features Axia Suite has now been enriched with new functionalities for risk management & compliance. FinTech Security tokens can shape future of wealth management in SE Asia News Aggregation Team Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47617/security-tokens-can-shape-future-of-wealth-management-in-se-asia They allow superior access and liquidity through the concept of security token offerings backed by real assets. FinTech Thai startup Jitta raises US$6.5 million to empower wealth management News Aggregation Team Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47619/thai-startup-jitta-raises-us65-million-to-empower-wealth-management The money will be used for national and regional expansion plus hiring developers FinTech Digitalized Global Wealth Management platform Wins 10 awards Mitzi Limlengco Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47620/digitalized-global-wealth-management-platform-wins-10-awards We are very proud of our global investment team with such great achievement. FinTech FIX Trading Community Announces Verena Ross, Executive Director of ESMA, as Keynote Speaker for London EMEA Trading Conference Ana Hall Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47704/fix-trading-community-announces-verena-ross-executive-director-of-esma-as-keynote-speaker-for-london-emea-trading-conference With agenda topics on Brexit, Equity, Fixed Income, Data, Executing in the new market eco structure and more Alternative Investments Ways available for domestic enterprises to list in HK News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47722/ways-available-for-domestic-enterprises-to-list-in-hk The key that distinguishes a small red chip from a big red chip is whether the proposed listing entity is a Chinese-entity-invested holding enterprise. Alternative Investments UOB Asset Management points the way forward for investing in 2019 News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47727/uob-asset-management-points-the-way-forward-for-investing-in-2019 Award-winning asset manager favours ‘first principles-based’ investment approach to navigating volatile markets Alternative Investments Family office backs new boutique News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47732/family-office-backs-new-boutique The fund will initially target institutional and wholesale investors including family offices and HNWs from Australia, Asia and Europe. Alternative Investments India-bound: Hedge fund operator plans $1 billion ESG fund News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47744/india-bound-hedge-fund-operator-plans-1-billion-esg-fund The timing couldn’t be better for Avendus, a Mumbai-based financial company backed by KKR & Co., as corporate India struggles with a host of governance issues ranging from troubled relationships between companies and their founding firms to poor Alternative Investments Republic of Indonesia prints green sukuk News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47693/republic-of-indonesia-prints-green-sukuk The second green sukuk issuance by the Republic of Indonesia follows the success of the inaugural deal a year earlier, and the proceeds will be used to fund green related projects Alternative Investments The Year of the Pig has global brands going "whole hog" News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47691/the-year-of-the-pig-has-global-brands-going-ampquotwhole-hogampquot The top retailers and global brand leaders have found appealing ways to build hype and consumer anticipation leading up to and beyond the New Year as they seek to expand and extend consumer engagement. Alternative Investments Ogier advises AIM-listed E&P company Coro Energy Ana Hall Monday, February 18, 2019 12:00 am http://apbankers.net/article/47692/ogier-advises-aim-listed-eampampp-company-coro-energy Commenting on the deal, Simon Dinning said "We are pleased to have been able to utilise our European based BVI team to provide advice to Coro Energy plc on the acquisition, effectively spanning the Asian, BVI and UK time zones." Alternative Investments Aberdeen Standard Investments Expands Its Asia Real Estate Offerings for Global Investors Ana Hall Monday, February 18, 2019 12:00 am http://apbankers.net/article/47694/aberdeen-standard-investments-expands-its-asia-real-estate-offerings-for-global-investors Completes bolt-on acquisition of Orion Partners Alternative Investments A pioneer marks quarter-century of investing in Asia with seventh fund News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47699/a-pioneer-marks-quarter-century-of-investing-in-asia-with-seventh-fund Given that kind of track record, and the fundraising bonanza across the industry in the last few years, TPG has perhaps been surprisingly modest in its fund size. Alternative Investments Is S$500 billion in aggregate reserves enough or does Singapore need higher taxes? News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47716/is-s500-billion-in-aggregate-reserves-enough-or-does-singapore-need-higher-taxes Singapore has one of the highest savings rates in the world but an ageing population presents its own challenges and raising taxes is one way to mitigate the situation By Tax Deloitte named a leader in Asia Pacific in managed security services by IDC News Aggregation Team Sunday, February 17, 2019 12:00 am http://apbankers.net/article/47684/deloitte-named-a-leader-in-asia-pacific-in-managed-security-services-by-idc IDC describes the MarketScape as “a quantitative and qualitative assessment of the characteristics that explain a vendor's success in the marketplace and help anticipate the vendor's ascendancy.” Tax Philippines Tax Agency Sets Sights on Online Casinos for Chinese News Aggregation Team Sunday, February 17, 2019 12:00 am http://apbankers.net/article/47689/philippines-tax-agency-sets-sights-on-online-casinos-for-chinese More than 3 million Chinese have entered the Philippines from 2016 and many of them have applied for work permits Tax Australian tax agency to crack down on lawyers protecting tax-evading clients News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47644/australian-tax-agency-to-crack-down-on-lawyers-protecting-tax-evading-clients CANBERRA: Australia’s tax collector has announced a crackdown on lawyers who misuse legal privilege to protect their clients. Tax Wealthy seniors on easy street as tax breaks punish young Aussies News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47657/wealthy-seniors-on-easy-street-as-tax-breaks-punish-young-aussies There are certain Australians who enjoy lucrative tax breaks while others miss out. And experts say it’s unfair. Tax India needs to boost private investment for growth: Kotak Mahindra Bank CEO News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47681/india-needs-to-boost-private-investment-for-growth-kotak-mahindra-bank-ceo "We need to create a situation where the ground capacity will be growing at somewhere between 8 and 9 percent," he said. Tax Andersen Global Expands Presence in India; Nangia Advisors Opens Offices in Bengaluru and Pune Ana Hall Wednesday, February 13, 2019 12:00 am http://apbankers.net/article/47606/andersen-global-expands-presence-in-india-nangia-advisors-opens-offices-in-bengaluru-and-pune Andersen Global embarked on its expansion in India less than a year ago Tax Taxman target indirect investments in overseas companies News Aggregation Team Monday, February 11, 2019 12:00 am http://apbankers.net/article/47561/taxman-target-indirect-investments-in-overseas-companies Explanations have been sought from some high-profile people on non-disclosure of indirect investments abroad. Tax Taxpayers should not be subsidising lifestyle of wealthy retirees News Aggregation Team Thursday, February 07, 2019 12:00 am http://apbankers.net/article/47503/taxpayers-should-not-be-subsidising-lifestyle-of-wealthy-retirees Critically, if you didn’t pay any personal income tax, you couldn’t claim the credits from the tax paid on your dividends as you had nothing to claim it against. Tax Swiss Tax letters leave Indians in HSBC list in a catch-22 situation News Aggregation Team Monday, February 04, 2019 12:00 am http://apbankers.net/article/47431/swiss-tax-letters-leave-indians-in-hsbc-list-in-a-catch-22-situation They will have to respond in ten days Tax When Good News and Bad News is Good News by Gary Dugan Mitzi Limlengco Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47705/when-good-news-and-bad-news-is-good-news-by-gary-dugan Consumer spending at around 68% of the US economy is clearly important. Comment, Analysis & Research Malaysia ‘doing better’ than China, India in philanthropy News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47726/malaysia-amplsquodoing-betteramprsquo-than-china-india-in-philanthropy Meanwhile, China, India and Pakistan are merely ‘doing okay’, leaving Indonesia and Myanmar trailing in the ‘not doing enough’ cluster. Comment, Analysis & Research Standard Chartered celebrates 160 years in Singapore News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47738/standard-chartered-celebrates-160-years-in-singapore Reaffirming its commitment and confidence Comment, Analysis & Research Is the great Chinese takeaway over? Foreign investment in Australian real estate plunges by 83 per cent as Beijing-based millionaires buy fewer homes News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47743/is-the-great-chinese-takeaway-over-foreign-investment-in-australian-real-estate-plunges-by-83-per-cent-as-beijing-based-millionaires-buy-fewer-homes This fell to $25.2 billion in 2016-17 and plunged again last financial year to $12.6 billion. Comment, Analysis & Research UAE investors interested in Kingdom News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47706/uae-investors-interested-in-kingdom In the agricultural sector, the company intends to invest in growing paddy rice and milling rice to export to the Middle East. Comment, Analysis & Research DBS's Wealthy Clients Are Trading Again After Last Year's Freeze News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47709/dbsamp039s-wealthy-clients-are-trading-again-after-last-yearamp039s-freeze Income from wealth management dropped to the lowest in two years, as Southeast Asia’s biggest bank felt the same aftershocks from tumbling markets as global private banking giants UBS Group AG and Credit Suisse Group AG. Comment, Analysis & Research Study: China To Generate More Data Than U.S. By 2025 News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47656/study-china-to-generate-more-data-than-us-by-2025 IDC analysts said that data will be paramount to building next-generation tech, like machine learning, IoT applications and artificial intelligence. Comment, Analysis & Research Almost half of HK’s 50 richest see wealth decline: Forbes News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47677/almost-half-of-hkamprsquos-50-richest-see-wealth-decline-forbes Lee is believed to have accumulated his wealth so fast was because his family profited greatly from its direct selling business Comment, Analysis & Research Destination Asia: The top 12 platforms generating Asian booking revenue News Aggregation Team Thursday, February 14, 2019 12:00 am http://apbankers.net/article/47637/destination-asia-the-top-12-platforms-generating-asian-booking-revenue “This trend reflects not only the ever-growing list of options now available to travellers booking their stay but the subsequent need for hotels to be on more booking channels than ever to keep up with today’s endless paths-to-purchase.” Comment, Analysis & Research The richest people in the world live in this city (it’s not London or Hong Kong) News Aggregation Team Tuesday, February 12, 2019 12:00 am http://apbankers.net/article/47582/the-richest-people-in-the-world-live-in-this-city-itamprsquos-not-london-or-hong-kong Where the wealthiest people in the world live is quickly changing Comment, Analysis & Research “Startling result”: NAB worst hit as bank trust plummets in the wake of the royal commission News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47662/ampldquostartling-resultamprdquo-nab-worst-hit-as-bank-trust-plummets-in-the-wake-of-the-royal-commission The findings were taken in the immediate aftermath of Kenneth Hayne’s final banking royal commission report and are drawn from Roy Morgan’s research database. Retail Banking China's banks throw open spigots in January, lend record 3.23 trillion yuan News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47682/chinaamp039s-banks-throw-open-spigots-in-january-lend-record-323-trillion-yuan That will be welcome news for policymakers, who have been struggling to get money to the private sector Retail Banking Singapore’s United Overseas Bank opens new branch for affluent customers News Aggregation Team Wednesday, February 13, 2019 12:00 am http://apbankers.net/article/47598/singaporeamprsquos-united-overseas-bank-opens-new-branch-for-affluent-customers At the branch, the customers will receive information about relevant financial solutions after they scan their identification card at the self-help ticketing kiosk. Retail Banking Beehive Agrees New Partnership With Thanachart Bank to Launch SME Value Chain Financing Program in Asia Ana Hall Tuesday, February 12, 2019 12:00 am http://apbankers.net/article/47581/beehive-agrees-new-partnership-with-thanachart-bank-to-launch-sme-value-chain-financing-program-in-asia Value Chain Financing Partnership - Signing Ceremony Retail Banking HSBC and Bank of East Asia offer generous red packets to employees News Aggregation Team Monday, February 11, 2019 12:00 am http://apbankers.net/article/47557/hsbc-and-bank-of-east-asia-offer-generous-red-packets-to-employees An HSBC representative stated the bank made use of the occasion and expressed its gratitude to colleagues’ hard work over the preceding year. Retail Banking Commonwealth Bank unveils changes to boost small business News Aggregation Team Sunday, February 10, 2019 12:00 am http://apbankers.net/article/47539/commonwealth-bank-unveils-changes-to-boost-small-business This year the bank says it is “committed to supporting business even more”, which suggests that it expects to lend the same amount of money or more in 2019. Retail Banking Volt Bank powers into Spitfire deal News Aggregation Team Sunday, February 10, 2019 12:00 am http://apbankers.net/article/47546/volt-bank-powers-into-spitfire-deal Spitfire and Volt share an ambition to improve their customers' lives through technology Retail Banking Malaysia a global leader in Islamic banking News Aggregation Team Friday, February 08, 2019 12:00 am http://apbankers.net/article/47510/malaysia-a-global-leader-in-islamic-banking In the same year, Government Investment Certificates were issued under the Government Funding Act 1983 to support liquidity management in BIMB’s operation. Retail Banking Standard Chartered Weighs Options for Malaysia Islamic Arm News Aggregation Team Friday, February 08, 2019 12:00 am http://apbankers.net/article/47529/standard-chartered-weighs-options-for-malaysia-islamic-arm London-based bank gauges interest from potential buyers Retail Banking NAB's Thorburn rejects 'dishonesty' as pressure mounts News Aggregation Team Wednesday, February 06, 2019 12:00 am http://apbankers.net/article/47465/nabamp039s-thorburn-rejects-amp039dishonestyamp039-as-pressure-mounts Given the royal commission I think it makes sense for the bank, moving forward, to review those positions," he said. Retail Banking Morgan Stanley Investment Management expands risk control team to Asia News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47711/morgan-stanley-investment-management-expands-risk-control-team-to-asia Morgan Stanley Investment Management had US$463 billion of total assets under management or supervision at the end of 2018. Investment Bank Goldman Sachs Is Getting More Bang From Japan's M&A Spree News Aggregation Team Tuesday, February 19, 2019 12:00 am http://apbankers.net/article/47742/goldman-sachs-is-getting-more-bang-from-japanamp039s-mampampa-spree Japan’s bankers are falling behind partly because of the high proportion of M&A deals involving foreign targets, where they are less well placed to provide advice, said Tomonori Ito, a professor at Hitotsubashi University. Investment Bank Westpac's $2bn profit underscores advantages for 'big boy' banks News Aggregation Team Monday, February 18, 2019 12:00 am http://apbankers.net/article/47703/westpacamp039s-2bn-profit-underscores-advantages-for-amp039big-boyamp039-banks Bank of Queensland meanwhile underscored the challenges facing smaller lenders Investment Bank Macquarie wins Investment Manager of the Year News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47643/macquarie-wins-investment-manager-of-the-year Macquarie Investment Management was crowned Investment Manager of the Year at the Financial Standard Investment Leadership Awards tonight in Sydney. Investment Bank Top foreign banks bid for role in sale of two LNG plants News Aggregation Team Friday, February 15, 2019 12:00 am http://apbankers.net/article/47661/top-foreign-banks-bid-for-role-in-sale-of-two-lng-plants Pakistan has received about 10 bids from groups seeking a financial advisory role and expects to pick banks by the end of March. Investment Bank Australia's Macquarie CEO looks offshore for growth News Aggregation Team Tuesday, February 12, 2019 12:00 am http://apbankers.net/article/47583/australiaamp039s-macquarie-ceo-looks-offshore-for-growth “Apart from Business and Financial Services, all other four of our operating groups have found ... that they’ve reached a point of maturity in Australia, where they’ve really needed to expand offshore to grow their businesses,” she Investment Bank Westpac CEO Brian Hartzer backs Kenneth Hayne on bank culture reform News Aggregation Team Sunday, February 10, 2019 12:00 am http://apbankers.net/article/47536/westpac-ceo-brian-hartzer-backs-kenneth-hayne-on-bank-culture-reform Recommendation 5.6 of the royal commission said all financial services entities should assess "as often as reasonably possible" their culture and governance, then identify and deal with problems. Investment Bank Investment Banks Struggling to Find Good Junior Talent News Aggregation Team Friday, February 08, 2019 12:00 am http://apbankers.net/article/47524/investment-banks-struggling-to-find-good-junior-talent Overall 2018 was a mixed year for front office banking and financial services candidates. Investment Bank Nomura's traders are thankful of being let go at the best time of the year for finding new jobs News Aggregation Team Thursday, February 07, 2019 12:00 am http://apbankers.net/article/47482/nomuraamp039s-traders-are-thankful-of-being-let-go-at-the-best-time-of-the-year-for-finding-new-jobs "It's the perfect time of year for them to have been made redundant," says one Nomura insider of his absent colleagues. Investment Bank Asian investment bank warns of private capital decline News Aggregation Team Wednesday, February 06, 2019 12:00 am http://apbankers.net/article/47458/asian-investment-bank-warns-of-private-capital-decline Joachim Von Amsberg spoke with EURACTIV’s Jorge Valero Investment Bank