The Asia Pacific Banking News Network http://apbankers.net/ Wed, 28 Jun 2017 17:33:47 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Nikko am wins two mandates from zurich investments News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36606/nikko-am-wins-two-mandates-from-zurich-investments The mandates would be managed by Nikko Asset Management’s head of Australian equities, Brad Potter, and Nikko AM’s portfolio manager, Jason Kim, and would be based on the comparative value analysis strategy run by the Australian equities team. Wealth and Asset Management Private banker's 'love affair' still going strong News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36542/private-bankeramp039s-amp039love-affairamp039-still-going-strong Julius Baer's S-E Asia head relishes the challenges his role offers Wealth and Asset Management Departures at the Myer Family Company News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36556/departures-at-the-myer-family-company The merger of the two family offices, announced earlier this month, will create an entity with more than $3 billion under management. Wealth and Asset Management Assessing Singapore’s wealth management positioning News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36564/assessing-singaporeamprsquos-wealth-management-positioning Yet Singapore can remain as the centre for private banking if clients from markets around the region think the expertise is still available. Wealth and Asset Management Tata Trusts takes digital route for philanthropy News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36568/tata-trusts-takes-digital-route-for-philanthropy Be it efforts to empower rural women, break gender barrier in access to Internet in villages or address gaps in learning levels of students of government schools, Tata Trusts is now banking on digital ecosystem to scale up, enhance efficiency and reduce c Wealth and Asset Management Chinese wealth and family offices need professionals and private bankers News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36533/chinese-wealth-and-family-offices-need-professionals-and-private-bankers The composite global portfolios of family offices returned 0.3 per cent in 2015, from 6.1 in 2014 and 8.5 per cent in 2013, according to a report by Campden and UBS. Wealth and Asset Management Deutsche Bank excluded from UBS issue over poaching spat News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36543/deutsche-bank-excluded-from-ubs-issue-over-poaching-spat Swiss rival shunned after luring Asia-based wealth management staff Wealth and Asset Management China Merchants Bank sees strong wealth unit growth as it expands overseas News Aggregation Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36532/china-merchants-bank-sees-strong-wealth-unit-growth-as-it-expands-overseas Sees private banking assets growing 20 pct annually over 5 years Wealth and Asset Management Philippine HNWIs maintain strong home bias News Aggregation Team Thursday, June 22, 2017 12:00 am http://apbankers.net/article/36482/philippine-hnwis-maintain-strong-home-bias A preference for local investment products limits investor allocation to feeder funds, according to industry sources. Wealth and Asset Management Digital Wealth Management Key to Winning Asian Wealth News Aggregation Team Thursday, June 22, 2017 12:00 am http://apbankers.net/article/36493/digital-wealth-management-key-to-winning-asian-wealth WeChat is the most important digital channel for wealth managers. Wealth and Asset Management PineBridge lures Lisa Wang from SSGA News Aggregation Team Wednesday, June 28, 2017 12:00 am http://apbankers.net/article/36599/pinebridge-lures-lisa-wang-from-ssga She is also responsible for enhancing the company’s brand awareness within both institutional and retail channels. Executive Moves MUFG appoints managing director of event finance News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36577/mufg-appoints-managing-director-of-event-finance He brings to MUFG 18 years’ experience in loan capital markets, leveraged finance and project finance. Executive Moves Instinet Appoints Stuart Knowling as CEO of Asia Pacific News Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36580/instinet-appoints-stuart-knowling-as-ceo-of-asia-pacific Under his leadership, our Asian operations have continuously expanded their coverage and operational capabilities while delivering the highest standards of execution to Instinet’s global client base,” said Jonathan Kellner, CEO of Instinet Hol Executive Moves Westpac GM becomes PNG wealth group CEO News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36585/westpac-gm-becomes-png-wealth-group-ceo Before joining Kina, Pawson held multiple roles at Westpac including general manager commercial banking and regional head South Asia and Pacific. Executive Moves Former Fidelity CIO joins Yarra board News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36593/former-fidelity-cio-joins-yarra-board Michael's appointment is a significant milestone for Yarra Capital Management Executive Moves Human Super appoints inaugural chief executive News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36560/human-super-appoints-inaugural-chief-executive It's exciting to be part of a team that is employing cutting-edge technology and behavioural profiling to actually bring about change, and help minimise women's superannuation gap. Executive Moves REST CEO moves on, custodian renewed News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36563/rest-ceo-moves-on-custodian-renewed The board intends to engage an executive search firm to assist with a search for a successor and will be looking both internally and externally. Executive Moves IDFC Bank elevates Sunil Kakar as MD and CEO for 3 years News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36538/idfc-bank-elevates-sunil-kakar-as-md-and-ceo-for-3-years Director and Chief Executive Officer of the company with effect from July 17 for three years. Executive Moves Fullerton bolsters investment leadership team News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36552/fullerton-bolsters-investment-leadership-team His key focus areas include refining and articulating the company’s investment views and equity strategies, as well as driving solid and consistent investment performance. Executive Moves Gowling wlg welcomes guangzhoun office's new transactional principal News Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36520/gowling-wlg-welcomes-guangzhoun-officeamp039s-new-transactional-principal His wide-ranging experience, global citizenry and well-travelled background make him an ideal addition to our office. Executive Moves Supermodel Kerr hands over $8m in jewellery linked to 1MDB News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36590/supermodel-kerr-hands-over-8m-in-jewellery-linked-to-1mdb Australian supermodel Miranda Kerr has handed over $8.1m (£6.4m, €7.2m) worth of jewellery to US authorities that she allegedly received from former boyfriend Jho Low, a person of interest in the 1MDB scandal. Legal, Regulation & Compliance ASIC bans ex-AMP adviser News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36592/asic-bans-ex-amp-adviser The regulator added Macquarie's conduct was "reckless" for permitting to trade for 39 days Legal, Regulation & Compliance China's top banking regulator tells banks to push forward with reform News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36545/chinaamp039s-top-banking-regulator-tells-banks-to-push-forward-with-reform Beijing is promoting supply-side structural reform as a solution to industrial capacity and cutting its reliance on debt-driven growth policies. Legal, Regulation & Compliance HNA’s founder calls patronage claim a pack of lies News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36547/hnaamprsquos-founder-calls-patronage-claim-a-pack-of-lies HNA, one of China’s most aggressive global asset acquirers, is suing fugitive Guo Wengui for defamation for the allegations Legal, Regulation & Compliance BSP to seek qualified banks deal with Singapore News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36565/bsp-to-seek-qualified-banks-deal-with-singapore The BSP governor was responding to questions for updates on the Asean Banking Integration Framework, involving Qualified Asean Banks. Legal, Regulation & Compliance Why China's Secretive Regulators Are An Issue for Asian Dollar Debt News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36567/why-chinaamp039s-secretive-regulators-are-an-issue-for-asian-dollar-debt The sometimes opaque way the curbs are being implemented is making it difficult for cash-strapped firms to plan and undertake bond sales. Legal, Regulation & Compliance ASIC permanently bans former AMP Financial Planning adviser from financial services News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36573/asic-permanently-bans-former-amp-financial-planning-adviser-from-financial-services Mr Fong provided financial advice to a large number of clients on superannuation and insurance. Legal, Regulation & Compliance 1MDB: What Next for Scandal Bankers? News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36581/1mdb-what-next-for-scandal-bankers Falcon and BSI were hardest hit, paying combined S$17.6 million in fines before being sent packing. Legal, Regulation & Compliance Anbang’s predicament amid bank-risk probe News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36544/anbangamprsquos-predicament-amid-bank-risk-probe Regulatory action comes as ban on product sales has hit cash flow Legal, Regulation & Compliance China doles out $100 million punishment to Russian-controlled fund for role in 2015 crash News Aggregation Team Saturday, June 24, 2017 12:00 am http://apbankers.net/article/36539/china-doles-out-100-million-punishment-to-russian-controlled-fund-for-role-in-2015-crash The audit also found the company's trading was subject to a functioning risk-management system," it said. Legal, Regulation & Compliance HitPay introduces HitPay Keyboard payment solution News Aggregation Team Wednesday, June 28, 2017 12:00 am http://apbankers.net/article/36601/hitpay-introduces-hitpay-keyboard-payment-solution First payment keyboard in SEA to facilitate person-to-person cash transfers within any chat app FinTech Singapore banks to allow cellphone numbers for transfers News Aggregation Team Wednesday, June 28, 2017 12:00 am http://apbankers.net/article/36602/singapore-banks-to-allow-cellphone-numbers-for-transfers Institutions embracing fintech to serve the mobile-first generation FinTech Singapore to Let Banks Invest in Digital Platforms, E-Commerce News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36604/singapore-to-let-banks-invest-in-digital-platforms-e-commerce Regulator to limit investment to 10% of bank’s capital funds FinTech NAM and NRI Conduct Proof of Concept for Applying AI in the Asset Management Industry News Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36572/nam-and-nri-conduct-proof-of-concept-for-applying-ai-in-the-asset-management-industry The objective of the PoC was to assess whether analysis with AI would contribute to increased accuracy of portfolio managers’ investment decision-making. FinTech Promises and pitfalls in Cambodia's online business world News Aggregation Team Saturday, June 24, 2017 12:00 am http://apbankers.net/article/36535/promises-and-pitfalls-in-cambodiaamp039s-online-business-world Young and growing internet population could mean opportunities for investors FinTech India's Biggest E-Commerce Merger at Risk as Billionaire Objects News Aggregation Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36529/indiaamp039s-biggest-e-commerce-merger-at-risk-as-billionaire-objects Flipkart had earlier told Snapdeal that it wants all the startup’s investors to agree to deal terms as a precondition of the transaction FinTech JD.com and Farfetch Partner to Open Ultimate Gateway for Bringing Luxury Brands to China News Aggregation Team Thursday, June 22, 2017 12:00 am http://apbankers.net/article/36501/jdcom-and-farfetch-partner-to-open-ultimate-gateway-for-bringing-luxury-brands-to-china Farfetch has well-established operations in China and is already the partner of choice for 200 luxury brands and more than 500 multi-brand retailers. FinTech Ketan Samani: «More Than 90 Pct of Fintechs Perish» News Aggregation Team Wednesday, June 21, 2017 12:00 am http://apbankers.net/article/36465/ketan-samani-amplaquomore-than-90-pct-of-fintechs-perishampraquo Speed remains an important factor in the innovation process, but this year we will probably progress a little more slowly. FinTech Shariah compliant Robo Advisor ‘Algebra’ to pilot in Asia before going global News Aggregation Team Wednesday, June 21, 2017 12:00 am http://apbankers.net/article/36468/shariah-compliant-robo-advisor-amplsquoalgebraamprsquo-to-pilot-in-asia-before-going-global A robo-advisor is an online wealth management service that provides automated, algorithm-based portfolio management advice without the use of human financial planners. FinTech RegTech solutions set for adoption across APAC News Team Wednesday, June 21, 2017 12:00 am http://apbankers.net/article/36477/regtech-solutions-set-for-adoption-across-apac Across Asia Pacific and, for that matter, globally, financial services firms are being asked to provide more detailed and complex submissions to regulators on a more regular basis, using a greater variety of measurement methods. FinTech Korea’s KIC expected to open new office in Singapore News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36575/koreaamprsquos-kic-expected-to-open-new-office-in-singapore The KIC opened its first overseas office in New York City in 2010, and its second in London the following year. Alternative Investments Investors flocking to Asian bonds News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36579/investors-flocking-to-asian-bonds Even the US Federal Reserve’s interest rate increase and hawkish tone, which came on the same day as the data, failed to substantially lift Treasury yields. Alternative Investments An evolution towards passive investing News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36583/an-evolution-towards-passive-investing A confluence of trends is leading to an increasing amount of asset flows around the world into passive investments. Alternative Investments Singapore State Fund Said to Confront Complaints in GLP Sale News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36591/singapore-state-fund-said-to-confront-complaints-in-glp-sale Bidders competing with management group sought more disclosure Alternative Investments Manulife Continues Asian Expansion News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36594/manulife-continues-asian-expansion The Toronto headquartered firm becomes the first trust corporation backed by the resources of a multinational financial services group in the Philippines, following the recent liberalization measures initiated by the BSP. Alternative Investments Savings bleeding out of Japan's graying regions to Tokyo News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36595/savings-bleeding-out-of-japanamp039s-graying-regions-to-tokyo Regional banks paying high interest rates in hopes of retaining cash Alternative Investments Nomura Asset Management expands AI effort News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36598/nomura-asset-management-expands-ai-effort This PoC is one of the first full-scale efforts made by a Japanese asset manager to analyze and score analyst reports using AI. Alternative Investments Macquarie goes to Rio with joint real estate venture News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36541/macquarie-goes-to-rio-with-joint-real-estate-venture Macquarie already has a presence in the Americas, in Mexico, via the listed FIBRA Macquarie real estate investment trust and last year became a big player locally and in China. Alternative Investments PE Panorama: CalPERS to pull out of PE? News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36551/pe-panorama-calpers-to-pull-out-of-pe CalPERS has an allocation of just under US$26 billion to PE, representing just over 8% of its total portfolio. Alternative Investments Link in major UK acquisition News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36554/link-in-major-uk-acquisition The balance of the Acquisition would be funded through a combination of existing cash and available debt facilities. Alternative Investments 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 MIDF Amanah to introduce new shariah fund for high net worth investors News Aggregation Team Monday, June 05, 2017 12:00 am http://apbankers.net/article/36201/midf-amanah-to-introduce-new-shariah-fund-for-high-net-worth-investors MIDF Amanah also noted that equity portfolios with high content of small to mid-cap stocks tend to outperform the bigger-cap portfolios during this period. Islamic Finance Time for Islamic banks to consider merger, says banker News Aggregation Team Sunday, May 28, 2017 12:00 am http://apbankers.net/article/36063/time-for-islamic-banks-to-consider-merger-says-banker On a larger scale, mega Islamic banks will have huge potential to spread their wings off the Malaysian shores into Indonesia, Cambodia and Singapore to become a regional champion, he said. Islamic Finance Noor Financial Investment said to weigh sale of stake in Pakistan’s Meezan Bank News Aggregation Team Thursday, May 25, 2017 12:00 am http://apbankers.net/article/36061/noor-financial-investment-said-to-weigh-sale-of-stake-in-pakistanamprsquos-meezan-bank Kuwaiti firm’s stock gains 5.9% in biggest advance since April 16 Kuwait’s Noor Financial Investment Co. is weighing the potential sale of its 49 per cent stake in Pakistan’s largest Islamic lender Meezan Bank Ltd., according to people f Islamic Finance 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 Key fund pushes African growth News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36586/key-fund-pushes-african-growth Therefore sufficient financing needs to step in. Investment Banking Shinhan Financial beefs up investment banking, global, and digital divisions News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36589/shinhan-financial-beefs-up-investment-banking-global-and-digital-divisions The overall move is aimed at enhancing the group’s monitoring system and reducing risk in investment banking business. Investment Banking Foreign banks lose out to local rivals on earnings but they still hold advantage News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36603/foreign-banks-lose-out-to-local-rivals-on-earnings-but-they-still-hold-advantage Average net interest margins weakened slightly for Standard Chartered, HSBC, OCBC and UOBM, it added. Investment Banking HSBC bullish on PH growth, neutral on equities market News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36557/hsbc-bullish-on-ph-growth-neutral-on-equities-market It is partly due to the difficult competitive environment for a number of domestic sectors. Investment Banking South Korea's Woori Bank to open Frankfurt subsidiary ahead of Brexit News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36536/south-koreaamp039s-woori-bank-to-open-frankfurt-subsidiary-ahead-of-brexit The South Korean bank's decision to set up the subsidiary was made at the start of this year and will likely see it set up shop with five staff this autumn - all of which are expected to be new hires. Investment Banking RBS to cut hundreds of UK jobs in move to India News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36553/rbs-to-cut-hundreds-of-uk-jobs-in-move-to-india Bank’s transfer of loans team to Mumbai brings loss of 443 jobs in Britain and condemnation by Unite over ‘cheap’ labour Investment Banking Janus Henderson Investors appoints BNP Paribas securities unit to service Singapore-based funds News Aggregation Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36513/janus-henderson-investors-appoints-bnp-paribas-securities-unit-to-service-singapore-based-funds The relationship covers key markets such as the UK, Continental Europe and Australia. Investment Banking Macquarie bankers drug colleague with valium and laxatives News Aggregation Team Thursday, June 22, 2017 12:00 am http://apbankers.net/article/36497/macquarie-bankers-drug-colleague-with-valium-and-laxatives The drugging is believed to have occurred between June 1 and June 10, 2011. Investment Banking Macquarie bank faces class action over advice on worthless Brazilian mine project News Aggregation Team Wednesday, June 21, 2017 12:00 am http://apbankers.net/article/36466/macquarie-bank-faces-class-action-over-advice-on-worthless-brazilian-mine-project The bank, known as the "millionaires' factory", is facing legal action on several fronts, with a series of explosive claims referred to the corporate regulator last month. Investment Banking AIIB approves first equity investment News Aggregation Team Tuesday, June 20, 2017 12:00 am http://apbankers.net/article/36439/aiib-approves-first-equity-investment The fund “will benefit local infrastructure development by enhancing private capital inflows from global long-term investors, such as public pension funds, endowments and insurance companies”, according to the AIIB. Investment Banking More hot money enters PH despite disappointing Q1 growth News Aggregation Team Sunday, June 04, 2017 12:00 am http://apbankers.net/article/36173/more-hot-money-enters-ph-despite-disappointing-q1-growth On May 18, the government reported that the gross domestic product grew 6.4 percent in the first three months, below most forecasts. InvestmentView China plans for financial stability News Aggregation Team Sunday, June 04, 2017 12:00 am http://apbankers.net/article/36189/china-plans-for-financial-stability America’s economic policy, generating a huge impact on global financial stability, is one of the important focuses of the forum. InvestmentView 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 SBI chief's salary zilch compared to counterparts in private banks News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36558/sbi-chiefamp039s-salary-zilch-compared-to-counterparts-in-private-banks She received allowances and perquisites of over Rs 2.43 crore. Retail Banking ICBC looks to future challenges News Aggregation Team Saturday, June 24, 2017 12:00 am http://apbankers.net/article/36537/icbc-looks-to-future-challenges While he dismisses any talk of an imminent crisis in China, Yi singles out credit risk, interest rate liberalisation and the arrival of internet finance as the three main challenges facing Chinese banks. Retail Banking Another PSB merger likely News Aggregation Team Saturday, June 10, 2017 12:00 am http://apbankers.net/article/36291/another-psb-merger-likely FM to meet with PSU banks to discuss ways to solve bad loan problem. Retail Banking Bye-bye, western bank dominance! Chinese giants are taking over Hong Kong News Aggregation Team Saturday, June 10, 2017 12:00 am http://apbankers.net/article/36294/bye-bye-western-bank-dominance-chinese-giants-are-taking-over-hong-kong Hong Kong has long acted as the gateway into and out of China. Retail Banking China's CITIC Bank approves deal for stake in Kazakh lender News Aggregation Team Thursday, June 08, 2017 12:00 am http://apbankers.net/article/36269/chinaamp039s-citic-bank-approves-deal-for-stake-in-kazakh-lender Altyn Bank is a medium-sized lender with assets of about $930 million, targeting both retail and corporate customers. Retail Banking China Construction Bank rings bell to list $1.2 billion bond on Nasdaq Dubai News Aggregation Team Wednesday, June 07, 2017 12:00 am http://apbankers.net/article/36251/china-construction-bank-rings-bell-to-list-12-billion-bond-on-nasdaq-dubai Listing underlines growing economic ties between UAE and China Retail Banking CIMB clinches 21 awards at prestigious event News Aggregation Team Saturday, June 03, 2017 12:00 am http://apbankers.net/article/36172/cimb-clinches-21-awards-at-prestigious-event The awards are conferred by The Asset, a leading financial publishing group in Asia Pacific. Retail Banking China Construction Bank opens first branch in Malaysia News Aggregation Team Friday, June 02, 2017 12:00 am http://apbankers.net/article/36176/china-construction-bank-opens-first-branch-in-malaysia CCB will be committed to fully support CCB Malaysia's growth Retail Banking AMMB, RHB confirm merger plan, get BNM nod News Aggregation Team Thursday, June 01, 2017 12:00 am http://apbankers.net/article/36153/ammb-rhb-confirm-merger-plan-get-bnm-nod RHB Bank is currently the country's fourth largest lender among eight domestic banking groups, while AMMB is the sixth. Retail Banking OCBC: Its War On Cash News Aggregation Team Wednesday, May 31, 2017 12:00 am http://apbankers.net/article/36129/ocbc-its-war-on-cash This is unlike mobile wallets which require additional steps to top up the mobile wallet using a bank account. Retail Banking Chinese money floods into Hong Kong property, as Beijing set to check taxpayers’ foreign financial accounts News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36605/chinese-money-floods-into-hong-kong-property-as-beijing-set-to-check-taxpayersamprsquo-foreign-financial-accounts From July 1, China’s top tax authority will start requiring details of any financial assets held in China Tax Expiry date in tax havens? Jersey shares 'old' records of trusts & foundations News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36570/expiry-date-in-tax-havens-jersey-shares-amp039oldamp039-records-of-trusts-ampamp-foundations A tax haven would have no obligation to reveal details of bank accounts and trusts that have been closed. Tax Aussie Banks Get Bashed Again News Aggregation Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36512/aussie-banks-get-bashed-again ANZ Chief Executive Officer Shayne Elliott wasted no time in responding to the South Australian Government’s announcement of a new state-based bank tax. Tax Australian banks face 'Pandora's box' of taxes after state hike News Aggregation Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36519/australian-banks-face-amp039pandoraamp039s-boxamp039-of-taxes-after-state-hike While a state bank tax was not currently being considered, Western Australia was watching how it went in South Australia, he said. Tax S'pore inks 2 pacts to enhance exchange of tax info News Aggregation Team Friday, June 23, 2017 12:00 am http://apbankers.net/article/36530/samp039pore-inks-2-pacts-to-enhance-exchange-of-tax-info The first agreement covers the automatic exchange of financial account information under the Common Reporting Standard Tax S’pore signs multilateral deals to boost tax cooperation News Aggregation Team Thursday, June 22, 2017 12:00 am http://apbankers.net/article/36490/samprsquopore-signs-multilateral-deals-to-boost-tax-cooperation The first agreement commits to have an automatic exchange of financial account information under the common reporting standard, bringing Singapore on board with more than 90 jurisdictions. Tax Hong Kong needs radical tax reform, as addiction to real estate is hurting long-term growth News Aggregation Team Sunday, June 18, 2017 12:00 am http://apbankers.net/article/36409/hong-kong-needs-radical-tax-reform-as-addiction-to-real-estate-is-hurting-long-term-growth The government’s strategy of simply hiking stamp duty rates has largely been unsuccessful in cooling the market, an outcome that, to a tax practitioner, is unsurprising. Tax Indonesia & Hong Kong to Share Taxpayers' Bank Account Data News Aggregation Team Saturday, June 17, 2017 12:00 am http://apbankers.net/article/36407/indonesia-ampamp-hong-kong-to-share-taxpayersamp039-bank-account-data The so-called "Panama Papers", which involved the leaking of 11.5 million documents of Panamanian law firm Mossack Fonseca in 2016 Tax Bank levy: Macquarie Group wants exemption News Aggregation Team Friday, June 16, 2017 12:00 am http://apbankers.net/article/36380/bank-levy-macquarie-group-wants-exemption “Offshore investors have voiced their concerns about the tax and what it says about relations between the Australian banks and the government,” Mr Lennon will say. Tax Hong Kong firms to increase investment in internal auditing News Aggregation Team Thursday, June 15, 2017 12:00 am http://apbankers.net/article/36384/hong-kong-firms-to-increase-investment-in-internal-auditing The survey also shows that over 80% of senior audit executives rated the role of their internal audit function as a key business advisor, demonstrating that internal audit practitioners regard their function as a value provider. Tax AI to drive GDP gains of $15.7 trillion - PwC News Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36587/ai-to-drive-gdp-gains-of-157-trillion-pwc "The big challenge is how to secure the right talent, technology and access to data to make the most of this opportunity." Comment, Analysis & Research On-shoring offshore funds to India News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36584/on-shoring-offshore-funds-to-india The right regulatory changes would enable this, giving a boost to the domestic fund management industry Comment, Analysis & Research The World Ultra Wealth Report 2017 News Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36588/the-world-ultra-wealth-report-2017 The number of super-rich 'ultra-high net worth' people in the world is growing Comment, Analysis & Research Hong Kong wealth gap at its widest in decades as handover anniversary nears News Aggregation Team Tuesday, June 27, 2017 12:00 am http://apbankers.net/article/36596/hong-kong-wealth-gap-at-its-widest-in-decades-as-handover-anniversary-nears Despite government efforts to alleviate poverty, the city remains among the most inequitable in the world, said charity Oxfam, citing recent census data. Comment, Analysis & Research Schroders Global Cities 30 index News Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36561/schroders-global-cities-30-index The Schroders Global Cities 30 index is compiled on a range of factors, including the projected growth of the economy, disposable incomes over the next decade and the size of the population. Comment, Analysis & Research Mario Bassi: «Australia – The Graveyard of Private Banking?» News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36566/mario-bassi-amplaquoaustralia-ampndash-the-graveyard-of-private-bankingampraquo Are only the local banks struggling with private banking? No Comment, Analysis & Research China’s shadow finance time-bomb could trigger crisis News Aggregation Team Monday, June 26, 2017 12:00 am http://apbankers.net/article/36576/chinaamprsquos-shadow-finance-time-bomb-could-trigger-crisis Rising middle class would face harsh lesson if WMPs market collapses Comment, Analysis & Research The NextGen Billionaire Next Door Measures Impact In People, Not Dollars News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36534/the-nextgen-billionaire-next-door-measures-impact-in-people-not-dollars The conference is one of three global programs in Europe, Asia (Hong Kong) and Silicon Valley/San Francisco that the bank organizes and localizes for each region. Comment, Analysis & Research China, Hong Kong the biggest source of funds mediated through British Virgin Islands, study says News Aggregation Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36540/china-hong-kong-the-biggest-source-of-funds-mediated-through-british-virgin-islands-study-says British Virgin Islands investments created 2.2 million jobs and US$15.7 billion tax globally in 2015, research by Capital Economics showed Comment, Analysis & Research Global watchdog warns next financial crash could come 'with a vengeance' News Team Sunday, June 25, 2017 12:00 am http://apbankers.net/article/36569/global-watchdog-warns-next-financial-crash-could-come-amp039with-a-vengeanceamp039 Ensuring a resilient financial system is the best way to reap the benefits of real globalisation. Comment, Analysis & Research