Managers of Wealth - Asia http://apbankers.net/ Tue, 10 Dec 2019 02:14:42 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Asia: a world of opportunity News Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53045/asia-a-world-of-opportunity ‘For many of our clients, ‘opportunity’ really is the word of the moment,’ says Wendy Sim, Managing Director ZEDRA Singapore. Wealth and Asset Management AAM Advisory: Diversifying its Proposition and Building the Client Base News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53047/aam-advisory-diversifying-its-proposition-and-building-the-client-base The website details how the firm has grown significantly in the past decade, helping more than 5,000 clients across 80 nationalities. Wealth and Asset Management The APAC Balancing Act News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53005/the-apac-balancing-act For many businesses, staying true to the principles, strategies and decision making that fuelled early growth seems a sensible route to success. Wealth and Asset Management Citi Private Bank Issues Outlook 2020: Global Growth Can Endure Over the Coming Year News Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53009/citi-private-bank-issues-outlook-2020-global-growth-can-endure-over-the-coming-year Citi Private Bank releases its investment themes for 2020 Wealth and Asset Management UBS to double number of investment bankers in China News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52987/ubs-to-double-number-of-investment-bankers-in-china The growth is likely to require a substantial increase in headcount. Wealth and Asset Management Axis Bank launches private banking platform ‘Burgundy Private’ News Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52994/axis-bank-launches-private-banking-platform-amplsquoburgundy-privateamprsquo With the Burgundy Private platform, we plan to tap this huge opportunity and gap in the market, with one of its kind -niche, customized solutions, specifically meant for people who have finite time, but infinite needs Wealth and Asset Management Hong Kong affects back end of Australian wealth management News Aggregation Team Wednesday, December 04, 2019 12:00 am http://apbankers.net/article/52963/hong-kong-affects-back-end-of-australian-wealth-management Of imminent concern is the cyber integrity of the financial infrastructure upon which almost every Australian-domiciled investor relies. Wealth and Asset Management MyState rebrands wealth business News Aggregation Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52929/mystate-rebrands-wealth-business The firm said in the announcement made to the Australian Stock Exchange (ASX) that the rebrand was a part of its transformation of its wealth business and, as a result, it would give TPT national distribution capabilities along with new digital products a Wealth and Asset Management Axis Bank launches wealth management offering for the ultra-rich News Aggregation Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52943/axis-bank-launches-wealth-management-offering-for-the-ultra-rich The new product is targeted at those who can deliver a "relationship value" of over Rs 5 crore, as against the earlier Rs 30 lakh under the five-year-old old product. Wealth and Asset Management Don’t Chase the Market at This Stage, Says StanChart Private Bank’s Brice News Aggregation Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52945/donamprsquot-chase-the-market-at-this-stage-says-stanchart-private-bankamprsquos-brice He speaks on “Bloomberg Markets: China Open. Wealth and Asset Management Sunsuper head of corporate, insto sales departs News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53038/sunsuper-head-of-corporate-insto-sales-departs She moves in to the role as incumbent Matt Lippiatt starts in the newly-created role of adviser experience, where he will be responsible for developing the end-to-end adviser experience. Executive Moves New hires, mandates at Link News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53039/new-hires-mandates-at-link He was also head of investment operations at Colonial First State for eight years. Executive Moves Frontier veteran joins Perpetual News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53040/frontier-veteran-joins-perpetual The appointment adds another notch to Trafford Walker's belt, already serving as a non-executive director at Victorian Funds Management Corporation, Prospa Group, and Link Administration Holdings. Executive Moves Deloitte hires from OneVue News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53041/deloitte-hires-from-onevue Deloitte director of corporate affairs and communications, Louise Denver, said Gomes brings significant business acumen and technical expertise in managing complex superannuation funds to the role. Executive Moves Nomura picks operations chief as new CEO News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53049/nomura-picks-operations-chief-as-new-ceo With years of experience in investment banking, Okuda, 56, has also worked overseas, including as head of Nomura's US arm. Executive Moves HSBC reshapes senior team ahead of next CEO's arrival News Aggregation Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53026/hsbc-reshapes-senior-team-ahead-of-next-ceoamp039s-arrival The departure of Moses would mark the most senior exit from the business since the ouster in August of former chief executive officer John Flint. Executive Moves Mercer hires from industry fund News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52990/mercer-hires-from-industry-fund She joins Mercer from UniSuper where she has been chief risk officer for almost three years. Executive Moves Global firm appoints Australia chief News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52992/global-firm-appoints-australia-chief He will also focus on advancing the firm's algorithmic trading capabilities. Executive Moves Schroder Japan Growth Fund Hires Pacific Horizon Chair To Board News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52997/schroder-japan-growth-fund-hires-pacific-horizon-chair-to-board Shares in Schroder Japan Growth Fund were down 0.7% at 196.62 pence on Thursday in London. Executive Moves VP Bank Singapore Hires Julius Baer Pair News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52999/vp-bank-singapore-hires-julius-baer-pair He brings more than three decades of wealth management experience to his new role. Executive Moves 'It's still potent': Fidelity’s Anthony Doyle on why RBA QE will be avoided News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53032/amp039itamp039s-still-potentamp039-fidelityamprsquos-anthony-doyle-on-why-rba-qe-will-be-avoided Mr Doyle doesn’t expect cautious behaviour will be sustained over the longer-term Legal, Regulation & Compliance ASIC updates responsible lending guidance News Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53050/asic-updates-responsible-lending-guidance Following an extensive consultation, ASIC has updated Regulatory Guide 209 Legal, Regulation & Compliance Ten key regulatory challenges of 2020 News Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53031/ten-key-regulatory-challenges-of-2020 Financial services risk across business imperatives Legal, Regulation & Compliance Dynamic Business: ANZ on building a back up bank News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53004/dynamic-business-anz-on-building-a-back-up-bank All of those architects and engineers are Wellington and Auckland locals, and they're very familiar with massively complex, high-pressure projects like this. Legal, Regulation & Compliance AMP cuts ongoing advice agreements News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53010/amp-cuts-ongoing-advice-agreements At the start of the new AMP annual agreements, clients and advisers will explicitly agree on fee arrangements and the specific services to be provided. Legal, Regulation & Compliance ACCC immunity deal questioned by court News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53012/accc-immunity-deal-questioned-by-court Presiding magistrate Jennifer Giles labelled the prosecution's case as "completely opaque" in terms of the timeline of events and how Galvin was granted immunity. Legal, Regulation & Compliance Japan firms back tighter foreign ownership reporting rules: poll News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53015/japan-firms-back-tighter-foreign-ownership-reporting-rules-poll The move, reflecting concern that China could gain access to key technology and confidential information Legal, Regulation & Compliance Q3 2019 Cryptocurrency Anti-Money Laundering Report News Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53020/q3-2019-cryptocurrency-anti-money-laundering-report It will no doubt have implications as regulators seek to have KYC information shared globally. Legal, Regulation & Compliance ADB, ACAMS partnering to boost anti-money-laundering and KYC capacities News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53024/adb-acams-partnering-to-boost-anti-money-laundering-and-kyc-capacities The partnership with ACAMS demonstrates ADB’s broader capacity building objective of providing banking institutions with more knowledge to support small and medium-sized enterprises towards economic growth and job creation. Read more: ADB, ACAMS Legal, Regulation & Compliance 1MDB: Court Rejects BSI Private Bank Sanction News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52979/1mdb-court-rejects-bsi-private-bank-sanction The Swiss banking regulator’s handling of the 1MDB case had come under the scrutiny of the courts after BSI complained about the sanction in 2016. Legal, Regulation & Compliance Switzerland based Fintech Incubator and Accelerator F10 Sets Up Shop in Singapore News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53048/switzerland-based-fintech-incubator-and-accelerator-f10-sets-up-shop-in-singapore F10 seeks to support pre-seed and seed-stage Fintech, Regtech and Insurtech Startups to stimulate worldwide collaboration. FinTech Ex-Morgan Stanley Executives Launch Crypto Derivatives Platform in Singapore News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53003/ex-morgan-stanley-executives-launch-crypto-derivatives-platform-in-singapore Phemex’s architecture can reduce latency so as to deliver an order entry and response time of less than one millisecond while maintaining stable APIs for algorithmic trading, according to Tao. FinTech Intellect ships RM Office 2020 for wealth managers News Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53007/intellect-ships-rm-office-2020-for-wealth-managers Intellect applied Design Thinking to solve its complex problem and completed holistic 6 dimensional needs to empower RM. FinTech Thai digital bank launches biometric tech News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53017/thai-digital-bank-launches-biometric-tech In an effort to simplify and secure account opening, access and operations, the bank has deployed fingerprint and facial biometrics. FinTech Japan’s MUFG Bank Says It Currently Has No Plans Of Creating a New Digital Currency News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52978/japanamprsquos-mufg-bank-says-it-currently-has-no-plans-of-creating-a-new-digital-currency This is not the first time MUFG has been linked to digital currencies. FinTech Ripple is increasing its reach in the Asian market News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52983/ripple-is-increasing-its-reach-in-the-asian-market They claim not to have created the asset or have no centralized control of it, something that is much questioned and debated within the cryptomarket. FinTech Bahrain's Rsquare Technologies Signs MoU with Singapore's Startup Accelerator News Aggregation Team Wednesday, December 04, 2019 12:00 am http://apbankers.net/article/52972/bahrainamp039s-rsquare-technologies-signs-mou-with-singaporeamp039s-startup-accelerator The agreement builds upon strong 30-year diplomatic ties between Bahrain and Singapore FinTech Ping An's fintech halo is losing its glow News Aggregation Team Wednesday, December 04, 2019 12:00 am http://apbankers.net/article/52977/ping-anamp039s-fintech-halo-is-losing-its-glow OneConnect reported a nearly US$150 million net loss in the first nine months of 2019 FinTech India has highest concentration of fintech hubs in Asia News Aggregation Team Wednesday, December 04, 2019 12:00 am http://apbankers.net/article/52985/india-has-highest-concentration-of-fintech-hubs-in-asia Emerging economies outrank developed countries in financial innovation FinTech Two years after Chase acquisition, WePay retains its autonomy News Aggregation Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52934/two-years-after-chase-acquisition-wepay-retains-its-autonomy Aberman characterized the consequences of the acquisition as an expansion of WePay’s mandate rather than a “co-opting” of the technology. FinTech UK-based Apis Partners hits final close of second fund at $550m, exceeds target News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53034/uk-based-apis-partners-hits-final-close-of-second-fund-at-550m-exceeds-target Apis Growth Fund II expects to make equity investments of between $30 million and $50 million into financial services with a focus on capital-light financial services and fintech companies across the growth markets of Africa, South Asia and Southeast Asia Alternative Investments Malaysia fund management industry assets close at record high in October News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53035/malaysia-fund-management-industry-assets-close-at-record-high-in-october The data online dates back to 2016 and shows that the fund management industry’s assets have never before closed above the October 2019 level. Alternative Investments China's Ping An jointly invests US$70 million in Indian auto tech firm News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53036/chinaamp039s-ping-an-jointly-invests-us70-million-in-indian-auto-tech-firm It marks Ping An’s first venture capital investment in Asia’s third largest economy. Alternative Investments BT Super announces new admin fees News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53037/bt-super-announces-new-admin-fees The largest cohort of members to be transferred is scheduled for February 2020. Alternative Investments Canadian pension funds look to tap private debt space in India News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53044/canadian-pension-funds-look-to-tap-private-debt-space-in-india According to Gandhi, CPPIB sees a big opportunity in the lending space, where businesses have a good asset base but are facing issues on the liability side, including stressed assets. Alternative Investments Metro Pacific Hospitals Completes Investment by KKR News Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53051/metro-pacific-hospitals-completes-investment-by-kkr The capital will also be used to grow the Company’s existing subsidiaries, associates, and joint ventures. Alternative Investments Super funds responsibly investing outshine peers: RIAA News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53052/super-funds-responsibly-investing-outshine-peers-riaa Australian superannuation funds engaging in responsible investment are outperforming their rivals over one-, three- and five-year time frames, according to a new report from the Responsible Investment Association Australasia. Alternative Investments Why Chinese capital is venturing into Africa’s fintech future News Aggregation Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53029/why-chinese-capital-is-venturing-into-africaamprsquos-fintech-future The continent needs banking services and some first-movers are aiming to make the most of the growing uptake of mobile phones to plug into the potential Alternative Investments US-based start-up expands in India, Southeast Asia and China News Aggregation Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53030/us-based-start-up-expands-in-india-southeast-asia-and-china The US-based building intelligence solutions provider is opening office in Delhi soon, its fourth office in India. Alternative Investments HK's Raffles Family Office opens in Singapore News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53008/hkamp039s-raffles-family-office-opens-in-singapore Firm serves clients in Greater China and is now targeting Asean market; it aims to grow AUM to at least US$5 billion by next year Alternative Investments 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 Budget 2020: Deloitte urges tax changes in R&D, training News Aggregation Team Wednesday, November 20, 2019 12:00 am http://apbankers.net/article/52679/budget-2020-deloitte-urges-tax-changes-in-rampampd-training Flagging its proposals, firm says moves could help firms plan ahead amid slowing economy Tax Federal contractors to disclose tax haven links News Aggregation Team Wednesday, November 13, 2019 12:00 am http://apbankers.net/article/52565/federal-contractors-to-disclose-tax-haven-links The Commissioner of Taxation would be consulted on which countries are designated as tax havens. Tax Rich Koreans Hand Kids Millions To Shield Against Estate Taxes News Aggregation Team Friday, November 08, 2019 12:00 am http://apbankers.net/article/52475/rich-koreans-hand-kids-millions-to-shield-against-estate-taxes In Korea, where trusts offer few tax advantages and some tycoons are wary of relying on trustees from outside the family, the preference is to gift shares directly. Tax New Zealand: New mandatory online BEPS disclosure forms now required News Team Friday, November 08, 2019 12:00 am http://apbankers.net/article/52499/new-zealand-new-mandatory-online-beps-disclosure-forms-now-required The rules covered by the BEPS disclosures are technically complex and dependent on the facts and circumstances of the particular scenario. Tax Thai banks' outlook upbeat News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53033/thai-banksamp039-outlook-upbeat The sector's forecast remains stable across most of Asia-Pacific, but weakness is detected in China, Japan and India, says Fitch Ratings Comment, Analysis & Research China’s third-richest man set for 18.7b yuan Evergrande windfall News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53042/chinaamprsquos-third-richest-man-set-for-187b-yuan-evergrande-windfall The board proposed a 1.42 yuan per share payout for the year ended Dec 31, according to a statement late Sunday. Comment, Analysis & Research What Hong Kong’s ETF market lacks News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53043/what-hong-kongamprsquos-etf-market-lacks The world’s two largest passive product providers are set up in Hong Kong, but there is no substantial investor education on ETFs. Comment, Analysis & Research Elon Musk is wrong to praise Japanese giant's block on short-selling News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53046/elon-musk-is-wrong-to-praise-japanese-giantamp039s-block-on-short-selling Betting against companies is useful way of highlighting perceived problems Comment, Analysis & Research Clients expect deep RI understanding: Kiwi Wealth News Aggregation Team Monday, December 09, 2019 12:00 am http://apbankers.net/article/53053/clients-expect-deep-ri-understanding-kiwi-wealth A survey by the fund manager found that 89% of people expect their KiwiSaver funds to be invested responsibly. Comment, Analysis & Research Fund Focus: Investing in emerging millennial trends News Aggregation Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53025/fund-focus-investing-in-emerging-millennial-trends Investing in companies working to solve climate change issues, for example, is an emerging trend that millennials can identify with, says Chang. Comment, Analysis & Research FSC head lists 5 reasons why Taiwan is unlikely to replace Hong Kong as financial hub News Aggregation Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53027/fsc-head-lists-5-reasons-why-taiwan-is-unlikely-to-replace-hong-kong-as-financial-hub Financial Supervisory Commission Chairman Koo cites Hong Kong's common law system, low taxes, English fluency among factors contributing to its financial status Comment, Analysis & Research India Inc’s overseas borrowings jump over two-fold to $3.41 bn in October News Aggregation Team Sunday, December 08, 2019 12:00 am http://apbankers.net/article/53028/india-incamprsquos-overseas-borrowings-jump-over-two-fold-to-341-bn-in-october Two companies tapped the approval route with JSW Steel raising USD 400 million, while Shriram Transport Finance borrowed USD 138 million in October this year. Comment, Analysis & Research Taiwan unlikely to replace HK as finance hub: Koo News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53002/taiwan-unlikely-to-replace-hk-as-finance-hub-koo The commission is planning to allow banks to include 16 new products in their wealth management programs to attract wealthy investors, who could park their money in Taiwan, but it still needs to negotiate the matter with the central bank, as eight of the Comment, Analysis & Research Global factors burden Asian banks News Aggregation Team Friday, December 06, 2019 12:00 am http://apbankers.net/article/53006/global-factors-burden-asian-banks Some firms in Australia, New Zealand and Japan more exposed to negative ratings pressure, says Fitch Comment, Analysis & Research Yes Bank investors back its plan to raise as much as $2b News Aggregation Team Monday, December 02, 2019 12:00 am http://apbankers.net/article/52921/yes-bank-investors-back-its-plan-to-raise-as-much-as-2b India’s fourth-largest private-sector lender had said it aimed to raise about $1.2 billion in capital and received offers from bidders including an unidentified North American family office. Retail Banking Westpac Issues Response Plan to Address AML/CTF Failings News Team Tuesday, November 26, 2019 12:00 am http://apbankers.net/article/52818/westpac-issues-response-plan-to-address-amlctf-failings We are determined to urgently fix these issues and lift our standards to ensure our anti-money laundering and other financial crime processes are industry leading. Retail Banking Malaysian Islamic bank MBSB sets up 10 bln ringgit sukuk programme News Aggregation Team Thursday, November 21, 2019 12:00 am http://apbankers.net/article/52718/malaysian-islamic-bank-mbsb-sets-up-10-bln-ringgit-sukuk-programme Malaysia Building Society Berhad acquired Asian Finance Bank and re-branded it to become MBSB Bank in 2018. MBSB obtained its Islamic banking licence in April 2018. Retail Banking New lender looking to establish virtual bank in the Philippines News Aggregation Team Wednesday, November 20, 2019 12:00 am http://apbankers.net/article/52680/new-lender-looking-to-establish-virtual-bank-in-the-philippines Meanwhile, BSP Managing Director for the Financial Technology Subsector Vicente T. de Villa III said that the central bank is reviewing rules on online banking. Retail Banking Bank of China brokers deal to buy €155m Goodbody News Aggregation Team Sunday, November 17, 2019 12:00 am http://apbankers.net/article/52624/bank-of-china-brokers-deal-to-buy-ampeuro155m-goodbody Chinese will take an initial 75% stake in Irish financial services firm Retail Banking Emerging Market Bankers Parse Big Data to Predict Credit Risk News Aggregation Team Sunday, November 17, 2019 12:00 am http://apbankers.net/article/52628/emerging-market-bankers-parse-big-data-to-predict-credit-risk Prepaid mobile customers who lack funds can easily acquire additional talk time and mobile data from their telecom providers on credit. Retail Banking Australia's CBA says wealth management, mortgage broking head to leave News Aggregation Team Thursday, November 14, 2019 12:00 am http://apbankers.net/article/52579/australiaamp039s-cba-says-wealth-management-mortgage-broking-head-to-leave CBA halted preparations to demerge its wealth management and mortgage broking businesses in March, to instead focus on the unfinished work of repaying wronged clients. Retail Banking Singapore's DBS Q3 profit beats view on wealth fees, cautions on outlook News Aggregation Team Tuesday, November 12, 2019 12:00 am http://apbankers.net/article/52539/singaporeamp039s-dbs-q3-profit-beats-view-on-wealth-fees-cautions-on-outlook DBS made a net profit of S$1.63 billion for the quarter, compared with S$1.41 billion a year earlier and an average estimate of S$1.57 billion from five analysts, according to Refinitiv data. Retail Banking Australia's NAB profits plunge in wake of banking royal commission News Aggregation Team Monday, November 11, 2019 12:00 am http://apbankers.net/article/52531/australiaamp039s-nab-profits-plunge-in-wake-of-banking-royal-commission This year has been very challenging, requiring significant actions for us to deal with past issue Retail Banking Viet Capital Commercial Joint Stock Bank to Launch JCB Credit Card in Vietnam News Team Thursday, November 07, 2019 12:00 am http://apbankers.net/article/52458/viet-capital-commercial-joint-stock-bank-to-launch-jcb-credit-card-in-vietnam The holders of Viet Capital Bank JCB Card can access the JCB acceptance network with about 30 million merchants around the world Retail Banking Japan banking: Five approaches to taking on the world News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52981/japan-banking-five-approaches-to-taking-on-the-world The Japanese house has been a player internationally for decades – Euromoney’s first cover story on Nomura’s international strategy was in June 1980 – but it was the acquisition of Lehman Brothers’ businesses during the globa Investment Bank Governance brings an M&A bounty to Japan News Aggregation Team Thursday, December 05, 2019 12:00 am http://apbankers.net/article/52982/governance-brings-an-mampampa-bounty-to-japan They would ask banks to cross-hold their equity so as to have a better relationship, so the banks came to have a big impact on how they were managed. Investment Bank Saxo Bank 2020 Outrageous Predictions News Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52951/saxo-bank-2020-outrageous-predictions With a popular mandate and strong majority in Parliament, Boris Johnson is in stronger position than ever to come back to the negotiating table in Brussels. Investment Bank UBS to double China investment banking business headcount in 3-4 years News Aggregation Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52954/ubs-to-double-china-investment-banking-business-headcount-in-3-4-years The bank’s expansion plans come at a time when China is opening up its financial markets to foreigners Investment Bank Asia Pacific investment banks face increased pressure from global challenges News Aggregation Team Tuesday, December 03, 2019 12:00 am http://apbankers.net/article/52957/asia-pacific-investment-banks-face-increased-pressure-from-global-challenges "The factors are squeezing net interest margins and overall profitability. However, while many banks are likely to report weaker financial results (or less improvement) in 2020 than in 2019, we do not expect significant deterioration. Investment Bank Investment income gain pushes up Maybank's Q3 profit News Aggregation Team Friday, November 29, 2019 12:00 am http://apbankers.net/article/52879/investment-income-gain-pushes-up-maybankamp039s-q3-profit Net profit up about 2% to RM2 billion; revenue up 14.7% to RM13.83 billion Investment Bank BEA Life Launches WiseRetire Deferred Annuity Insurance News Aggregation Team Thursday, November 28, 2019 12:00 am http://apbankers.net/article/52865/bea-life-launches-wiseretire-deferred-annuity-insurance Customers aged between 40 and 75 are eligible to enrol in the plan, with enrolment being guaranteed, and the premium will remain the same throughout the 5-year premium payment period. Investment Bank Standard Chartered Wants to Attract 7,000 Millennials in Singapore News Aggregation Team Friday, November 22, 2019 12:00 am http://apbankers.net/article/52726/standard-chartered-wants-to-attract-7000-millennials-in-singapore This is an exciting start and we have plans to further broaden Jumpstart to cover other areas which are meaningful to this segment, such as financial seminars and giving back to society. Investment Bank Alibaba to pay banks up to $32.3 mln in fees for Hong Kong listing News Aggregation Team Friday, November 22, 2019 12:00 am http://apbankers.net/article/52729/alibaba-to-pay-banks-up-to-323-mln-in-fees-for-hong-kong-listing An additional supplementary prospectus lodged with the Securities and Exchange Commission showed Alibaba would pay the banks up to $32.3 million, if a so-called overallotment of a further 75 million shares is issued which bankers think will occur. Investment Bank HSBC Shuts Protest-Related Account in Hong Kong News Aggregation Team Tuesday, November 19, 2019 12:00 am http://apbankers.net/article/52666/hsbc-shuts-protest-related-account-in-hong-kong A corporate account reportedly linked with protest-related activities has been closed by HSBC though it cites regulatory risks. Investment Bank Green investments, financing gaining traction in Indonesia News Aggregation Team Sunday, December 01, 2019 12:00 am http://apbankers.net/article/52913/green-investments-financing-gaining-traction-in-indonesia With the rising popularity of the note among issuers, Ramdhan hoped it would increase awareness among domestic investors and encourage other companies ESG Japanese pension fund pushes asset managers to get tougher on sustainability News Aggregation Team Tuesday, November 26, 2019 12:00 am http://apbankers.net/article/52799/japanese-pension-fund-pushes-asset-managers-to-get-tougher-on-sustainability Expect more pressure on corporate management for climate-risk disclosure and other environmental, social and governance, or ESG, issues. ESG China fund's plan to revolutionise green finance News Aggregation Team Monday, November 25, 2019 12:00 am http://apbankers.net/article/52755/china-fundamp039s-plan-to-revolutionise-green-finance The bank has set aside $US500 million for the project, which it will invest in green bonds issued by infrastructure companies. ESG Climatescope 2019 by BloombergNEF News Aggregation Team Monday, November 25, 2019 12:00 am http://apbankers.net/article/52775/climatescope-2019-by-bloombergnef Rapidly growing nations that today are just as rapidly expanding their carbon footprints must reach net zero emissions by 2050. ESG Carbon Neutral Isn’t Enough News Aggregation Team Sunday, November 17, 2019 12:00 am http://apbankers.net/article/52635/carbon-neutral-isnamprsquot-enough The United Nations’ Intergovernmental Panel on Climate Change says average global temperatures cannot be allowed to exceed ESG Green Finance for a Sustainable World" - Keynote Speech by Mr Ong Ye Kung News Aggregation Team Tuesday, November 12, 2019 12:00 am http://apbankers.net/article/52534/green-finance-for-a-sustainable-worldampquot-keynote-speech-by-mr-ong-ye-kung Minister for Education, Singapore and Board Member, Monetary Authority of Singapore, at SFF x SWITCH 2019 on 11 November 2019 ESG Asian ESG investing scene still lags behind other regions, says HSBC News Aggregation Team Monday, November 11, 2019 12:00 am http://apbankers.net/article/52504/asian-esg-investing-scene-still-lags-behind-other-regions-says-hsbc This compares with 96% of investors and 97% of issuers in Europe and 100% of investors and 98% of issuers in the US. ESG PE Panorama: US a laggard on ESG News Aggregation Team Monday, November 11, 2019 12:00 am http://apbankers.net/article/52515/pe-panorama-us-a-laggard-on-esg Some 89% of respondents have an ESG policy in place, and the 11% who don’t, manage less than US$5 billion. ESG Water risks should be incorporated into investment processes News Aggregation Team Monday, November 11, 2019 12:00 am http://apbankers.net/article/52524/water-risks-should-be-incorporated-into-investment-processes The report also identified a number of water risks which may be ignored by investors but which should be brought into processes. ESG Why ESG investing is a fiduciary duty of asset managers News Aggregation Team Thursday, November 07, 2019 12:00 am http://apbankers.net/article/52457/why-esg-investing-is-a-fiduciary-duty-of-asset-managers Despite industry debate, Japanese government pension fund is strongly proactive in adopting ESG investing ESG