Managers of Wealth - Asia http://apbankers.net/ Sat, 18 Jan 2020 11:47:25 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png Managers of Wealth - Asia KohanaPHP HSBC launches Flexinvest for unit trust purchase on mobile News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53731/hsbc-launches-flexinvest-for-unit-trust-purchase-on-mobile Customers can set up a monthly plan or make a one-off investment in 10 funds Wealth and Asset Management Wealth giants shrink advertising budgets News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53737/wealth-giants-shrink-advertising-budgets AustralianSuper has gone from spending about $14.7 million Wealth and Asset Management Family offices among first adopters of Singapore’s VCC framework News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53716/family-offices-among-first-adopters-of-singaporeamprsquos-vcc-framework The framework also creates new opportunities for Singapore-based fund service providers such as legal and tax advisors, accountants, fund administrators and fund custodians Wealth and Asset Management Transamerica Life Bermuda's Excellent Customer Service Recognised at the Benchmark Wealth Management Awards News Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53717/transamerica-life-bermudaamp039s-excellent-customer-service-recognised-at-the-benchmark-wealth-management-awards The award marks the third year in a row the company is lauded as a leader in the industry Wealth and Asset Management UBS Wealth Management Starts Cutting Jobs in Asia and Europe News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53680/ubs-wealth-management-starts-cutting-jobs-in-asia-and-europe Job cuts are targeted across functions focused on Asia, Europe Wealth and Asset Management Thailand wealth management sector grows as HNWIs hit 30,000 News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53695/thailand-wealth-management-sector-grows-as-hnwis-hit-30000 We see vast potential for the market as compared to more mature markets in the region" Wealth and Asset Management China's super-rich eye family office for wealth management: report News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53624/chinaamp039s-super-rich-eye-family-office-for-wealth-management-report About 84 percent are actively taking measures to set up or join a family office, the survey said. Wealth and Asset Management Foreign managers see new opportunity from Chinese banks News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53640/foreign-managers-see-new-opportunity-from-chinese-banks The first foreign manager tie-ups with local banks for the new segment were announced in December Wealth and Asset Management Global Market Insights - WHIreland Wealth Management News Team Sunday, January 12, 2020 12:00 am http://apbankers.net/article/53623/global-market-insights-whireland-wealth-management Inevitably, not all assets provided such positive returns. Wealth and Asset Management Chinese FOs gain traction News Aggregation Team Friday, January 10, 2020 12:00 am http://apbankers.net/article/53593/chinese-fos-gain-traction China’s rapid economic growth has led to the emergence of family offices in the country, but AUM is still lagging the rest of the world, according to a UBS WM report. Wealth and Asset Management HESTA names chief risk officer News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53728/hesta-names-chief-risk-officer He has also served as a director of the Climate Bonds Standards Board and as co-chair of the UN PRI Infrastructure Advisory Committee. Executive Moves Investment boutique makes PIMCO hire News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53734/investment-boutique-makes-pimco-hire Prior to the Ardea appointment, Ryan worked as the senior vice president of quantitative research at PIMCO, while also co-founding an ethical investment fund that was transferred to Ardea at the end of 2019. Executive Moves Family office manager hires Discovery director News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53736/family-office-manager-hires-discovery-director He was most recently a director at Discovery Asset Management for five years Executive Moves Calypso appointment APAC Managing Director News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53750/calypso-appointment-apac-managing-director R.G. joins from Eze Software where he spent more than 16 years. Executive Moves Indosuez WM Names Hong Kong CEO News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53690/indosuez-wm-names-hong-kong-ceo While in charge of Indosuez Group’s mergers and acquisitions between 2016 and 2018, Livenais oversaw the firm's acquisition of Crédit Industriel et Commercial’s (CIC) private banking operations in Asia in 2017, which has since boos Executive Moves Australia’s Local Government Super names Claudia Bels as independent director News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53704/australiaamprsquos-local-government-super-names-claudia-bels-as-independent-director She also has extensive experience in strategic leadership across a range of diverse issues including corporate turnarounds, cultural change and engagement with regulators. Executive Moves MUFG defies convention with choice of Kamezawa for CEO News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53706/mufg-defies-convention-with-choice-of-kamezawa-for-ceo Ignoring seniority and schooling shows bank's push to go digital Executive Moves Tricor makes three key appointments to kick off the new year News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53708/tricor-makes-three-key-appointments-to-kick-off-the-new-year Gary Tok and Jennifer Ngai join respectively as Group COO and Executive Director, while Richard Beattie has been named as the new CEO for Australia. Executive Moves KPMG announces new head of insurance in Asia-Pacific News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53710/kpmg-announces-new-head-of-insurance-in-asia-pacific Change in leadership to Erik Bleekrode comes as industry experiences massive disruption Executive Moves eVestment appoints client service analyst in Hong Kong office News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53711/evestment-appoints-client-service-analyst-in-hong-kong-office Vivian Sit will work with the firm's clients in Asia-Pacific region Executive Moves Malaysia regulator releases guidelines for digital fundraising, exchanges News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53730/malaysia-regulator-releases-guidelines-for-digital-fundraising-exchanges The SC says the guidelines will become effective in the second half of 2020 to allow potential issuers, platform operators and investors to familiarise themselves with the rules. Legal, Regulation & Compliance Australian financial adviser charged with 69 counts of deception News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53733/australian-financial-adviser-charged-with-69-counts-of-deception He initially delivered strong returns but the victim could not access them. Legal, Regulation & Compliance MAS and ACRA Launch Variable Capital Companies Framework News Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53699/mas-and-acra-launch-variable-capital-companies-framework The VCC is a new corporate structure that can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings. Legal, Regulation & Compliance Vietnamese central bank invited to become BIS member News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53692/vietnamese-central-bank-invited-to-become-bis-member The State Bank of Vietnam has been invited to become a member of the Bank for International Settlements (BIS), the first expansion of the prestigious international financial institution's central bank membership base since 2011. Legal, Regulation & Compliance UBS’s Hong Kong IPO Sponsorship Ban Lifted News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53693/ubsamprsquos-hong-kong-ipo-sponsorship-ban-lifted The SFC would like to make clear that the standards assessed in the case of UBS are equivalent to those that are expected to be adopted by all licensed sponsors Legal, Regulation & Compliance Singapore targets more of world’s billions in fund rule overhaul News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53694/singapore-targets-more-of-worldamprsquos-billions-in-fund-rule-overhaul The move is part of government efforts to build on Singapore’s traditional strength as a financial center and reduce the economy’s reliance on more volatile sectors such as trade. Legal, Regulation & Compliance Singapore Launches New VCC Framework for Funds News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53697/singapore-launches-new-vcc-framework-for-funds VCCs are also eligible for tax exemptions. Legal, Regulation & Compliance Consumer warning of 'profiling for profit' by fintechs News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53701/consumer-warning-of-amp039profiling-for-profitamp039-by-fintechs The Financial Rights Legal Centre and Consumer Action Law Centre says the enhanced privacy protections in the government's consumer data right legislation are crucial to protect customers Legal, Regulation & Compliance Ex-BOS exec gets IAM licence News Aggregation Team Tuesday, January 14, 2020 12:00 am http://apbankers.net/article/53678/ex-bos-exec-gets-iam-licence Independent asset manager Raintree Asset Management, run by Bank of Singapore’s former DPM head, has started onboarding clients. Legal, Regulation & Compliance Nomura Middle East head: Saudi-Japan business links to move beyond oil News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53626/nomura-middle-east-head-saudi-japan-business-links-to-move-beyond-oil Makoto Kinone talks to Arab News during Japanese Prime Minister Abe’s visit to the Gulf Legal, Regulation & Compliance BCG installs 'digital human' to advise its consultants News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53741/bcg-installs-amp039digital-humanamp039-to-advise-its-consultants The Access Group revealed that millions of jobs could be impacted by technology, with some of their duties and tasks being automated in the future. FinTech Crypto hedge fund Circle Fund to be compliant in Asia News Aggregation Team Tuesday, January 14, 2020 12:00 am http://apbankers.net/article/53656/crypto-hedge-fund-circle-fund-to-be-compliant-in-asia Circle Fund focuses on investing in projects that will provide long-term value to the blockchain ecosystem as well as maximize financial returns. FinTech China Finalizing Laws For Digital-Only Banking News Aggregation Team Tuesday, January 14, 2020 12:00 am http://apbankers.net/article/53673/china-finalizing-laws-for-digital-only-banking Global financial institutions are not profitable in China, and many have yet to break even. FinTech Enigma Group-led consortium applies for Singapore's digital full bank licence News Aggregation Team Tuesday, January 14, 2020 12:00 am http://apbankers.net/article/53674/enigma-group-led-consortium-applies-for-singaporeamp039s-digital-full-bank-licence The consortium has submitted an application for a Digital Full Bank license that would allow it to provide a range of financial services and take deposits from retail and non-retail customers FinTech The rise of the digital economy: What is it and why it matters for Singapore News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53627/the-rise-of-the-digital-economy-what-is-it-and-why-it-matters-for-singapore Going digital is now an imperative for companies across all sectors, and workers are nudged to pick up new skills as the economy embraces more technology. FinTech Thai Tycoon Who Owns Fortune Magazine Plans Fintech Acquisitions News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53637/thai-tycoon-who-owns-fortune-magazine-plans-fintech-acquisitions Chatchaval Jiaravanon seeking to expand his startup Lightnet FinTech TigerWit Receives Hong Kong Securities and Futures Commission Licence News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53639/tigerwit-receives-hong-kong-securities-and-futures-commission-licence TigerWit plans to add even more solutions to its product offering in 2020 FinTech Jack Ma, Grab eye opportunities in Singapore digital bank battle News Aggregation Team Sunday, January 12, 2020 12:00 am http://apbankers.net/article/53614/jack-ma-grab-eye-opportunities-in-singapore-digital-bank-battle "Singapore is the launchpad for Southeast Asia." FinTech Thailand Might Not be Ready Like Singapore and Hong Kong to Implement Digital Banking Systems, Says Thai Central Bank Governor News Aggregation Team Sunday, January 12, 2020 12:00 am http://apbankers.net/article/53615/thailand-might-not-be-ready-like-singapore-and-hong-kong-to-implement-digital-banking-systems-says-thai-central-bank-governor Digitization, for Thailand, is considered an effective way to introduce modern banking services more widely while encouraging competition. FinTech Thailand’s Finnomena bags $10m in round led by Gobi, Openspace News Aggregation Team Friday, January 10, 2020 12:00 am http://apbankers.net/article/53588/thailandamprsquos-finnomena-bags-10m-in-round-led-by-gobi-openspace Previously, Finnomena secured US$3.2 million in a series A funding round from Krungsri Finnovate, Benchachinda, and 500 TukTuks in 2017. FinTech Asia bonds to attract yield seekers, Gao Teng says News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53726/asia-bonds-to-attract-yield-seekers-gao-teng-says The Tencent-backed firm is yet another manager who is upbeat on the higher-yielding Asian bond market, despite the risks. Alternative Investments Mirae Asset pushes China themed ETFs in Hong Kong News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53727/mirae-asset-pushes-china-themed-etfs-in-hong-kong One of the firm’s thematic ETF products has amassed around $150m within the first six months after launch. Alternative Investments New super fund to launch News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53732/new-super-fund-to-launch Details about the fund are light ahead of launch, but it is a retail super offering targeting competitive returns while investing sustainably. Alternative Investments Nomura Capital Partners Acquires Cook Deli Stake News Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53740/nomura-capital-partners-acquires-cook-deli-stake The percentage of shares acquired and investment amount are undisclosed. Alternative Investments KKR Increases Commitment to KKR India Financial Services News Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53691/kkr-increases-commitment-to-kkr-india-financial-services Commitment to bolster financial position and enhance KIFS’ ability to provide financing solutions to companies in India Alternative Investments Fastest-growing firms in Singapore propelled by tech, innovation News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53705/fastest-growing-firms-in-singapore-propelled-by-tech-innovation Tech firms and businesses that invest in new digital tools come up tops in study Alternative Investments Allianz gets nod for first wholly foreign-owned insurance unit in China News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53724/allianz-gets-nod-for-first-wholly-foreign-owned-insurance-unit-in-china Allianz has already had two insurance joint ventures in China, Allianz Jingdong General Insurance and Allianz China Life, but the new unit will allow the group to diversify its business into investment-related products Alternative Investments Malaysia firm launches JP Morgan feeder fund News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53679/malaysia-firm-launches-jp-morgan-feeder-fund Affin Hwang Asset Management has introduced an income product for Malaysian investors, aiming for 5% annual distribution. Alternative Investments VanEck launches new income product News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53684/vaneck-launches-new-income-product VanEck Asia Pacific managing director Arian Neiron said the portfolio will reap income for investors. Alternative Investments PIMCO a hit with Aussie instos News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53685/pimco-a-hit-with-aussie-instos The two investing giants have found different areas of focus; PIMCO got most of its insto inflows from its international fixed interest capabilities, while BlackRock's Australian fixed interest strategies won the most business for it. Alternative Investments Dummy unit ‘involved in tax fraud’ unearthed News Aggregation Team Thursday, December 26, 2019 12:00 am http://apbankers.net/article/53332/dummy-unit-amplsquoinvolved-in-tax-fraudamprsquo-unearthed Further investigations are under way. Tax KPMG records double digit growth in MESA News Aggregation Team Tuesday, December 24, 2019 12:00 am http://apbankers.net/article/53311/kpmg-records-double-digit-growth-in-mesa "A strong emphasis is placed on the pillars of trust and quality which we foresee as pivotal, and also in embedding technology into all core functions.” Tax Have anti-government protests cooked Hong Kong's financial goose? News Aggregation Team Monday, December 23, 2019 12:00 am http://apbankers.net/article/53299/have-anti-government-protests-cooked-hong-kongamp039s-financial-goose As anti-government street protests spread through this city of 7.5 million people since June, the financial planning services his company offered were clearly not a priority for residents. Tax Hong Kong takes aim at middlemen in wake of Panama Papers scandal News Aggregation Team Monday, December 16, 2019 12:00 am http://apbankers.net/article/53176/hong-kong-takes-aim-at-middlemen-in-wake-of-panama-papers-scandal They have many legitimate purposes but can also be used to hide assets and evade taxes. Tax Australia's wealthy on the tax office hit list News Aggregation Team Wednesday, December 04, 2019 12:00 am http://apbankers.net/article/52967/australiaamp039s-wealthy-on-the-tax-office-hit-list It will use the responses to assign each group a risk rating and triage each for its turn to undergo a full audit. Tax Pakistan Banks agree on sharing account holders’ details with tax authorities News Aggregation Team Sunday, December 01, 2019 12:00 am http://apbankers.net/article/52902/pakistan-banks-agree-on-sharing-account-holdersamprsquo-details-with-tax-authorities “It would enable the tax department to access real-time information of transactions made through the banking system.” Tax S. Korean Government Takes Aim at Google News Aggregation Team Tuesday, November 26, 2019 12:00 am http://apbankers.net/article/52790/s-korean-government-takes-aim-at-google At issue is whether or not multinational IT companies that do not have “fixed workplaces” in South Korea can be subject to a legitimate level of taxes. Tax The taxman’s late, but he hasn’t forgotten your bill – letters going out soon to Hong Kong taxpayers News Aggregation Team Monday, November 25, 2019 12:00 am http://apbankers.net/article/52750/the-taxmanamprsquos-late-but-he-hasnamprsquot-forgotten-your-bill-ampndash-letters-going-out-soon-to-hong-kong-taxpayers Tax concessions bill stalled by Legco shutdown following vandalism by masked radicals Tax Australia: Tax Avoidance Taskforce focuses on private groups News Team Friday, November 22, 2019 12:00 am http://apbankers.net/article/52746/australia-tax-avoidance-taskforce-focuses-on-private-groups There also will be an assessment of whether there is an effective tax governance framework in place for the private group Tax INSIGHT: Double Taxation and the OECD Unified Approach—What it Means for U.S. Multinationals in China News Aggregation Team Wednesday, November 20, 2019 12:00 am http://apbankers.net/article/52671/insight-double-taxation-and-the-oecd-unified-approachampmdashwhat-it-means-for-us-multinationals-in-china The OECD asserts that the Unified Approach has been developed to “attract support from all members of the Inclusive Framework.” Tax Future of life insurance in doubt: APRA News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53735/future-of-life-insurance-in-doubt-apra APRA said this was in part due to "poor product design" and "aggressive" selling methods, as highlighted during the Royal Commission. Comment, Analysis & Research HKMA Urges Family Offices to Set Up in Hong Kong News Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53738/hkma-urges-family-offices-to-set-up-in-hong-kong Hong Kong’s connectivity role is further enhanced by the ongoing integration of the Greater Bay Area, he added, highlighting last November’s announcement that China plans to explore the establishment of a cross-boundary wealth management conne Comment, Analysis & Research Understanding climate risk - McKinsey Global Institute News Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53742/understanding-climate-risk-mckinsey-global-institute How could Earth’s changing climate impact socioeconomic systems across the world in the next three decades? A yearlong, cross-disciplinary research effort at McKinsey & Company provides some answers. Comment, Analysis & Research The Tokenisation of Assets and Potential Implications for Financial Markets News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53743/the-tokenisation-of-assets-and-potential-implications-for-financial-markets Asset tokenisation has become one of the most prominent use-cases of distributed ledger technologies in financial markets Comment, Analysis & Research New Year of the White Rat - a good moment for investors in China? Willis Owen's Lowcock News Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53744/new-year-of-the-white-rat-a-good-moment-for-investors-in-china-willis-owenamp039s-lowcock China’s growth has been slowing as the economy is much larger, whilst the population growth has also begun slow. Comment, Analysis & Research Who are the 10 new Asian billionaires News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53745/who-are-the-10-new-asian-billionaires Billionaires from China, Hong Kong, The Philippines, India, South Korea, Singapore and Vietnam are giving the big names a run for their money Comment, Analysis & Research Our Journey Towards Sound Bank Culture – Reflections and Beyond News Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53751/our-journey-towards-sound-bank-culture-ampndash-reflections-and-beyond Alan Au, Executive Director (Banking Conduct), Hong Kong Monetary Authority (Regulatory Keynote Address at 1LoD Summit in Hong Kong) Comment, Analysis & Research Nomura's new CEO races old US foes for growth in China News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53749/nomuraamp039s-new-ceo-races-old-us-foes-for-growth-in-china Overpowered by the likes of Goldman Sachs, Japanese group 'focuses' Comment, Analysis & Research Amid uncertainties in 2020, AI-led emerging technologies placed high hope to bolster global growth News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53696/amid-uncertainties-in-2020-ai-led-emerging-technologies-placed-high-hope-to-bolster-global-growth Though about 40 percent of the participants of the forum expressed pessimism about the global economic prospective for 2020, they expected that Asia will continue outperform the rest of the world, with China as a strong propellor. Comment, Analysis & Research How to counsel clients when a star fund manager exits News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53702/how-to-counsel-clients-when-a-star-fund-manager-exits Jimmy Patel, MD & CEO, Quantum Mutual Fund, on what advisers need to do when a fund manager exits. Comment, Analysis & Research Dubai-based PE firm Fajr Capital exits Brunei bank News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53725/dubai-based-pe-firm-fajr-capital-exits-brunei-bank Its shareholders include the investment agencies of the governments of Abu Dhabi, Brunei and Malaysia. Retail Banking HK’S First Bank Offers 6% Rate that Dwarfs HSBC’S News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53629/hkamprsquos-first-bank-offers-6-rate-that-dwarfs-hsbcamprsquos Though many doubt the new banks well be able to maintain such rates, the offer is a warning of upcoming competition for the city’s $410 billion local currency time-deposit business. Retail Banking Hong Kong's first digital bank heralds arrival with 6% interest rate News Aggregation Team Sunday, January 12, 2020 12:00 am http://apbankers.net/article/53617/hong-kongamp039s-first-digital-bank-heralds-arrival-with-6-interest-rate ZA Bank's offer is over 3 percentage points more than banks such as HSBC and Standard Chartered as competition heats up Retail Banking Japan's Aozora Bank to buy into Vietnamese lender News Aggregation Team Thursday, January 09, 2020 12:00 am http://apbankers.net/article/53555/japanamp039s-aozora-bank-to-buy-into-vietnamese-lender They will work together on digital banking and investment banking services, as well as on providing support for Japanese companies seeking to expand into Vietnam. Retail Banking RCBC takes digital banking to the next level News Aggregation Team Thursday, January 09, 2020 12:00 am http://apbankers.net/article/53558/rcbc-takes-digital-banking-to-the-next-level It now allows in-app enrollment with newly improved security features such as biometrics log-in, one-time password verification, and device registration where account can only be accessed on registered devices. Retail Banking CBA donates $1m to bushfire recovery and provides update on other support News Team Monday, January 06, 2020 12:00 am http://apbankers.net/article/53500/cba-donates-1m-to-bushfire-recovery-and-provides-update-on-other-support The package includes loan restructuring and waiving of selected fees and charges. Retail Banking Australia's ANZ overcharges 3.4 million customers News Aggregation Team Thursday, January 02, 2020 12:00 am http://apbankers.net/article/53442/australiaamp039s-anz-overcharges-34-million-customers The bank's chairman David Gonski said ANZ will see "an additional charge of A$682m for remediation work". Retail Banking Nomura CEO says open to tie-up with megabank News Aggregation Team Tuesday, December 31, 2019 12:00 am http://apbankers.net/article/53419/nomura-ceo-says-open-to-tie-up-with-megabank Regional lenders can strengthen their products and know-how if they collaborate with Nomura, while the brokerage group can expand its customer base through such an initiative, Nagai said. Retail Banking Machhapuchchhre Bank signs loan agreement Mashreq Bank, Dubai News Aggregation Team Monday, December 30, 2019 12:00 am http://apbankers.net/article/53401/machhapuchchhre-bank-signs-loan-agreement-mashreq-bank-dubai MBL, which has 145 branches across the country, decided to sign the loan agreement to invest in infrastructural projects and other priority sectors, the bank said in a statement. Retail Banking 13 public sector banks in India report profits in HI of fiscal year News Aggregation Team Sunday, December 29, 2019 12:00 am http://apbankers.net/article/53381/13-public-sector-banks-in-india-report-profits-in-hi-of-fiscal-year It said that PSBs have attached assets worth over Rs2.3 lakh crore over the last three financial years. Retail Banking UOB: Muted Growth Outlook Requires Risk-Balanced Income Strategy News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53723/uob-muted-growth-outlook-requires-risk-balanced-income-strategy With downside risks mitigated, UOBAM recommends a neutral allocation to equities and to broadly stay invested in markets amid the continued expansion. Investment Bank DBS China receives bond settlement agent license for China’s Interbank Bond Market News Aggregation Team Tuesday, January 14, 2020 12:00 am http://apbankers.net/article/53675/dbs-china-receives-bond-settlement-agent-license-for-chinaamprsquos-interbank-bond-market Over the years, DBS has actively participated in China’s bond market, giving us in-depth experience in the space. Investment Bank Goldman Sachs readies hiring spree in China News Aggregation Team Monday, January 13, 2020 12:00 am http://apbankers.net/article/53647/goldman-sachs-readies-hiring-spree-in-china Goldman spent last year's latter half honing its expansion plan Investment Bank Bank Rakyat Indonesia Announces Invoice Financing Tie-Up News Aggregation Team Thursday, January 09, 2020 12:00 am http://apbankers.net/article/53572/bank-rakyat-indonesia-announces-invoice-financing-tie-up BRI uses AI and alternative credit checking methods, and can independently analyze funding risks for each potential loan case based on data provided by Investree. Investment Bank Citi's investment arm to hire 2,500 coders News Aggregation Team Wednesday, January 08, 2020 12:00 am http://apbankers.net/article/53548/citiamp039s-investment-arm-to-hire-2500-coders JP Morgan is on track to spend $11bn on technology this year, while Bank of America has said it spends about $10bn on tech. Investment Bank New Mizuho investment fund targets life sciences startups News Aggregation Team Tuesday, January 07, 2020 12:00 am http://apbankers.net/article/53533/new-mizuho-investment-fund-targets-life-sciences-startups It will invest between ¥300 million and ¥500 million for up to 12 years per company in cooperation with medical consultants who have knowledge on life science, according to Mizuho Financial Group. Investment Bank Japan predicted to dominate inbound M&A News Aggregation Team Monday, January 06, 2020 12:00 am http://apbankers.net/article/53484/japan-predicted-to-dominate-inbound-mampampa Top investment bankers at JP Morgan and Deutsche Bank say Japanese raiders will continue to target Australia in 2020 as they look internationally for revenue growth. Investment Bank Citibank Taiwan wins ‘Asset’ magazine awards News Aggregation Team Wednesday, January 01, 2020 12:00 am http://apbankers.net/article/53430/citibank-taiwan-wins-amplsquoassetamprsquo-magazine-awards The outstanding performance of Citi Taiwan is not only in banking, but also in corporate social responsibility, the bank said. Investment Bank Japan's MUFG Bank to book $1.9 billion hit after Indonesian unit's stock plunge News Aggregation Team Monday, December 30, 2019 12:00 am http://apbankers.net/article/53410/japanamp039s-mufg-bank-to-book-19-billion-hit-after-indonesian-unitamp039s-stock-plunge MUFG does not disclose the price level where it would be required to book an extraordinary charge. Investment Bank Nomura Sees Hope in Advisory, Underwriting as Rates Stay Low, Society Ages: Outgoing CEO News Aggregation Team Friday, December 27, 2019 12:00 am http://apbankers.net/article/53367/nomura-sees-hope-in-advisory-underwriting-as-rates-stay-low-society-ages-outgoing-ceo The headwinds from the "megatrends" will stay for another decade, Nagai said, indicating Nomura needs to focus on its primary business that include underwriting and deal advising. Investment Bank Climate crisis tops list of risks for 2020s News Aggregation Team Friday, January 17, 2020 12:00 am http://apbankers.net/article/53729/climate-crisis-tops-list-of-risks-for-2020s "The political landscape is polarized, sea levels are rising and climate fires are burning," he said. ESG Nomura Asset Management Awarded Mandate for ESG-Integrated European Corporate Bond News Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53709/nomura-asset-management-awarded-mandate-for-esg-integrated-european-corporate-bond Fixed income investing incorporating ESG is an advanced initiative in Japan. ESG Financiers Lend Hand in Australian Wildfire Relief News Aggregation Team Thursday, January 16, 2020 12:00 am http://apbankers.net/article/53720/financiers-lend-hand-in-australian-wildfire-relief Jefferies will also collect donations from staff globally and the firm will match both pools of contributions. ESG Pictet promotes an environmental theme News Aggregation Team Wednesday, January 15, 2020 12:00 am http://apbankers.net/article/53687/pictet-promotes-an-environmental-theme The Geneva-based asset manager believes that strong investment returns can be earned without damaging the planet. ESG CBA buys Shane Warne’s baggy green to raise $1 million for bushfire relief News Team Friday, January 10, 2020 12:00 am http://apbankers.net/article/53595/cba-buys-shane-warneamprsquos-baggy-green-to-raise-1-million-for-bushfire-relief Shane Warne made his cherished baggy green cap available for auction earlier this week to raise money for the bushfire appeal. ESG The country will become the first emerging market country to do so News Aggregation Team Wednesday, January 08, 2020 12:00 am http://apbankers.net/article/53541/the-country-will-become-the-first-emerging-market-country-to-do-so BNM said its paper serves as guidance to “facilitate financial institutions in identifying and classifying economic activities that could contribute to climate change objectives”. ESG Analysis: The Sage of Omaha has issues with ESG News Aggregation Team Tuesday, January 07, 2020 12:00 am http://apbankers.net/article/53536/analysis-the-sage-of-omaha-has-issues-with-esg He quotes his experience as a director of 20 publicly-owned companies, saying that “it’s very hard to evaluate what they’re doing” regarding ESG. ESG Singapore charts path on green finance News Aggregation Team Monday, January 06, 2020 12:00 am http://apbankers.net/article/53486/singapore-charts-path-on-green-finance MAS's latest initiative is in line with a global trend of pension funds deploying capital into green projects. ESG Japan's first ESG real estate fund set for launch News Aggregation Team Monday, January 06, 2020 12:00 am http://apbankers.net/article/53499/japanamp039s-first-esg-real-estate-fund-set-for-launch Farm lender Norinchukin picks properties tied to green energy and worker health ESG DBS WM products to include ESG ratings News Aggregation Team Monday, January 06, 2020 12:00 am http://apbankers.net/article/53505/dbs-wm-products-to-include-esg-ratings Wealth clients are increasingly expressing interest in incorporating ESG into their decision-making processes, the bank said. ESG