Managers of Wealth - Asia http://apbankers.net/ Sat, 16 Jan 2021 08:38:07 GMT part of MediaG8way Group http://apbankers.net/ http://apbankers.net/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Personalising Banking CX: the 'next normal' News Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61123/personalising-banking-cx-the-amp039next-normalamp039 Offering personalised experiences tailored to personas is definitely the ‘next normal’. Wealth and Asset Management More financial education needed for HNW individuals News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61082/more-financial-education-needed-for-hnw-individuals At present, 54% of HNW donors expect the wealth management industry to better educate them on how different wealth solutions and structures can best support the overall wealth transfer process. Wealth and Asset Management BNP Paribas Securities Services extends its initial margin services to Asia Pacific News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61106/bnp-paribas-securities-services-extends-its-initial-margin-services-to-asia-pacific These include risk factors and initial margin calculations, exposure management, exchange of initial margin calls and a triparty collateral management solution with segregated custody arrangements. Wealth and Asset Management Silver Linings Even in Adversity News Team Tuesday, January 12, 2021 12:00 am http://apbankers.net/article/61034/silver-linings-even-in-adversity Economists who had only recently been increasing their forecast for fourth-quarter global GDP growth are now cutting back their forecasts for the first half of 2021. Wealth and Asset Management Macquarie Capital Principal Finance reaches agreement to sell London’s Tavis House for over £33 million News Team Tuesday, January 12, 2021 12:00 am http://apbankers.net/article/61045/macquarie-capital-principal-finance-reaches-agreement-to-sell-londonamprsquos-tavis-house-for-over-amppound33-million Macquarie Principal Finance first acquired Tavis House in 2014, as its first commercial real estate acquisition in the UK. Wealth and Asset Management AMP turns to practice mergers as takeover looms News Aggregation Team Monday, January 11, 2021 12:00 am http://apbankers.net/article/61015/amp-turns-to-practice-mergers-as-takeover-looms An AMP representative said while its advice strategy “remains unchanged”, the practices that fall short of its standards are being asked to merge. Wealth and Asset Management Cross-border trust planning: More certainty for wealthy Indian families News Team Sunday, January 10, 2021 12:00 am http://apbankers.net/article/61008/cross-border-trust-planning-more-certainty-for-wealthy-indian-families The tribunal case also highlights the importance of careful planning while implementing trust and asset holding structures in a transparent world where information is automatically exchanged between countries. Wealth and Asset Management Asset managers jumping at investors’ need for income News Aggregation Team Friday, January 08, 2021 12:00 am http://apbankers.net/article/60956/asset-managers-jumping-at-investorsamprsquo-need-for-income Funds launched to source yield from Asian equities and high-yield bonds Wealth and Asset Management 2021: China's Year? Or China's Decade? News Team Friday, January 08, 2021 12:00 am http://apbankers.net/article/60967/2021-chinaamp039s-year-or-chinaamp039s-decade The liberalisation of the capital markets seen in China in recent years has also been accompanied by a stronger regulatory framework Wealth and Asset Management Puhui Wealth Investment Management to Expand International Development Following Acquisition News Team Friday, January 08, 2021 12:00 am http://apbankers.net/article/60997/puhui-wealth-investment-management-to-expand-international-development-following-acquisition The Company's goal is to maximize the benefits of holding Hong Kong securities licenses that it acquired as part of the acquisition of Granville Financial Services Company Ltd. Wealth and Asset Management RHB Investment Bank chief to join billionaire Kuok’s group News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61121/rhb-investment-bank-chief-to-join-billionaire-kuokamprsquos-group RHB ranked third in Malaysia’s local-currency bond sales in 2020 Executive Moves Capital Group Appoints President of Japan Unit News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61125/capital-group-appoints-president-of-japan-unit Koizumi is a 30-year industry veteran and in addition to DWS, he spent 14 years at Fidelity Investments heading its pension business divisions. Executive Moves William Blair Hires Head For Asian Distribution News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61126/william-blair-hires-head-for-asian-distribution She was most recently head of Institutional Business Development, Asia ex-Japan at NN Investment Partners, and previously worked at Lion Global Investors Limited and DBS Asset Management Executive Moves Nor Zahidi appointed external member to Bank Negara’s Monetary Policy Committee News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61129/nor-zahidi-appointed-external-member-to-bank-negaraamprsquos-monetary-policy-committee Nor Zahidi holds a Master’s degree in Economics Policy and a Bachelor’s degree in Economics from Boston University. Executive Moves Appointment of Chief Executive Officer of the Hong Kong Academy of Finance News Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61130/appointment-of-chief-executive-officer-of-the-hong-kong-academy-of-finance “We live in a world of accelerating changes and the AoF plays an important role in maintaining the competitiveness of Hong Kong as an international financial centre." Executive Moves MAS Appoints New Deputy Managing Director News Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61133/mas-appoints-new-deputy-managing-director The appointment takes effect on 1 February 2021. Executive Moves Manulife IM creates new role to boost digital capability News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61134/manulife-im-creates-new-role-to-boost-digital-capability Grace Ho named head of direct digital business and portfolios in Asia Executive Moves Ignition Advice expands team News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61139/ignition-advice-expands-team Ignition chief executive Manish Prasad left his position after a little over two years in the role recently. Executive Moves Top CEO Candidate Emerges at StanChart News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61140/top-ceo-candidate-emerges-at-stanchart Benjamin Hung Pi-cheng, Greater China and North Asia CEO as well as retail banking and wealth management CEO, was also named as a candidate for succession. Executive Moves Vontobel grows emerging market debt team with PM hire News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61081/vontobel-grows-emerging-market-debt-team-with-pm-hire Carlos Sousa previously worked as an economist at Oxford Economics, where he was responsible for thematic macroeconomic research for emerging and frontier markets. Executive Moves Tokyo Bourse Sets 1 Feb Launch Date for CONNEQTOR Platform News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61116/tokyo-bourse-sets-1-feb-launch-date-for-conneqtor-platform “We are pleased to announce that development has been successfully completed and CONNEQTOR will go live on 1 February 2021.” Legal, Regulation & Compliance Victorian director disqualified from managing corporations for four years News Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61132/victorian-director-disqualified-from-managing-corporations-for-four-years ASIC is a member of the Phoenix Taskforce, which comprises federal, state and territory government agencies who collaborate to combat illegal phoenix activity. Legal, Regulation & Compliance Seven licensees add new adviser roles News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61135/seven-licensees-add-new-adviser-roles HFS’s director Colin Williams noted that those figures should be looked at very carefully as some of them might be backdated into 2020 since the licensees had 30 days to report their adviser movement. Legal, Regulation & Compliance William O’Neil rolls out first onshore fund in China News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61086/william-oamprsquoneil-rolls-out-first-onshore-fund-in-china The firm will be competing against several foreign quant managers that have entered China's private market. It also intends to apply for a QDLP licence. Legal, Regulation & Compliance BOJ Is Said to Mull Downgrading View of Economy Amid Emergency News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61091/boj-is-said-to-mull-downgrading-view-of-economy-amid-emergency The economic impact of the moves will be a key topic at the two-day policy meeting ending on Jan. 21, the people said. Legal, Regulation & Compliance Maples Group Recognised for Excellence in Asia by China Business Law Journal News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61095/maples-group-recognised-for-excellence-in-asia-by-china-business-law-journal The research, which is conducted annually, acknowledges 200 elite lawyers [who work] for China-related businesses (including 100 lawyers in PRC law firms and 100 lawyers in foreign law firms). Legal, Regulation & Compliance APRA publishes new FAQ for ADIs on measurement of credit risk weighted assets News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61098/apra-publishes-new-faq-for-adis-on-measurement-of-credit-risk-weighted-assets The FAQ is available on the APRA Legal, Regulation & Compliance China Enhances Market Maker Rules for Interbank FX Market News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61117/china-enhances-market-maker-rules-for-interbank-fx-market Under the new guidelines, SAFE will delegate the entry and exit management of market making institutions to CFETS (China Foreign Exchange Trade System). Legal, Regulation & Compliance CBIRC Penalises State-owned Financial Institutions and Subsidiaries News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61036/cbirc-penalises-state-owned-financial-institutions-and-subsidiaries ICBC’s penalty follows the arrest of two officials from its wealth management unit, reported by Caixin in December 2020. Legal, Regulation & Compliance CSRC Issues Final Rules on Convertible Corporate Bonds News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61052/csrc-issues-final-rules-on-convertible-corporate-bonds The rules also enhance requirements for issuers to disclose major events, and set out measures to improve conversion price determination, amendment and adjustment by issuers. Legal, Regulation & Compliance UBS Poised for Indian Fintech Deal News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61131/ubs-poised-for-indian-fintech-deal UBS is attempting to buy shares from Paytm employees, the news service reported. FinTech PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, is Launched to Enable Tech Startups Achieve Market Deployment News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61080/planetspark-innovation-centre-first-hardware-targeted-accelerator-for-aiot-innovations-led-by-singapore-company-is-launched-to-enable-tech-startups-achieve-market-deployment Backed by its SGX-listed parent company Excelpoint and supported by Enterprise Singapore, PlanetSpark Innovation Centre will be investing an initial S$5 million to expand its engineering capabilities, expecting to benefit more than 30 local startups over FinTech Iress to deliver Tiger Brokers clients with direct access to SGX News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61083/iress-to-deliver-tiger-brokers-clients-with-direct-access-to-sgx This will be fully hosted and co-located in the SGX Data Centre, with Iress Pro trading software to be used by SGX dealers to supervise and manage trades. FinTech Premia Partners Launches New Report on Asia Innovative Technology News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61092/premia-partners-launches-new-report-on-asia-innovative-technology New report discusses Asia megatrends and offers a playbook to participate in opportunities from disruptive innovations and technology-enabled productivity growth benefitting through passage of time FinTech Technology leads finance for Ping An Bank News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61094/technology-leads-finance-for-ping-an-bank Digital transformation is a long term, ongoing strategy that has gained even greater momentum at Ping An Bank this year, complementing the entire group’s commitment to continuous innovation. FinTech CES 2021 Taiwan based startup AuthMe responds to digital banking transformation with turnkey solutions for eKYC and fraud detection News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61097/ces-2021-taiwan-based-startup-authme-responds-to-digital-banking-transformation-with-turnkey-solutions-for-ekyc-and-fraud-detection There have been pain points for a product or service to onboard their new customers when obliged to implement Know-Your-Customer (KYC) in order to provide a more personalized experience, or simply due to local regulators require so. FinTech Singapore's Sea acquires Indonesian bank to gain foothold in financial tech News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61103/singaporeamp039s-sea-acquires-indonesian-bank-to-gain-foothold-in-financial-tech Bank BKE began operations in 1992 with the primary goal of supporting the welfare of civil servants, according to its website. FinTech E-payments, fund transfers pip card transactions in South-east Asia News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61119/e-payments-fund-transfers-pip-card-transactions-in-south-east-asia Grab has rolled out a micro-investment service and e-commerce installment plans, and could offer personal loans from bank partners through its app. FinTech Fidelity ups stake in Hong Kong cryptocurrency company News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61058/fidelity-ups-stake-in-hong-kong-cryptocurrency-company Bitcoin's price reached to a record $42,000 last Friday, more than doubling since early December, though the volatile asset dropped by as much as 19% on Monday. FinTech HSBC Becomes First Foreign Fintech in China News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61062/hsbc-becomes-first-foreign-fintech-in-china The new entity will initially provide centralized technology and data services to the bank’s mobile financial planning offering in the mainland – «HSBC Pinnacle Venture» – to target customers outside the branch network. FinTech Nomura and SPARX Group Announce Strategic Alliance to Establish Listed Investment Corporation News Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61122/nomura-and-sparx-group-announce-strategic-alliance-to-establish-listed-investment-corporation The alliance brings together Nomura’s deep expertise in supporting the growth of unlisted companies Alternative Investments Chinese PE Fund Manager CICC Capital Secures $649m Second Close of Biomedicine Fund News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61124/chinese-pe-fund-manager-cicc-capital-secures-649m-second-close-of-biomedicine-fund The biomedicine fund had raised more than 1.6 billion yuan in its first closing in February 2020. Alternative Investments Indonesia’s Bukalapak Raises Funding From Standard Chartered for Expansion News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61127/indonesiaamprsquos-bukalapak-raises-funding-from-standard-chartered-for-expansion Representatives of Standard Chartered, Bukalapak, Naver and Mirae Asset-Naver Asia Growth Fund declined to comment. Alternative Investments First Sentier launches infrastructure fund News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61136/first-sentier-launches-infrastructure-fund Greenup said last year that the global pandemic created a buying opportunity in global listed infrastructure that led to mispricing of assets like energy infrastructure, toll roads and airports. Alternative Investments Morningstar introduces new platform News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61137/morningstar-introduces-new-platform Morningstar head of retail investing products and solutions Scott Burns said the platform empowers advisers to have real-time information and research at their disposal. Alternative Investments Australia's insurance industry saw profits halve in 2020 News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61093/australiaamp039s-insurance-industry-saw-profits-halve-in-2020 Bushfires, storms, floods and a global pandemic have combined to give Australia’s insurance sector one of its worst years on record. KPMG presents the year’s key figures in a new report. Alternative Investments KKR Closes First Asia Real Estate Fund at US$1.7 Billion News Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61099/kkr-closes-first-asia-real-estate-fund-at-us17-billion KKR’s Asia Pacific real estate platform takes a flexible investment approach across assets and platforms, utilizing equity and debt in both emerging and developed markets. Alternative Investments Macquarie IM the nation's largest manager News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61113/macquarie-im-the-nationamp039s-largest-manager Indexed investments surged above $500 billion after falling under this threshold in the previous two quarters. Alternative Investments Bell Financial Group profits up 44% News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61114/bell-financial-group-profits-up-44 Its first half revenue for the period ending 30 June 2020 was $129 million - up 7.4% from 30 June 2019. Alternative Investments CSC announces new partnership News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61115/csc-announces-new-partnership "Mental health support and suicide prevention is something that needs an immediate response because the ramifications can last a lifetime and in some cases it is a matter of life or death." Alternative Investments Govt creates special unit in I-T dept for probe into undisclosed foreign assets News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61039/govt-creates-special-unit-in-i-t-dept-for-probe-into-undisclosed-foreign-assets The new units will also probe cases of Indian entities named in global tax document leaks like the Panama Papers Tax Cambodia-Malaysia double tax agreement now in effect News Aggregation Team Monday, January 11, 2021 12:00 am http://apbankers.net/article/60991/cambodia-malaysia-double-tax-agreement-now-in-effect The DTA was signed in September 2019 between minister Aun Pornmoniroth and Malaysian Minister of Foreign Affairs Saifuddin Abdullah. Tax Punit Renjen: Deloitte will double India workforce in 3 years News Aggregation Team Tuesday, January 05, 2021 12:00 am http://apbankers.net/article/60901/punit-renjen-deloitte-will-double-india-workforce-in-3-years The India-focus is not a new phenomenon. Tax Japan a hard sell for bankers when taxman can take half News Aggregation Team Wednesday, December 30, 2020 12:00 am http://apbankers.net/article/60828/japan-a-hard-sell-for-bankers-when-taxman-can-take-half Years of deflation have driven Tokyo rents way down since the go-go days when the land under the Imperial Palace was supposedly worth more than all of California. Tax Financial services' biggest tax bills revealed News Aggregation Team Monday, December 14, 2020 12:00 am http://apbankers.net/article/60538/financial-servicesamp039-biggest-tax-bills-revealed Other institutions with significant tax bills include IC Markets ($144 million), UBS Australia ($51 million), Challenger ($46.5 million), J.P. Morgan Australia ($46 million), Perpetual at ($40 million) and WAM Capital ($24 million). Tax Advice associations join forces News Aggregation Team Wednesday, December 09, 2020 12:00 am http://apbankers.net/article/60481/advice-associations-join-forces The alliance will allow AIOFP members to join TSA's tax agent association, TAI Practitioners, which complies with the Tax Practitioners' Board requirements. Tax Global tax evasion costs US$427b per year News Team Friday, November 20, 2020 12:00 am http://apbankers.net/article/60047/global-tax-evasion-costs-us427b-per-year The only way to fund the long-term recovery is by making sure our tax authorities have the power and support they need to stop corporations and the mega rich from not paying their fair share. Tax Shipton's tax bill under scrutiny News Aggregation Team Thursday, November 19, 2020 12:00 am http://apbankers.net/article/59968/shiptonamp039s-tax-bill-under-scrutiny Each procurement had a value of $25,000, bringing the total tax bill for Shipton to $75,000. Tax Industry fund introduces tax incentive News Aggregation Team Tuesday, November 17, 2020 12:00 am http://apbankers.net/article/59937/industry-fund-introduces-tax-incentive To be eligible for the bonus, members must be an Intrust Super member for at least 12 months before transferring their savings to the pension account. Tax Singapore: Company tax residency status in a time of COVID-19 News Aggregation Team Friday, November 13, 2020 12:00 am http://apbankers.net/article/59868/singapore-company-tax-residency-status-in-a-time-of-covid-19 The Singapore tax residency status of a company may be important for various purposes including allowing the company to claim Singapore tax treaty benefits (1) and protection. Tax Malaysia’s new Covid-19 lockdown, emergency may attract foreign funds, some say News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61138/malaysiaamprsquos-new-covid-19-lockdown-emergency-may-attract-foreign-funds-some-say “There is still value in the Malaysian market and I do expect foreign fund managers to take advantage of these, albeit in a more cautious approach,” Comment, Analysis & Research Strong appetite for Asia-Pacific real estate News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61096/strong-appetite-for-asia-pacific-real-estate Sydney and Melbourne remain top investment destinations in region, survey finds Comment, Analysis & Research Singapore asset managers upbeat on global growth, see stronger local dollar News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61108/singapore-asset-managers-upbeat-on-global-growth-see-stronger-local-dollar Two-thirds of respondents expect the US dollar to fall more than 5% against the Singapore dollar this year. Comment, Analysis & Research Global investors keen on Asia real estate, survey finds News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61109/global-investors-keen-on-asia-real-estate-survey-finds The survey was conducted in late 2020 by ANREV, the European Association for Investors in Non-listed Real Estate Vehicles, and the Pension Real Estate Association. Comment, Analysis & Research Two early favorites in race for HSBC top Asia position News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61105/two-early-favorites-in-race-for-hsbc-top-asia-position He was popular among investors and analysts covering HSBC Comment, Analysis & Research Indonesia to sell bigger global sukuk in first half of 2021 News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61037/indonesia-to-sell-bigger-global-sukuk-in-first-half-of-2021 The sovereign sukuk in June 2020 was a $2.5 billion wakalah global paper in three tranches. Comment, Analysis & Research Adopt disciplined approach to retirement savings, says asset management firm CEO News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61040/adopt-disciplined-approach-to-retirement-savings-says-asset-management-firm-ceo The CEO pointed out this is compounded by Malaysians’ longer life expectancy with the average mortality rate currently at 75 years old. Comment, Analysis & Research Organizing for the future: Nine keys to becoming a future-ready company News Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61059/organizing-for-the-future-nine-keys-to-becoming-a-future-ready-company The pressure to change had been building for years. Comment, Analysis & Research Hong Kong’s Tracker Fund Could See New Manager News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61075/hong-kongamprsquos-tracker-fund-could-see-new-manager According to the fund’s prospectus, there is a six-member supervisory committee that meets on a quarterly basis to oversee the Tracker Fund with supervision powers including the ability to change its manager. Comment, Analysis & Research Who Will Succeed HSBC’s Peter Wong? News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61076/who-will-succeed-hsbcamprsquos-peter-wong The bank’s APAC head of wealth and personal banking Greg Hingston said last year that it intended to generate $185 billion in banking revenue from «the wealthiest urban cluster in China» by 2025. Comment, Analysis & Research Co-opbank Pertama targets over RM90m profit in 2021 News Aggregation Team Sunday, January 10, 2021 12:00 am http://apbankers.net/article/61006/co-opbank-pertama-targets-over-rm90m-profit-in-2021 The incentive that we give is higher than normal savings...if we look at savings at most banks, they are less than 1.0 per cent, but CBP gives as high as 1.75 per cent for savings account Retail Banking RBI unveils guidelines for digital payment infra fund News Aggregation Team Thursday, January 07, 2021 12:00 am http://apbankers.net/article/60941/rbi-unveils-guidelines-for-digital-payment-infra-fund PIDF scheme’s key aim is to create payments acceptance infra in tier-3 to tier-6 cities Retail Banking India Eximbank achieves lowest 10-year coupon for Indian issuers News Aggregation Team Thursday, January 07, 2021 12:00 am http://apbankers.net/article/60943/india-eximbank-achieves-lowest-10-year-coupon-for-indian-issuers Deal priced inside its fair value amid strong demand Retail Banking Singapore banks to benefit from pick-up in credit growth this year: CGS-CIMB News Aggregation Team Tuesday, January 05, 2021 12:00 am http://apbankers.net/article/60897/singapore-banks-to-benefit-from-pick-up-in-credit-growth-this-year-cgs-cimb They are also forecasting DBS to report lower impairments, and OCBC's non-performing loans to trend upwards to 2.5 per cent to 3.5 per cent in FY21. Retail Banking Maybank named among Cambodia’s best banks News Aggregation Team Monday, January 04, 2021 12:00 am http://apbankers.net/article/60885/maybank-named-among-cambodiaamprsquos-best-banks Among the best features of the bank which lead to international recognitions are the FX services, Maybank2U (M2U) mobile app and Maybank 2E cash management solution. Retail Banking HSBC breakup will turbocharge CEO’s Asian pivot News Aggregation Team Thursday, December 31, 2020 12:00 am http://apbankers.net/article/60837/hsbc-breakup-will-turbocharge-ceoamprsquos-asian-pivot The division’s $21 billion in consumer loans implies a tangible book value of $1.6 billion, based on the capital typically carried by other U.S. retail banks. Retail Banking BRI Partners Alipay in Indonesia News Aggregation Team Wednesday, December 30, 2020 12:00 am http://apbankers.net/article/60833/bri-partners-alipay-in-indonesia BRI will focus on areas most visited by Chinese tourists, including Bali, Batam and Manado, before expanding the acceptance of Alipay across its network of merchants using QRIS. Retail Banking S. Korea picks 11 banks as liquidity provider in won-yuan direct trading market News Aggregation Team Tuesday, December 29, 2020 12:00 am http://apbankers.net/article/60799/s-korea-picks-11-banks-as-liquidity-provider-in-won-yuan-direct-trading-market The direct transaction market between the South Korean won and the Chinese yuan was launched here in 2014 to boost payments and settlements in trade using both currencies and lower the exchange rate-related risks. Retail Banking PBoC Calls for Payment Focus in Ant Overhaul News Aggregation Team Monday, December 28, 2020 12:00 am http://apbankers.net/article/60786/pboc-calls-for-payment-focus-in-ant-overhaul The mainland central bank also called for a timetable as soon as possible and to understand the need for the overhaul. Retail Banking Malaysia’s financial sector braces for competition from digital banks News Aggregation Team Monday, December 21, 2020 12:00 am http://apbankers.net/article/60699/malaysiaamprsquos-financial-sector-braces-for-competition-from-digital-banks Usually, announcement of the winners takes a year after a licensing framework is launched. Retail Banking Maybank temporarily closes 69 branches due to MCO News Aggregation Team Friday, January 15, 2021 12:00 am http://apbankers.net/article/61128/maybank-temporarily-closes-69-branches-due-to-mco Maybank did not specifically mention Covid-19 in the group's Twitter updates. Investment Bank Investment banking ripe for a shake-up News Aggregation Team Wednesday, January 06, 2021 12:00 am http://apbankers.net/article/60920/investment-banking-ripe-for-a-shake-up Investment banking is heading for a sea change. Investment Bank UBS Celebrates Singapore Anniversary with Sustainability Splash News Aggregation Team Monday, January 04, 2021 12:00 am http://apbankers.net/article/60870/ubs-celebrates-singapore-anniversary-with-sustainability-splash The Swiss major is celebrating its 50th anniversary in Singapore in 2020, with the launch of an immersive art installation and new commitments focused on sustainability. Investment Bank HSBC break-up will turbocharge CEO's more lucrative Asian pivot News Aggregation Team Thursday, December 31, 2020 12:00 am http://apbankers.net/article/60856/hsbc-break-up-will-turbocharge-ceoamp039s-more-lucrative-asian-pivot Though HSBC is already cutting roughly a third of its US retail branches, offloading the unit would be cleaner. Investment Bank Axis Bank prunes overseas presence as it consolidates local business News Aggregation Team Wednesday, December 30, 2020 12:00 am http://apbankers.net/article/60825/axis-bank-prunes-overseas-presence-as-it-consolidates-local-business The plan is to consolidate the services related to corporate banking, trade finance, treasury and risk management solutions through its Dubai, Singapore and GIFT city branches. Investment Bank China Bank subsidiary says arranged nearly P150-B in debt securities in 2020 News Aggregation Team Tuesday, December 29, 2020 12:00 am http://apbankers.net/article/60797/china-bank-subsidiary-says-arranged-nearly-p150-b-in-debt-securities-in-2020 The deals it co-arranged include the Retail Treasury Bonds of the Bureau of the Treasury, the P6.57-billion Premyo Bonds 2, the P10-billion fixed-rate bonds of Ayala Land, and the P20-billion corporate notes of North Luzon Expressway Corp, among others. Investment Bank Deutsche Bank bets on Asia recovery, targets higher profitability in region, APAC CEO says News Team Thursday, December 24, 2020 12:00 am http://apbankers.net/article/60771/deutsche-bank-bets-on-asia-recovery-targets-higher-profitability-in-region-apac-ceo-says That compares with a ROTE of 10 per cent in the region this year. Investment Bank Alliance Bank says an employee at Menara Multi-Purpose is down with Covid-19 News Aggregation Team Wednesday, December 23, 2020 12:00 am http://apbankers.net/article/60742/alliance-bank-says-an-employee-at-menara-multi-purpose-is-down-with-covid-19 The bank further said it will carry out a thorough sanitisation on the affected floors of the building, as well as other common facilities, in accordance with health and safety guidelines. Investment Bank Bank of Baroda completes integration of erstwhile Dena, Vijaya banks with itself News Aggregation Team Monday, December 21, 2020 12:00 am http://apbankers.net/article/60697/bank-of-baroda-completes-integration-of-erstwhile-dena-vijaya-banks-with-itself Over 5 crore customer accounts migrated Investment Bank Top Chinese Investment Bank Joins SGX Securities Market News Aggregation Team Friday, December 18, 2020 12:00 am http://apbankers.net/article/60659/top-chinese-investment-bank-joins-sgx-securities-market CICC's membership follows a memorandum of understanding it signed with SGX in July 2020 to bridge Singapore and China's financial markets. Investment Bank Singapore Environment Council honours 12 companies for their efforts to go green News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61090/singapore-environment-council-honours-12-companies-for-their-efforts-to-go-green The Attorney-General's Chambers and the Tampines Town Council received Eco-Office+ Certification at the ceremony for having implemented effective environmentally friendly practices. Environment and Sustainable Investments AXA IM highlights opportunities in the ESG space News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61110/axa-im-highlights-opportunities-in-the-esg-space The firm has also shared ways of how investors can identify "genuine" ESG investments. Environment and Sustainable Investments Credit Suisse AM integrates ESG into A-shares strategy News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61111/credit-suisse-am-integrates-esg-into-a-shares-strategy With China A-share’s further inclusion into global equity indices, standards for ESG will be further raised. Environment and Sustainable Investments Investing in the Future News Aggregation Team Thursday, January 14, 2021 12:00 am http://apbankers.net/article/61118/investing-in-the-future Arthur YUEN, Deputy Chief Executive of the Hong Kong Monetary Authority, talks about how the HKMA as a banking supervisor, an investor and a facilitator, drives and promotes sustainability in the banking sector and beyond. Environment and Sustainable Investments Investor pressure on HSBC to reduce fossil fuel exposure intensifies News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61044/investor-pressure-on-hsbc-to-reduce-fossil-fuel-exposure-intensifies Coordinated by ShareAction, 15 institutional investors with a combined $2.4trn AUM has filed a climate change resolution at the UK-listed bank. Environment and Sustainable Investments Group of Five Urges Adoption of Sustainability Reporting Prototype News Aggregation Team Wednesday, January 13, 2021 12:00 am http://apbankers.net/article/61071/group-of-five-urges-adoption-of-sustainability-reporting-prototype “We’ve put forward what we consider to be the best and fastest path to a comprehensive reporting system that addresses both enterprise value and sustainability-related risk,” Environment and Sustainable Investments China Issues Final Rules Governing National Carbon Market News Aggregation Team Monday, January 11, 2021 12:00 am http://apbankers.net/article/60976/china-issues-final-rules-governing-national-carbon-market Provincial level authorities will be able to set carbon emissions caps for the first time, and shall be charged with verifying greenhouse gas emissions reports, including through inspections. Environment and Sustainable Investments Does coal still have a role in China’s decarbonising power market? News Aggregation Team Monday, January 11, 2021 12:00 am http://apbankers.net/article/61023/does-coal-still-have-a-role-in-chinaamprsquos-decarbonising-power-market China’s new climate pledges have made coal’s phase out seem inevitable, and the country’s power market is struggling to find new roles for its existing coal fleet. Environment and Sustainable Investments Climate, governance, supply chains top ESG topics in 2021 News Aggregation Team Friday, January 08, 2021 12:00 am http://apbankers.net/article/60979/climate-governance-supply-chains-top-esg-topics-in-2021 Environmental, social, and governance investing momentum is expected to continue into this year with almost half of institutional investors believing oil and gas had the biggest room for improvement. Environment and Sustainable Investments Ninety One launches environment fund in Singapore News Aggregation Team Thursday, January 07, 2021 12:00 am http://apbankers.net/article/60942/ninety-one-launches-environment-fund-in-singapore Its mandate is to invest in companies which contribute to positive environmental change through sustainable decarbonisation. Environment and Sustainable Investments Ten Ways Covid-19 Has Changed the World Economy Forever News Aggregation Team Thursday, December 31, 2020 12:00 am http://apbankers.net/article/60836/ten-ways-covid-19-has-changed-the-world-economy-forever Big government staged a comeback as the social contract between society and the state got rewritten on the fly. Covid-19 Bosses in S'pore unlikely to mandate Covid-19 vaccination for staff: Experts News Aggregation Team Wednesday, December 30, 2020 12:00 am http://apbankers.net/article/60812/bosses-in-samp039pore-unlikely-to-mandate-covid-19-vaccination-for-staff-experts Medical experts, human resource practitioners and business associations The Straits Times approached said employers in Singapore are unlikely to enforce the Covid-19 vaccine on their workforce. Covid-19 Islamic Finance After COVID-19 News Aggregation Team Wednesday, December 30, 2020 12:00 am http://apbankers.net/article/60823/islamic-finance-after-covid-19 Islamic finance took a hit in 2020 but is preparing for the next surge of growth through innovation, standardization, and M&A activity. Covid-19 S.Korean financiers pick prolonged COVID-19 pandemic as biggest financial risk News Aggregation Team Monday, December 14, 2020 12:00 am http://apbankers.net/article/60555/skorean-financiers-pick-prolonged-covid-19-pandemic-as-biggest-financial-risk The financiers saw a lower possibility for financial crisis to happen in the short and medium terms. Covid-19 COVID-19 accelerates REIT shift News Aggregation Team Wednesday, December 09, 2020 12:00 am http://apbankers.net/article/60431/covid-19-accelerates-reit-shift “In line with this, we believe the office sector will experience a bifurcation between heavily disrupted sky rise office towers, in favour of modern “A” grade city fringe and suburban office buildings.” Covid-19 Oil prices stumble as coronavirus resurgence forces more lockdowns News Aggregation Team Monday, December 07, 2020 12:00 am http://apbankers.net/article/60380/oil-prices-stumble-as-coronavirus-resurgence-forces-more-lockdowns “COVID restrictive measures and lockdowns across the globe seem poised to keep crude prices heavy in the short term.” Covid-19 Hong Kong startup scene remains healthy amid Covid-19 News Aggregation Team Friday, December 04, 2020 12:00 am http://apbankers.net/article/60353/hong-kong-startup-scene-remains-healthy-amid-covid-19 Funding for tech entrepreneurs still robust compared to pre-pandemic levels Covid-19 Indonesia gets $876m loan from Germany's state bank to fight Covid-19 News Aggregation Team Monday, November 23, 2020 12:00 am http://apbankers.net/article/60061/indonesia-gets-876m-loan-from-germanyamp039s-state-bank-to-fight-covid-19 Jakarta has sought to finance the deficit with bilateral and multilateral loans and debt sales, including selling bonds directly to the central bank. Covid-19 Japan’s top union federation to demand wage raises despite pandemic News Aggregation Team Friday, November 20, 2020 12:00 am http://apbankers.net/article/60019/japanamprsquos-top-union-federation-to-demand-wage-raises-despite-pandemic Rengo demanded a 4% raise at wage talks this past spring, before the pandemic heated up, but secured an average gain of just 1.9%, the smallest bump in seven years. Covid-19 Singapore banks making flexi-work a permanent post-Covid feature News Aggregation Team Thursday, November 19, 2020 12:00 am http://apbankers.net/article/59995/singapore-banks-making-flexi-work-a-permanent-post-covid-feature DBS is latest to announce new work practices; UOB had earlier announced a two-day work-from-home policy post-pandemic Covid-19