The Asia Pacific Banking News Network http://apbankers.net/ Sun, 27 May 2018 02:32:58 BST part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png The Asia Pacific Banking News Network KohanaPHP Morgan Stanley Sees China's Tier-2 Cities Driving Wealth Gains News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42735/morgan-stanley-sees-chinaamp039s-tier-2-cities-driving-wealth-gains Sees new demand from rich in China’s second-tier cities Wealth and Asset Management Morgan Stanley sees China’s billionaires fuelling its Asia wealth business News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42740/morgan-stanley-sees-chinaamprsquos-billionaires-fuelling-its-asia-wealth-business In the past, China’s billionaires came mostly from established cities like Beijing, Shanghai and Guangzhou. Wealth and Asset Management Schroders invests in WeInvest News Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42724/schroders-invests-in-weinvest Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed. Wealth and Asset Management Julius Baer Wealth Report update: Shanghai maintains top spot as most expensive city for luxury wine in Asia; Hong Kong most competitive News Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42730/julius-baer-wealth-report-update-shanghai-maintains-top-spot-as-most-expensive-city-for-luxury-wine-in-asia-hong-kong-most-competitive The report also examines the increasing sophistication of the Chinese wine consumers, and explores fine wines as an alternative investment. Wealth and Asset Management UBS Rises to JPMorgan's Top Bank Pick in Wealth Management News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42683/ubs-rises-to-jpmorganamp039s-top-bank-pick-in-wealth-management About 60 percent of UBS’s invested assets come from ultra-high-net-worth individuals. Wealth and Asset Management Offering wealth management into the UK out of Asia after Brexit News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42693/offering-wealth-management-into-the-uk-out-of-asia-after-brexit Brexit will have significant ramifications for the Financial Services Industry in the UK, and will undoubtedly result in a number of regulatory changes for wealth management businesses involved in cross-border sales to the UK. Wealth and Asset Management Julius Baer reveals record AUM and Asia growth plans News Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42697/julius-baer-reveals-record-aum-and-asia-growth-plans Assets under management at record CHF 401 billion – Robust net new money inflows – Gross margin improvement driven by step-up in client activity – Cost/income ratio (2) inside target range Wealth and Asset Management Japan’s rich targeted in offshore joint venture News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42661/japanamprsquos-rich-targeted-in-offshore-joint-venture BOS hopes the memorandum of understanding will raise its profile among Japanese ultra-high and high net worth individuals. Wealth and Asset Management Chinese banks up the ante to lure millionaire clients from overseas private investment houses News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42671/chinese-banks-up-the-ante-to-lure-millionaire-clients-from-overseas-private-investment-houses More than 60 per cent of mainlanders with personable investible assets worth in excess of US$1 million now hold those offshore, and 10 per cent of that by value are handled by foreign banks Wealth and Asset Management From Teslas to rust belts: China’s yawning wealth gap News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42648/from-teslas-to-rust-belts-chinaamprsquos-yawning-wealth-gap China’s rich-poor divide has narrowed by about half by some measures but there’s still a big difference between life in a top-tier city and the hinterland Wealth and Asset Management NZ Super Fund on track to hire new CEO in June as board lobbies to keep control of pay News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42734/nz-super-fund-on-track-to-hire-new-ceo-in-june-as-board-lobbies-to-keep-control-of-pay Guardians chair Catherine Savage appeared before Parliament's governance and administration select committee yesterday, urging politicians not to include the fund manager in the act. Executive Moves HSBC headhunts equities experts News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42736/hsbc-headhunts-equities-experts The hires are part of a restructuring of HSBC's global equities operation since Hossein Zaimi was appointed to run the business early last year. Executive Moves Boutique asset manager expands investment team News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42741/boutique-asset-manager-expands-investment-team Just last month Ralton appointed a new portfolio manager from Rest. Executive Moves AustralianSuper recruiting new property lead News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42743/australiansuper-recruiting-new-property-lead The head of property at Australia's largest superannuation fund has departed. Executive Moves AMP appoints group general counsel News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42745/amp-appoints-group-general-counsel Salter departed at the height of AMP's recent appearances at the financial services Royal Commission and when its financial advice division faced much scrutiny. Executive Moves Carlyle hires two to lead investments in Indonesia News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42712/carlyle-hires-two-to-lead-investments-in-indonesia With the additions of Robby and Long, Carlyle’s Southeast Asian team will now consist of eight investment professionals, focusing principally on small and large market opportunities in Indonesia, Vietnam, and the Philippines Executive Moves ANZ dealer group chief departs News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42716/anz-dealer-group-chief-departs Brown replaces Paul Harding-Davis who left in February to become chief executive of Premium China Funds Management. Executive Moves Former Janus exec to lead APAC distribution for US hedge fund News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42718/former-janus-exec-to-lead-apac-distribution-for-us-hedge-fund At Janus, Landau established the company's Melbourne office. He left after the merger that created Janus Henderson. Before this role, he was a senior manager at Bank of Ireland Asset Management and an investment manager at Victorian Funds Management Executive Moves Former IBM A/NZ boss gets new data digs News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42719/former-ibm-anz-boss-gets-new-data-digs Stevens headed up IBM’s business in Australia and New Zealand from 2011 to 2014 Executive Moves UBS Appoints Joint Heads for Greater China Business News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42722/ubs-appoints-joint-heads-for-greater-china-business UBS has had a presence in China since 1989 and its investment bank is considered a market leader. Executive Moves Westpac's decision to fight ASIC pays off News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42737/westpacamp039s-decision-to-fight-asic-pays-off One suspects, however, that Lindsay Maxsted and Brian Hartzer have the most reasons to feel relieved. Legal, Regulation & Compliance Singapore bourse presses on with India derivatives launch despite lawsuit News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42706/singapore-bourse-presses-on-with-india-derivatives-launch-despite-lawsuit According to SGX, it has "full confidence" in its legal position and will "vigorously defend this action" Legal, Regulation & Compliance Malaysia’s new finance minister says 1MDB wealth fund president is ‘utterly dishonest’ News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42710/malaysiaamprsquos-new-finance-minister-says-1mdb-wealth-fund-president-is-amplsquoutterly-dishonestamprsquo Malaysia’s Finance Minister Lim Guan Eng met with people involved in the scandal-plagued fund and said its directors had confirmed that 1MDB was insolvent and “unable to repay its debts Legal, Regulation & Compliance Ant Financial partners with China Everbright Bank and Everbright Technology News Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42717/ant-financial-partners-with-china-everbright-bank-and-everbright-technology On May 18, 2018, Huabei, Ant Financial's consumer finance service, announced it would partner with various financial institutions, including banks Legal, Regulation & Compliance Could 50% of advisers exit industry? News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42729/could-50-of-advisers-exit-industry The Adviser Ratings research pointed to almost 7,000 advisers having left the industry since 2015, with the future attrition rate expected to increase and described IOOF and AMP as being the majors most at risk from adviser churn motivated by FASEA. Legal, Regulation & Compliance 'I was sent a bullet' probing 1MDB, says Malaysian anti-graft chief News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42677/amp039i-was-sent-a-bulletamp039-probing-1mdb-says-malaysian-anti-graft-chief Shukri told a news conference he had called Najib into the agency to record a statement, not to arrest or charge him. Legal, Regulation & Compliance HSBC case: ED seizes Rs 21 crore assets of Dabur director News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42681/hsbc-case-ed-seizes-rs-21-crore-assets-of-dabur-director The assets have been seized in lieu of those held abroad by Dabur group director Pradip Burman, ED has said. Legal, Regulation & Compliance Pakistan hires UAE banks to raise $200m loan News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42714/pakistan-hires-uae-banks-to-raise-200m-loan Pakistan needs to raise funds to offset a drop in international reserves Legal, Regulation & Compliance China central bank aims to improve information disclosure and transparency News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42721/china-central-bank-aims-to-improve-information-disclosure-and-transparency “We will continuously improve the central bank’s credibility and transparency,” the PBOC said in a notice published on its website. Legal, Regulation & Compliance Malaysia sets up task force to probe 1MDB scandal News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42649/malaysia-sets-up-task-force-to-probe-1mdb-scandal The special task force will be charged with seizing back assets and pursuing legal action against those suspected of breaking the law in relation to the fund Legal, Regulation & Compliance Australia’s First Retail Crypto Asset Hedge Fund Will Launch This Year News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42738/australiaamprsquos-first-retail-crypto-asset-hedge-fund-will-launch-this-year There is a lack of competition among exchanges, although the recently launched CoinJar Exchange might make positive things happen in the near future. FinTech Bangkok Bank joins R3's Marco Polo consortium News Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42726/bangkok-bank-joins-r3amp039s-marco-polo-consortium Through effective use of technology, we can simplify complex processes and support faster and more secure transactions which in turn will help to encourage the use of digital channels. FinTech Julius Baer goes live with Temenos WealthSuite in Asia News Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42727/julius-baer-goes-live-with-temenos-wealthsuite-in-asia The bank focuses on providing high-end services and in-depth advice to clients around the world. FinTech Asia’s Tech Sector A New Magnet For Investors News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42732/asiaamprsquos-tech-sector-a-new-magnet-for-investors Moves like this demonstrate just how big investors think the prize is. FinTech Japanese Bank To Be First In Major Cryptocurrency Rollout News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42679/japanese-bank-to-be-first-in-major-cryptocurrency-rollout Some reports are also suggesting that the roll out of the MUFG coin will be followed by the production of cash machines, that will also work with a mobile phone app, designed to streamline the exchange system. FinTech Japan’s Tokyo-based Bank Mitsubishi UJF Testing an In-House Digital Currency ‘MUJF Coin’ News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42684/japanamprsquos-tokyo-based-bank-mitsubishi-ujf-testing-an-in-house-digital-currency-amplsquomujf-coinamprsquo MUFG Coins is an inevitability would “overcome issues of [existing] virtual currencies” like volatility “[to] create a highly useful currency” said bank president Nobuyuki Hirano. FinTech Singapore to adopt European e-invoicing standard News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42688/singapore-to-adopt-european-e-invoicing-standard The city-state is the first country outside Europe to embrace the Peppol e-invoicing standard to speed up business transactions and lower operating costs for SMEs FinTech Major Banks Pilot Successful Thailand-Singapore Blockchain Remittance News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42702/major-banks-pilot-successful-thailand-singapore-blockchain-remittance The endeavor involved major Japanese multinational Mitsubishi Corporation, independent group company and Japan’s largest bank MUFG – which operates independently, and Singapore-based banking giant Standard Chartered. FinTech China Finance Online Reports 2018 First Quarter Unaudited Financial Results News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42711/china-finance-online-reports-2018-first-quarter-unaudited-financial-results Mr. Zhiwei Zhao, Chairman and CEO of China Finance Online, commented, “As we continued to ramp up our cloud-based software sales, our bottom line losses narrowed. After four quarters of streamlining our business units, our efficiency reached a new r FinTech Singapore's Largest ICO Advisory Centre Launches Most Ambitious ICO Consortium in the WorldS News Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42674/singaporeamp039s-largest-ico-advisory-centre-launches-most-ambitious-ico-consortium-in-the-worlds The oversubscribed event drew investors from around the region, many of whom already hold substantial traditional investment portfolios FinTech 3 shares to profit from the growing Asian middle class News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42742/3-shares-to-profit-from-the-growing-asian-middle-class Blackmores continues to expand into more Asian countries with more products. Alternative Investments Former Macquarie equities team launches boutique News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42744/former-macquarie-equities-team-launches-boutique The newly-launched boutique is currently running two funds: a high conviction fund with a concentrated portfolio of about 25 Australian equities and a market neutral absolute return fund. Alternative Investments Tokyo lures in overseas hedge funds and fintech News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42707/tokyo-lures-in-overseas-hedge-funds-and-fintech Gov. Koike's 'global financial center' policies kicking in Alternative Investments Japan Post Bank targets more alternative investments to boost revenues News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42708/japan-post-bank-targets-more-alternative-investments-to-boost-revenues Under the plan, JPB aims to expand exposure to “strategic investment areas”, including hedge funds, real estate funds, and private equity, from 1.6 trillion yen, or 2% of total risk assets, to as much as 8.5 trillion yen or 9.7% in three years Alternative Investments Mochtar Riady Reflects on Japanese Values in Lippo's Success News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42678/mochtar-riady-reflects-on-japanese-values-in-lippoamp039s-success This was in contrast to his parallel experience of opening a similar plant with a non-Japanese Asian company. Alternative Investments Mitsui Sumitomo to buy 40% of Chinese life insurer News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42686/mitsui-sumitomo-to-buy-40-of-chinese-life-insurer Japanese company takes another stab as sector opens up to foreigners Alternative Investments Netwealth affirms value of financial literacy News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42691/netwealth-affirms-value-of-financial-literacy The program teaches children from year 1 through to high school, starting out by covering income, savings and interest before moving on in later years to look at mortgages, rent, tax and insurance excess. Alternative Investments World Insurance Report 2018 News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42672/world-insurance-report-2018 The report suggests a framework for a digitally-integrated ecosystem that will help insurers become future-ready. ‘ Alternative Investments MLC Life puts insurance tenders on ice following superannuation changes News Aggregation Team Monday, May 21, 2018 1:00 am http://apbankers.net/article/42622/mlc-life-puts-insurance-tenders-on-ice-following-superannuation-changes Mr Hackett said the life insurer, which is part-owned by National Australia Bank, would forge ahead with plans to become a bigger player in providing life insurance to superannuation funds Alternative Investments Temasek to pick up 4.8% in AU Small Finance Bank News Aggregation Team Monday, May 21, 2018 1:00 am http://apbankers.net/article/42628/temasek-to-pick-up-48-in-au-small-finance-bank This marks the third India-related deal for Temasek this month alone. Alternative Investments Brazil signs key tax agreements with Singapore and Switzerland News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42720/brazil-signs-key-tax-agreements-with-singapore-and-switzerland These actions improved the conditions for bilateral investment into Brazil while the grey-listing counter-measure aimed to create an equilibrium between the countries’ tax regimes. Tax China tax deferral for private pension “very significant”, CSIA head says News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42687/china-tax-deferral-for-private-pension-ampldquovery-significantamprdquo-csia-head-says CSIA is an official insurance research group under China’s Banking and Insurance Regulatory Commission. Tax Tax agency cracks down on illegal wealth transfers News Aggregation Team Wednesday, May 16, 2018 1:00 am http://apbankers.net/article/42557/tax-agency-cracks-down-on-illegal-wealth-transfers Last year, the tax agency collected 2.81 trillion won (US$2.6 billion) in additional taxes from such illegal wealth transfer. Tax Government targets tax evaders News Aggregation Team Thursday, May 03, 2018 1:00 am http://apbankers.net/article/42305/government-targets-tax-evaders She said while the ATO found the majority of Australians complied with their tax obligations Tax Tax Office targets $900m linked to 106 secret Credit Suisse accounts News Aggregation Team Wednesday, May 02, 2018 1:00 am http://apbankers.net/article/42285/tax-office-targets-900m-linked-to-106-secret-credit-suisse-accounts A separate criminal investigation has been referred to the cross-agency Serious Financial Crime Taskforce. Tax Get on board the Philippine’s TRAIN News Aggregation Team Wednesday, May 02, 2018 1:00 am http://apbankers.net/article/42287/get-on-board-the-philippineamprsquos-train Philippine’s TRAIN introduced amendments to personal income taxation, transfer taxes, taxation of sale of shares of stocks, and documentary stamp tax. Tax Banks shouldn't face tax cut ban: govt News Aggregation Team Monday, April 23, 2018 1:00 am http://apbankers.net/article/42106/banks-shouldnamp039t-face-tax-cut-ban-govt Revenue and Financial Services Minister Kelly O'Dwyer does not agree with an independent senator that the banks should be barred from a company tax cut. Tax SoftBank fixes tax filings for unreported earnings News Aggregation Team Wednesday, April 18, 2018 1:00 am http://apbankers.net/article/42050/softbank-fixes-tax-filings-for-unreported-earnings The amendments come amid increased scrutiny of the use of tax havens by technology giants such as Google Inc., Apple Inc. and Amazon.com Inc. Tax New ITR forms make it difficult to evade tax on HRA: Here's why News Aggregation Team Thursday, April 12, 2018 1:00 am http://apbankers.net/article/41954/new-itr-forms-make-it-difficult-to-evade-tax-on-hra-hereamp039s-why The Government's focus on e-assessments is another endeavour to use information technology to effectively assess tax returns and plug tax avoidance. Tax Revisiting Panama: Pakistan’s tryst with tax havens News Aggregation Team Wednesday, April 11, 2018 1:00 am http://apbankers.net/article/41958/revisiting-panama-pakistanamprsquos-tryst-with-tax-havens This colossal data leak, the first of its kind, was analysed for a year and compiled into what is now known as the Panama Papers. Tax All Work and no Play in Asia's Wealth Hubs News Aggregation Team Friday, May 25, 2018 1:00 am http://apbankers.net/article/42739/all-work-and-no-play-in-asiaamp039s-wealth-hubs At the other end of the scale, in the seventh edition of the annual survey of global prices and living standards, it may come as no surprise that quality of life is perceived to be much tougher in China. Comment, Analysis & Research Asia’s appetite for passive funds now eclipses US, Europe, report says News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42709/asiaamprsquos-appetite-for-passive-funds-now-eclipses-us-europe-report-says Passive funds track a market index, such as the S&P 500, but may also track a particular sector or part of the market. Comment, Analysis & Research UBS Topples Credit Suisse as Asia’s Top Sales Firm News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42713/ubs-topples-credit-suisse-as-asiaamprsquos-top-sales-firm Morgan Stanley and Citi remained at third and fourth, respectively, as voted on by participants in the 2018 All-Asia Research Team survey. Comment, Analysis & Research 2018 AFR Rich List: Anthony Pratt is Australia's wealthiest person News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42715/2018-afr-rich-list-anthony-pratt-is-australiaamp039s-wealthiest-person Many of his plants are in the US manufacturing heartland in the country's midwest Comment, Analysis & Research Funds Absorb Record $1.6 Trillion Net Inflow Worldwide in 2017 News Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42725/funds-absorb-record-16-trillion-net-inflow-worldwide-in-2017 More than 200 managers worldwide each generated at least $1 billion of flows into their active funds last year, but 100 firms suffered over $1 billion of net redemptions. Comment, Analysis & Research Half of Hong Kong’s private wealth risking court battles News Aggregation Team Thursday, May 24, 2018 1:00 am http://apbankers.net/article/42731/half-of-hong-kongamprsquos-private-wealth-risking-court-battles Swathes of Asia’s greatest family fortunes held in alternative assets like fine art or watches are being overlooked by financial planners, according to an experienced trustee. Comment, Analysis & Research Singapore's shared offices aim to stand out as numbers grow News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42680/singaporeamp039s-shared-offices-aim-to-stand-out-as-numbers-grow Demand is holding for now but some foresee a shakeout Comment, Analysis & Research Asian investors expect AI to be mainstream in financial services News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42682/asian-investors-expect-ai-to-be-mainstream-in-financial-services Robotics and automation has been touted to generate $20 billion in savings across the securities services industry. Comment, Analysis & Research Barclays, Join the List of Jilted StanChart Suitors News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42698/barclays-join-the-list-of-jilted-stanchart-suitors A sexy PowerPoint proposal isn’t enough to win this bride. Comment, Analysis & Research How Much Would You Pay for a Bottle of Whisky? News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42660/how-much-would-you-pay-for-a-bottle-of-whisky A new record for a bottle of whisky sold at auction, Advizr launches its Workplace product and Janney adds at $2 billion team from Nashville. Comment, Analysis & Research Woori Bank to become holding firm by 2019 News Aggregation Team Sunday, May 20, 2018 1:00 am http://apbankers.net/article/42615/woori-bank-to-become-holding-firm-by-2019 "Once converted to a holding firm structure, Woori Bank will be able to invest a wide range of profitable businesses, including securities, asset management and real estate trust, which could raise the company's value," the lender said. Retail Banking 2 Japan banks tie up with RCBC to assist small business News Aggregation Team Thursday, May 17, 2018 1:00 am http://apbankers.net/article/42566/2-japan-banks-tie-up-with-rcbc-to-assist-small-business Osaka-based Kansai Urban Banking Corp. and Kobe-based Minato Bank signed a business alliance agreement with Rizal Commercial Banking Corp., the financial group said. Retail Banking The best of the best: RBI 2018 Global Awards winners revealed News Aggregation Team Wednesday, May 16, 2018 1:00 am http://apbankers.net/article/42538/the-best-of-the-best-rbi-2018-global-awards-winners-revealed It was a good night for Emirates NBD with three awards and for Royal Bank of Canada with two wins. Retail Banking Thailand's oldest lender's mantra: Go digital News Aggregation Team Friday, May 11, 2018 1:00 am http://apbankers.net/article/42457/thailandamp039s-oldest-lenderamp039s-mantra-go-digital Siam Commercial Bank braces for competition against China's Alipay and WeChat Pay Retail Banking OCBC's Q1 net profit rises 29% News Aggregation Team Monday, May 07, 2018 1:00 am http://apbankers.net/article/42349/ocbcamp039s-q1-net-profit-rises-29 OCBC's net profit came in at S$1.11 billion in the three months ended March 31 versus S$861 million reported a year ago Retail Banking Japan’s bloated retail banks need to downsize News Aggregation Team Friday, May 04, 2018 1:00 am http://apbankers.net/article/42322/japanamprsquos-bloated-retail-banks-need-to-downsize oo many branches, with too many staff, are weighing on profitability Retail Banking Double-digit profit rise for UOB as loans, margins expand News Aggregation Team Thursday, May 03, 2018 1:00 am http://apbankers.net/article/42318/double-digit-profit-rise-for-uob-as-loans-margins-expand Domestic banks benefiting from higher interest rates, recovering economy Retail Banking AmBank committed to driving business forward News Aggregation Team Sunday, April 29, 2018 1:00 am http://apbankers.net/article/42224/ambank-committed-to-driving-business-forward Last year, it divested its 20% interest in Shanghai Rural Commercial Bank and its life insurance business. Retail Banking CIMB To Achieve 6 Pct Loan Growth For FY18 News Aggregation Team Friday, April 27, 2018 1:00 am http://apbankers.net/article/42197/cimb-to-achieve-6-pct-loan-growth-for-fy18 According to Group Chairman Datuk Seri Nazir Razak, the growth would be driven by all its business segments, particularly from consumer banking and wholesale on the corporate side. Retail Banking Techcombank highlights booming Vietnam IPO market News Aggregation Team Wednesday, April 25, 2018 1:00 am http://apbankers.net/article/42148/techcombank-highlights-booming-vietnam-ipo-market Record might soon be overhauled; deal shows notable European and American interest. Retail Banking Banking royal commission: ‘No excuse for failures’ as NAB turns focus to customer News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42685/banking-royal-commission-amplsquono-excuse-for-failuresamprsquo-as-nab-turns-focus-to-customer The royal commission held its second day of hearings yesterday into the treatment by banks of small business operators, focusing on problems that hit operators of pool, ice-cream and pie franchises. Investment Bank Malaysia’s Maybank Asset Management completes fund manager buys, gets new CEO News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42700/malaysiaamprsquos-maybank-asset-management-completes-fund-manager-buys-gets-new-ceo The company acquired AMB for 16.12 million ringgit and SUTL for 34.88 million ringgit from Permodalan Nasional, Malaysia’s largest fund manager. Investment Bank SMBC is the first Japanese bank to rethink coal financing policy News Aggregation Team Wednesday, May 23, 2018 1:00 am http://apbankers.net/article/42701/smbc-is-the-first-japanese-bank-to-rethink-coal-financing-policy SMBC is among the lenders on the financing for the Nghi Son 2 coal-fired plant in Vietnam, which closed in April. Investment Bank Nomura Publishes Nomura Japan Equity TOP400 Ex-Financials Index News Aggregation Team Tuesday, May 22, 2018 1:00 am http://apbankers.net/article/42670/nomura-publishes-nomura-japan-equity-top400-ex-financials-index The index is released by Nomura, where the Quantitative Research Dept. is in charge of the development and the Index Operations Dept. is in charge of the calculation. Investment Bank CIMB Group bags industrial excellence recognition awards News Aggregation Team Monday, May 21, 2018 1:00 am http://apbankers.net/article/42623/cimb-group-bags-industrial-excellence-recognition-awards CIMB Bank won the awards for Best in Treasury and Working Capital Investment Bank Korea struggling to nurture investment banks News Aggregation Team Monday, May 21, 2018 1:00 am http://apbankers.net/article/42646/korea-struggling-to-nurture-investment-banks "The FSS is reviewing documents filed by NH Securities that are awaiting business approval. But what I can tell you is the FSS has seen much progress," FSS Governor Yoon. Investment Bank Japan Post Bank to increase PE investments to over $18b by 2021 News Aggregation Team Monday, May 21, 2018 1:00 am http://apbankers.net/article/42665/japan-post-bank-to-increase-pe-investments-to-over-18b-by-2021 According to its Medium-Term Management Plan, the bank said it aims to acquire private equity investment opportunities through a joint investment company. Investment Bank ANZ offloads stake in Cambodian bank News Aggregation Team Friday, May 18, 2018 1:00 am http://apbankers.net/article/42595/anz-offloads-stake-in-cambodian-bank ANZ says the sale of a 55 per cent stake in ANZ Royal Bank to Japanese financial house J Trust will equate to a $30 million loss. Investment Bank Japan Post Bank plans $1.5bn in-house hedge fund News Aggregation Team Thursday, May 17, 2018 1:00 am http://apbankers.net/article/42565/japan-post-bank-plans-15bn-in-house-hedge-fund Long-time passive investor is embracing risk in quest for greater returns Investment Bank Nomura, Ledger and Global Advisors Partner to Explore Building a Secure Digital Asset Custody Solution News Team Wednesday, May 16, 2018 1:00 am http://apbankers.net/article/42525/nomura-ledger-and-global-advisors-partner-to-explore-building-a-secure-digital-asset-custody-solution The custody offering will address challenges faced by investors entering the sector. Investment Bank