Managers of Wealth Asia Pacific

Hua Nan Bank given green light to set up branch in Manila

Hua Nan Bank has become the first Taiwan bank to set up a branch in Southeast Asia

Mahindra and Barclays Wealth Sign Global Strategic Relationship

SOFGEN has market leading domain expertise in various banking systems and has been retained by Barclays Wealth for in excess of 10 years.

Standard Chartered, ICBC sign MoU

The alliance through the MoU sets out a conceptual framework and guiding principles for the two banks through which ICBC would benefit from Standard Chartered’s presence and banking experience in Pakistan.

Coalition says Panama Papers sparked action against more than 100 Australian taxpayers

Ministers say analysis of papers by crimes taskforce also resulted in 15 unannounced visits and three search warrants

Duterte administration stops DBP-Land Bank merger

According to the GCG, “more underserved and unbanked areas will be reached by the surviving bank through rationalization of the existing branch networks of DBP and Landbank.”

Malaysia PM confirmed as involved official in wealth fund scandal

Complaints recently arose accusing high level officials of conspiring to misappropriate USD $3.5 billion from 1MDB.

Supreme Court Asks Sahara Group To Disclose Source Of Money Raised

It should be any of the three alternatives. Money did not fall from the heavens.

Sebi seeks major changes to new KYC process

In a letter to finance ministry last week, Sebi said market intermediaries are facing trouble empanelling new clients

China central bank outlines rules on investment quotas under RQFII

The rules were jointly issued with SAFE.

Best and brightest revealed at sell-out event

Almost 800 people were in attendance at this year’s event, which celebrated the achievements of 32 award recipients.

Why TIBOR remains positive despite negative-rate policy

The TIBOR is more likely to reflect prevailing rates as creditworthy banks can borrow money at low interest rates.

Former PNG PM Somare named as recipient in Singapore money laundering case

Sam Koim, the chairman of Papua New Guinea's anti-corruption squad Taskforce Sweep, said his team had been working with Singaporean authorities on the case.

CPPIB gets RBI nod for raising stake in Kotak Bank

CPPIB picked up stake in the bank from Japanese multinational Sumitomo Mitsui BankingCorp through open market operation earlier this year.

China Engages in 'Backdoor QE' as Monetary Policy Shifts, Says Jefferies

Policy easing in China is bigger than you think.

Mizuho Bank’s Appeal Against Mt Gox Related Lawsuit Dismissed

A US Court has dismissed the appeal filed by Mizuho Bank against Mt Gox customers' class action lawsuit.

J.P. Morgan Gets Stand-Alone Asset-Management License in China

License is registered in Shanghai’s free-trade zone

Australian Commonwealth Bank to shut down India operations

Commonwealth Bank was the first Australian bank to open a branch in Mumbai when it started its operations in the city in August 2010

New Rule: High networth foreign nationals can settle in India

In a bid to lift the construction sector, the government also approved new norms that will help in quicker resolution of disputes to kick-start stalled projects can make access to financing easier.

SFC reprimands and fines BNP Paribas Wealth Management $4 million

The SFC’s investigation found that at the material time, the monetary benefits, including charges, mark-ups and fees, received by BNPPWM from around 2,300 client transactions exceeded the levels it represented in its documentation provided to the cl

World Bank Bond Issue Gives China Chance to Promote Yuan

Three-year bond is denominated in so-called special drawing rights and will pay an annual yield of 0.49%

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