https://asia.managersofwealth.com/ Sat, 22 Feb 2025 03:14:41 GMT part of MediaG8way Group https://asia.managersofwealth.com/ https://asia.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75543/netwealth-reports-amplsquostrong-growthamprsquo-in-new-advisers Platform Netwealth has reported its financial results for the first half of FY2024–25, reporting a 46 per cent increase in statutory net profit after tax. Wealth and Asset Management News Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75544/mampampg-powers-supply-chains-with-usd1352m-sydney-logistics-investment Acquires 50% stake in Ingleburn Logistics Park from Stockland, forming long-term partnership Wealth and Asset Management News Aggregation Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75533/super-rich-koreans-establish-family-offices-in-hong-kong-for-tax-advantages Ultra-wealthy Koreans seek innovative investment strategies in offshore finance destinations Wealth and Asset Management News Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75534/endowus-launches-fixed-rate-savings-in-hong-kong-offering-clients-access-to-preferential-time-deposit-rates-with-leading-global-banks Designed to provide market-competitive fixed returns, this new offering enables customers to maximize their savings with trusted global financial institutions. Wealth and Asset Management News Aggregation Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75536/axis-bankamprsquos-burgundy-private-and-hurun-india-release-the-fourth-edition-of-the-amplsquo500-most-valuable-non-state-run-companies-in-indiaamprsquo These companies are ranked according to their value, defined as market capitalisation for listed companies and valuations for non-listed companies. Wealth and Asset Management News Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75524/uobamprsquos-fy24-net-profit-rose-6-to-record-s60-billion S$3 billion package to return surplus capital Wealth and Asset Management News Aggregation Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75525/ark-wm-identifies-a-shift-in-china-wealth-management-strategies The core transformation is towards a forward-looking, value-driven approach. Wealth and Asset Management News Aggregation Team Wednesday, February 12, 2025 12:00 am https://asia.managersofwealth.com/article/75482/private-banks-tell-clients-to-buy-the-dip-on-ai-stocks UBS and Standard Chartered this week urged clients to add to long-term technology holdings on any sell-offs. Wealth and Asset Management News Aggregation Team Wednesday, February 12, 2025 12:00 am https://asia.managersofwealth.com/article/75484/bnp-paribas-wm-top-five-investment-themes-in-2025 The bank has proposed five major investment themes in 2025 to its clients. Wealth and Asset Management News Team Wednesday, February 12, 2025 12:00 am https://asia.managersofwealth.com/article/75485/citi-expects-social-finance-funding-in-asia-to-increase-by-over-10-in-2025 In 2024, Citi led social finance transactions raised over US$2 billion across Asia. Wealth and Asset Management News Aggregation Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75542/citi-makes-internal-shuffle-to-fill-brad-mccarthyamp039s-role The Wall Street back has reshuffled its pack to ensure McCarthy's former responsibilities as Apac head of alternative investment sales are covered. Executive Moves News Aggregation Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75546/payton-capital-welcomes-head-of-credit In the new role, he will oversee all aspects of credit risk management, loan structuring, portfolio performance, and credit strategy. Executive Moves News Aggregation Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75548/apex-names-country-head-and-coo He replaces Andy Harrison who is taking a career break after over three years at the helm. Executive Moves News Aggregation Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75549/platinum-staffers-join-merlon-capital Julian McCormack and Kirit Hira have joined the investment team as portfolio managers. Executive Moves News Aggregation Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75537/dbs-appoints-new-leaders-amid-senior-management-changes Chen Ze Ling will become Group Head of Corporate and SME Banking, while Welson Jamin will take on the role of Group Head of Operations at DBS Executive Moves News Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75526/dbs-appoints-internal-talent-to-leadership-positions Names successors to two key roles Executive Moves News Aggregation Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75528/goldman-sachs-amamp039s-apac-head-of-client-solutions-group-resigns The departure has triggered a reshuffle at Goldman Sachs's asset management business. Executive Moves News Aggregation Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75529/sun-life-appoints-asia-hr-chief She will also join the firm’s Asia executive team and HR executive team. Executive Moves News Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75531/aon-appoints-jennifer-richards-as-ceo-of-asia-pacific The Asia Pacific region is critical to Aon’s strategy, representing significant growth opportunities across a diverse market Executive Moves News Aggregation Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75532/hubbis-welcomes-garett-lim-as-head-of-partnerships-and-singapore-office-lead He is also regular commentator on Channel News Asia discussing the latest financial market developments and trends. Executive Moves News Aggregation Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75535/ex-dbs-employee-admits-to-cheating-clients This was done as Pang had significant debts to licensed moneylenders after suffering online gambling losses. Legal, Regulation & Compliance News Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75538/apra-proposes-updated-approach-to-treatment-of-help-debts APRA has no specific rules or guidance in relation to HELP repayments beyond asking banks to include HELP debts when reporting data on debt-to-income ratios. Legal, Regulation & Compliance News Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75539/former-melbourne-financial-planner-bradley-grimmamprsquos-appeal-dismissed Mr Grimm also failed to advise his client that ASIC had sought the winding up of entities related to him Legal, Regulation & Compliance News Aggregation Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75530/all-eyes-on-the-rbaamprsquos-most-anticipated-decision-in-over-a-year February’s rate decision has been the most anticipated in over a year. Legal, Regulation & Compliance News Team Friday, February 14, 2025 12:00 am https://asia.managersofwealth.com/article/75503/mas-and-abs-to-establish-new-payments-entity-to-position-national-payment-schemes-for-next-stage-of-growth The entity will also collaborate with MAS on the development of Singapore’s national payments strategy, ensuring a safe, efficient and innovative payments infrastructure. Legal, Regulation & Compliance News Team Friday, February 14, 2025 12:00 am https://asia.managersofwealth.com/article/75504/equities-market-review-group-submits-tax-proposals-to-the-government-as-part-of-first-set-of-measures-to-strengthen-singaporeamprsquos-equities-market These include proposals to introduce tax incentives to spur more listings and investments in Singapore’s equities market Legal, Regulation & Compliance News Aggregation Team Friday, February 14, 2025 12:00 am https://asia.managersofwealth.com/article/75506/south-korea-fines-banks-over-short-selling-violations Selling stocks without borrowing them first or determining they can be borrowed – also known as naked short selling – is banned by South Korea’s Capital Markets Act. Legal, Regulation & Compliance News Team Thursday, February 13, 2025 12:00 am https://asia.managersofwealth.com/article/75495/financial-services-and-credit-panel-issues-registration-prohibition-order-against-financial-adviser Mr Meilak exhibited conduct that was systemic, displayed a lack of care and a level of incompetence in providing the advice to his clients. Legal, Regulation & Compliance News Team Tuesday, February 11, 2025 12:00 am https://asia.managersofwealth.com/article/75480/implementing-rules-and-regulations-on-vat-on-digital-services DSP refers to an individual or juridical, resident or non-resident supplier of digital services to a buyer who uses the digital services in the Philippines. Legal, Regulation & Compliance News Aggregation Team Monday, February 10, 2025 12:00 am https://asia.managersofwealth.com/article/75469/hkma-plans-to-launch-us137-billion-facility-to-support-yuan-settled-international-trade HKMA to unveil RMB Trade Financing Liquidity Facility on February 28 Legal, Regulation & Compliance News Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75547/tencent-cloud-supports-fusion-bankamp039s-successful-launch-of-a-next-generation-core-banking-system The bank's seamless upgrade, completed in just 10 months, sets a new benchmark for core banking transformations in Hong Kong FinTech News Team Wednesday, February 19, 2025 12:00 am https://asia.managersofwealth.com/article/75527/standard-chartered-animoca-brands-and-hkt-establish-joint-venture-to-issue-hkd-backed-stablecoin Standard Chartered has a track record of working with stablecoin issuers globally, allowing the JV to fully utilise its bank-grade infrastructure and rigorous governance. FinTech News Aggregation Team Tuesday, February 18, 2025 12:00 am https://asia.managersofwealth.com/article/75523/how-can-banks-maintain-growth-momentum-in-the-ai-everywhere-era Embedded finance and new product development are good use cases for revenue enhancements through AI deployment. FinTech News Aggregation Team Tuesday, February 11, 2025 12:00 am https://asia.managersofwealth.com/article/75481/hong-kong-accepts-crypto-assets-as-proof-of-wealth-for-cies The Hong Kong Investment Promotion Agency conrmed two successful cases where applicants used cryptocurrency to demonstrate the required HK$30 million (US$3.8 million) net worth threshold. FinTech News Team Thursday, February 06, 2025 12:00 am https://asia.managersofwealth.com/article/75451/six-bolsters-asian-market-data-access-with-thaiquest-partnership The partnership also reflects both companies’ commitment to delivering top-tier financial information and innovative solutions to their clients. FinTech News Team Wednesday, February 05, 2025 12:00 am https://asia.managersofwealth.com/article/75447/scam-alert-asic-warns-consumers-about-investment-bond-scam-impersonating-bunnings The scammers set up webpages that appear to be genuine by containing links back to the real businesses’ websites FinTech News Team Monday, February 03, 2025 12:00 am https://asia.managersofwealth.com/article/75428/nab-and-amazon-launch-payto-payment-for-amazoncomau-customers Once approved as an online banking payment method, Amazon shoppers can use PayTo to initiate one-off or recurring payments straight from their bank account, with a single click. FinTech News Team Thursday, January 30, 2025 12:00 am https://asia.managersofwealth.com/article/75413/nab-scam-warnings-help-australians-abandon-suspect-payments The notices are designed to encourage recipients to stop and check before they send money. FinTech News Aggregation Team Thursday, January 30, 2025 12:00 am https://asia.managersofwealth.com/article/75418/mfunds-sparked-asx-outage-1m-credit-issued While several circumstances led to the glitch, the ASX traced the root cause to the introduction of mFunds in 2014. FinTech News Team Wednesday, January 29, 2025 12:00 am https://asia.managersofwealth.com/article/75409/eton-solutions-the-leading-wealthtech-platform-powered-by-ai-partners-with-trigen-wealth-a-newly-launched-full-service-multi-family-office-in-india This partnership underscores Eton’s commitment to offering an integrated and innovative ERP platform for UHNW and HNW families and individuals across India. FinTech News Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75541/insignia-financial-2025-half-year-results Simplifying the business, reducing costs and laying foundations for long-term sustainable growth Alternative Investments News Team Tuesday, February 18, 2025 12:00 am https://asia.managersofwealth.com/article/75520/new-manulife-and-deloitte-report-over-two-thirds-of-high-net-worth-individuals-in-greater-china-consider-insurance-essential-for-legacy-and-succession-planning This underscores the role insurance solutions play in the financial planning strategies of HNWIs. Alternative Investments News Aggregation Team Tuesday, February 18, 2025 12:00 am https://asia.managersofwealth.com/article/75522/perpetual-secures-revised-offer-from-kkr-for-wealth-and-corporate-trust-units Negotiations on the financial details of the updated proposal are ongoing, with shareholder profits still to be finalised. Alternative Investments News Aggregation Team Monday, February 17, 2025 12:00 am https://asia.managersofwealth.com/article/75514/indonesia-to-launch-sovereign-wealth-fund-with-over-us900-billion-in-assets The fund will invest in sustainable high impact projects across sectors such as renewable energy, advanced manufacturing Alternative Investments News Aggregation Team Friday, February 14, 2025 12:00 am https://asia.managersofwealth.com/article/75500/indonesia-to-launch-new-sovereign-wealth-fund-with-over-us900b-in-assets Prabowo said the fund will invest in sustainable high impact projects across sectors such as renewable energy, advanced manufacturing, downstream industries and food production. Alternative Investments News Aggregation Team Thursday, February 13, 2025 12:00 am https://asia.managersofwealth.com/article/75494/prudential-considers-listing-indiaamp039s-icici-prudential-asset-management It means Prudential is now focused on Asian and African markets. Alternative Investments News Aggregation Team Thursday, February 13, 2025 12:00 am https://asia.managersofwealth.com/article/75497/prudential-considers-listing-india-am-stake The decision will be subject to considerations including market conditions and requisite approvals. Alternative Investments News Aggregation Team Wednesday, February 12, 2025 12:00 am https://asia.managersofwealth.com/article/75488/sc-bank-korea-launches-global-wealth-management-campaign This campaign will run simultaneously in seven key markets where SC Group operates — Korea, Singapore, Hong Kong, China, Taiwan, the UAE and India. Alternative Investments News Aggregation Team Tuesday, February 11, 2025 12:00 am https://asia.managersofwealth.com/article/75477/asia-key-to-generaliamprsquos-future The insurer cum asset manager became the second-largest group in Malaysia after a takeover last year and it has solid market positions in Vietnam and China. Alternative Investments News Aggregation Team Monday, February 10, 2025 12:00 am https://asia.managersofwealth.com/article/75468/tanvi-singh-amplaquoa-golden-opportunity-for-swiss-investors-in-indiaampraquo This is a unique chance for Swiss businesses to access one of the world’s fastest-growing economies. Alternative Investments News Team Thursday, December 12, 2024 12:00 am https://asia.managersofwealth.com/article/75134/seizing-the-reinvention-potential-pwc-launches-new-immersive-business-technology-experience The first iteration of this space has been designed in collaboration with PwC alliance partner Microsoft. Tax News Team Wednesday, November 20, 2024 12:00 am https://asia.managersofwealth.com/article/74994/new-global-minimum-tax-rules-set-to-start-in-hong-kong-in-2025 In response to stakeholders’ feedback, the Government is following up with some changes to its tax administration regime. Tax News Team Tuesday, November 19, 2024 12:00 am https://asia.managersofwealth.com/article/74985/tax-and-business-insights-from-hong-kongamprsquos-latest-policy-address By capitalising on the advantages of “One Country, Two Systems,” Hong Kong aims to strengthen its financial, shipping and trade sectors while fostering innovation and collaboration within the Greater Bay Area. Tax News Team Thursday, November 14, 2024 12:00 am https://asia.managersofwealth.com/article/74953/a-review-of-the-tax-regimes-in-singapore-and-hong-kong The position can be improved even further for those who wish to manage their investments from Singapore. Tax News Aggregation Team Friday, October 25, 2024 1:00 am https://asia.managersofwealth.com/article/74828/china-is-now-enforcing-offshore-income-tax-should-private-bankers-be-worried “Offshore income has largely been ignored by the tax authorities, but, obviously, that is changing,” a Hong Kong-based wealth advisor told APB. Tax News Aggregation Team Thursday, October 17, 2024 1:00 am https://asia.managersofwealth.com/article/74761/ultra-wealthy-to-feel-tax-crunch-on-overseas-gains They added that some of the targeted Chinese had at least US$10 million (HK$78 million) in offshore assets Tax News Team Friday, October 11, 2024 1:00 am https://asia.managersofwealth.com/article/74724/banking-as-a-service-poised-to-transform-thailandamprsquos-financial-ecosystem-pwc-thailand-says The opportunities are growing, but how businesses address the challenges of adopting BaaS will be essential for success. Tax News Aggregation Team Thursday, September 26, 2024 1:00 am https://asia.managersofwealth.com/article/74630/anz-bank-ceoamprsquos-shameless-self-interest-this-is-why-people-hate-bankers The reason Watson is promoting a capital gains tax is so families are even further incentivised to park their nest eggs under the roofs of their family home. Tax News Aggregation Team Thursday, September 12, 2024 1:00 am https://asia.managersofwealth.com/article/74539/deloitte-and-rfo-sfos-lack-nextgen-confidence Nearly seven in 10 respondents (69 percent) expect the next generation to lead their family office in Asia Pacific post-succession, according to a report by Deloitte Private and Raffles Family Office. Tax News Aggregation Team Tuesday, September 03, 2024 1:00 am https://asia.managersofwealth.com/article/74477/new-zealand-to-enforce-oecd-tax-reporting-frameworks-by-2026 The measure aims to prevent tax evasion by ensuring firms provide information on transactions in digital assets. Tax News Aggregation Team Friday, February 21, 2025 12:00 am https://asia.managersofwealth.com/article/75545/audax-partners-with-maybank-to-redefine-digital-islamic-banking-in-indonesia While the underlying system architecture remains similar to conventional digital banking solutions, the key differentiator lies in the product offerings. Comment, Analysis & Research News Team Monday, February 17, 2025 12:00 am https://asia.managersofwealth.com/article/75509/strengthening-singaporeamprsquos-position-as-a-hub-for-family-offices Amid growing competition from jurisdictions around the world, what can Singapore do to cement its position as a family office hub? Comment, Analysis & Research News Aggregation Team Friday, February 14, 2025 12:00 am https://asia.managersofwealth.com/article/75502/young-affluent-families-in-hong-kong-set-savings-targets-but-lack-clear-financial-plans Despite these goals, a significant portion of participants struggle with financial planning. Comment, Analysis & Research News Team Thursday, February 13, 2025 12:00 am https://asia.managersofwealth.com/article/75496/gen-z-and-millennial-retail-investors-fall-behind-their-older-counterparts-in-building-nest-egg-for-their-later-years-dbs-study-finds Retirement nest egg of SGD 550,000 recommended for those with more conservative needs and up to SGD 1.3 million for those with more aspirational wants Comment, Analysis & Research News Aggregation Team Monday, February 10, 2025 12:00 am https://asia.managersofwealth.com/article/75472/singapore-banks-grapple-with-client-exodus-amid-record-high-kyc-failures While banks worldwide, including in the US, UK, and Japan, are grappling with similar issues, Singapore has been hit the hardest, signalling a critical industry-wide problem. Comment, Analysis & Research News Aggregation Team Friday, February 07, 2025 12:00 am https://asia.managersofwealth.com/article/75463/ares-eyes-japan-canada-and-latam-growth-as-it-edges-closer-to-100bn-wealth-target In its Q4 and 2024 earnings call, the alternative asset manager announced that it raised more than $10bn in equity from the wealth channel, or $18bn including leverage. Comment, Analysis & Research News Aggregation Team Tuesday, February 04, 2025 12:00 am https://asia.managersofwealth.com/article/75438/the-family-office-insights-series-ampndash-asia-pacific-edition The Top 10 Family Office Trends, 2024 Comment, Analysis & Research News Aggregation Team Friday, January 31, 2025 12:00 am https://asia.managersofwealth.com/article/75423/are-large-language-models-now-a-commodity The result was a significant sell-off in US technology stocks Comment, Analysis & Research News Aggregation Team Thursday, January 30, 2025 12:00 am https://asia.managersofwealth.com/article/75412/sustainability-remains-critical-despite-pullbacks-from-us-banks-dbs He said DBS will remain in the Net-Zero Banking Alliance, which is the global banking industry’s net-zero target-setting group. Comment, Analysis & Research News Aggregation Team Monday, January 27, 2025 12:00 am https://asia.managersofwealth.com/article/75386/standard-chartered-and-prudential-singapore-celebrate-25-years-of-partnership-with-joint-commitment-to-empower-the-next-generation-by-imparting-knowledge-on-money-management-and-financial-responsibility The collaboration will help up to 500 children from ComLink+ families build a strong foundation in money management. Comment, Analysis & Research News Aggregation Team Thursday, February 20, 2025 12:00 am https://asia.managersofwealth.com/article/75540/hsbc-reports-2bn-outflow-from-asia-in-fourth-quarter The bank announced a range of cost-cutting measures, looking to reduce expenses by $300m this year and $1.5bn a year from 2026 Retail Banking News Aggregation Team Tuesday, February 18, 2025 12:00 am https://asia.managersofwealth.com/article/75519/private-vietnamese-lender-donga-bank-renamed-vikki-bank The new name of the bank is "Vikki Digital One Member Bank" (Vikki Bank). Retail Banking News Team Monday, February 17, 2025 12:00 am https://asia.managersofwealth.com/article/75515/citi-wins-commercial-card-mandate-for-australiaamp039s-nsw-govt Citi has been appointed as the provider of commercial cards for the New South Wales Government (NSW) Retail Banking News Aggregation Team Monday, February 10, 2025 12:00 am https://asia.managersofwealth.com/article/75471/koreaamp039s-4-major-banks-to-close-more-offline-branches-by-march But Hana Bank plans to increase the number of its outlets from 597 to 602 during the same period. Retail Banking News Team Wednesday, February 05, 2025 12:00 am https://asia.managersofwealth.com/article/75442/anz-institutional-best-bank-in-asia-for-relationships-eight-years-in-a-row Previously, this award was known as the ‘Greenwich Quality Leader in Asian Large Corporate Banking’. Retail Banking News Aggregation Team Thursday, January 30, 2025 12:00 am https://asia.managersofwealth.com/article/75411/hsbcamp039s-global-brand-in-the-balance-as-it-doubles-down-on-asia-bet Just a few weeks later, the lender would reveal plans to wind down its mergers and acquisitions and equity capital businesses in Europe and the Americas, capitulating to Wall Street rivals who have dominated the scene in recent years. Retail Banking News Aggregation Team Thursday, January 30, 2025 12:00 am https://asia.managersofwealth.com/article/75414/no-of-bank-branches-falls-for-6th-straight-year-in-2024-data Banks have opted to shut down branches as part of cost-cutting measures, as more customers prefer mobile and internet banking. Retail Banking News Aggregation Team Thursday, January 30, 2025 12:00 am https://asia.managersofwealth.com/article/75415/nuvei-seals-deal-to-acquire-paywiser-japan-limited-launches-direct-acquiring-capabilities-in-japan The completed acquisition of Paywiser Japan Limited includes an acquiring licence granted by the Japanese Ministry of Economy, Trade and Industry (METI). Retail Banking News Aggregation Team Friday, January 24, 2025 12:00 am https://asia.managersofwealth.com/article/75381/hsbc-malaysia-opens-flagship-wealth-centre-at-trx-to-serve-high-net-worth-clients Given these factors, the timing is right for HSBC to launch its flagship wealth centre in Malaysia. Retail Banking News Aggregation Team Thursday, January 23, 2025 12:00 am https://asia.managersofwealth.com/article/75374/dbs-foundation-allocates-over-idr-100-billion-to-enhance-social-impact-in-indonesia-by-2028 This initiative reflects DBS Group’s SGD 1 billion commitment announced in 2023 to support vulnerable communities over the next decade. Retail Banking News Team Thursday, February 06, 2025 12:00 am https://asia.managersofwealth.com/article/75454/nomura-to-issue-100th-anniversary-commemorative-dividend Nomura would like to express its sincere gratitude to its shareholders and all stakeholders for their support over the years. Investment Bank News Team Monday, January 27, 2025 12:00 am https://asia.managersofwealth.com/article/75389/deutsche-bank-partners-with-yonyou-to-support-chinese-enterprises-going-global Deutsche Bank and Yonyou have signed a strategic MOU to empower Chinese enterprises with innovative digital financial solutions and support their global expansion. Investment Bank News Aggregation Team Tuesday, December 24, 2024 12:00 am https://asia.managersofwealth.com/article/75201/japanese-banks-post-efficiency-gains-as-interest-rate-hikes-boost-profits The cost-to-income ratio measures the proportion of a bank's operating expenses to its operating income. Investment Bank News Team Monday, December 16, 2024 12:00 am https://asia.managersofwealth.com/article/75151/barclays-bank-plc-and-the-barclays-private-bank-relocate-to-raheja-altimus-worli-in-mumbai Move in line with ambition to further grow its businesses in India Investment Bank News Team Friday, November 08, 2024 12:00 am https://asia.managersofwealth.com/article/74924/deutsche-bank-invests-in-india-growth-strategy-with-eur-571m-capital-increase Deutsche Bank increases regulatory capital in India by 33% since 2023 Investment Bank News Aggregation Team Wednesday, November 06, 2024 12:00 am https://asia.managersofwealth.com/article/74903/morgan-stanley-approved-for-china-futures-unit Morgan Stanley Futures (China) was listed as a licensed institution for the first time by the China Securities Regulatory Commission. Investment Bank News Team Friday, November 01, 2024 12:00 am https://asia.managersofwealth.com/article/74865/statement-on-administrative-action-by-japanamp039s-financial-services-agency We apologize to our clients and all other concerned parties for the trouble this has caused. Investment Bank News Aggregation Team Friday, November 01, 2024 12:00 am https://asia.managersofwealth.com/article/74870/metrobank-drops-fund-management-to-focus-on-new-strategy Investment banking provides complex financial services, including initial public offerings, to large clients. Investment Bank News Aggregation Team Friday, October 11, 2024 1:00 am https://asia.managersofwealth.com/article/74728/ubs-chief-technology-officer-the-bankamp039s-biggest-risk In the coming weeks, the bank will begin migrating customers booked in Luxembourg and Hong Kong, followed shortly by Singapore. Investment Bank News Team Friday, August 02, 2024 1:00 am https://asia.managersofwealth.com/article/74275/deutsche-bank-launches-basfamprsquos-first-sustainability-linked-payables-finance-program-in-asia The program will support BASF’s activities in China. Investment Bank News Team Wednesday, January 29, 2025 12:00 am https://asia.managersofwealth.com/article/75408/dbs-hong-kong-and-mtr-corporation-sign-a-maiden-hkd-1-billion-sustainability-linked-loan Supporting MTR Corporation’s decarbonisation targets Planet SOS News Aggregation Team Monday, January 27, 2025 12:00 am https://asia.managersofwealth.com/article/75390/policy-and-investment-need-to-prioritise-renewable-energy Bangladesh has slowly been investing in green finance initiatives through the banking sector, but the transition to a society free of fossil fuel use will require a lot more investment in the renewable energy sector Planet SOS News Team Thursday, January 23, 2025 12:00 am https://asia.managersofwealth.com/article/75369/trumpamprsquos-climate-policy-and-its-impact-on-investments In practice, this means that the US no longer has to submit a climate action plan to the United Nations every five years. Planet SOS News Team Friday, January 17, 2025 12:00 am https://asia.managersofwealth.com/article/75335/mirova-commits-usd10-million-to-global-commercial-ampamp-industrial-solar-leader-ecoligo-to-fuel-its-growth-in-vietnam ecoligo has successfully raised €74 million to date and currently manages a global portfolio of 100 MWp, comprising 200 projects. Planet SOS News Team Thursday, January 16, 2025 12:00 am https://asia.managersofwealth.com/article/75328/bank-dbs-indonesia-introduces-first-ever-sustainability-linked-trade-finance-facility-for-pt-indo-rama-synthetics-tbk-bahasa DBS Bank's commitment to sustainability is reflected in its concrete steps, becoming the first Singaporean bank to pledge to achieve net-zero emissions by 2050 or earlier. Planet SOS News Team Thursday, December 05, 2024 12:00 am https://asia.managersofwealth.com/article/75090/australia-and-singapore-collaborate-to-support-sustainable-infrastructure-and-decarbonisation-in-southeast-asia The investment will support clean energy transition and sustainable infrastructure development across Southeast Asia. Planet SOS News Team Wednesday, August 21, 2024 1:00 am https://asia.managersofwealth.com/article/74404/dbs-continues-to-break-new-ground-in-china-as-first-southeast-asian-bank-to-leverage-pbocamprsquos-carbon-emission-reduction-facility-for-issuance-of-green-loan When completed, the project is expected to generate about 270 gigawatt hours of renewable energy Planet SOS News Team Wednesday, June 05, 2024 1:00 am https://asia.managersofwealth.com/article/73894/court-finds-active-super-made-misleading-esg-claims-in-a-greenwashing-action-brought-by-asic Active Super claimed in its marketing that it eliminated investments that posed too great a risk to the environment and the community, including gambling, coal mining and oil tar sands. Planet SOS News Team Wednesday, June 05, 2024 1:00 am https://asia.managersofwealth.com/article/73897/what-could-indiaamprsquos-election-result-mean-for-renewable-energy India has also set up a National Green Hydrogen Mission as part of a plan to become a leading producer, user and exporter of the clean fuel Planet SOS News Aggregation Team Thursday, May 23, 2024 1:00 am https://asia.managersofwealth.com/article/73835/survey-shows-waning-interest-in-esg-funds Similarly, the number of investors who expected ESG funds to outperform funds with the same level of risk fell by 10 percentage points to 41% in 2023. Planet SOS