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New Indonesian banking law implemented by 2014

38 reads

Limits foreign ownership in banks to only 51%. Indonesian legislators are already drafting the law that is expected to include a maximum 51% limit on the amount a foreign investor can own of a local bank. Read ››

RBI should regulate all home loans

61 reads

State Bank of India sees no need for a separate regulator. Read ››

Heavy penalties for Singapore banks that facilitate tax evasion

139 reads

New law takes effect in July. A new law comes into effect in July will impose hefty penalties on banks that facilitate tax evasion. Read ››

Bank Danamon to distribute US$124 million dividend

64 reads

Amount is equivalent to 30% of net income last year. Read ››

Taiwan’s FSC concerned about new business tax

552 reads

Says it would cut weak profits in an unfavorable economic environment. Read ››

Exploring Asia’s banking dilemma on spending vs austerity

Martin Smith
BY MARTIN SMITH
405 reads

Read ››

Standard Chartered names Alvaro Patron as head, global corporate sales, financial markets

77 reads

According to a release, Standard Chartered has appointed Alvaro Patron as Head, Global Corporate Sales, Financial Markets. Read ››

MUFG acquires Deutsche Bank real estate subsidiary

164 reads

Japan's largest financial group buys US$3.7 billion loan portfolio of UnionBanCal. Read ››

Exploring financial accessibility for SMEs

Eugene Chen 陳仲漁
BY EUGENE CHEN 陳仲漁
259 reads

According to ADB's recent news release showing that a gap of some USD 425 billion between importers and exporters among developing countries is to be facilitated in 2011. Read ››

China reorganizes Monetary Policy Committee

128 reads

Cause is the retirement and reshuffling of committee members. The 15-member Monetary Policy Committee of the People’s Bank of China, the central bank, will need to appoint new members since two of its members have been reassigned while one member is to retire. Read ››

Chinese banks' shares underperform for the second consecutive month

173 reads

Blame it CBRC's new rules for the WMP market. According to Bernstein Research, for the second consecutive month, the Chinese banks shares underperformed the market after having previously enjoyed 5 consecutive months of appreciation. Read ››

RBI slams proposal for Unified Financial Agency

153 reads

Central bank also nixes plan to remove its debt management powers. Read ››

Aussie banks investing massively in Asia

147 reads

Australia’s cash flush banks’ holdings of Asian assets jump 315% since 2008. Read ››

HSBC says new Indian banking regulation not “sensible”

305 reads

Indian and foreign-owned banks won’t be able to meet the new norms. Read ››

India likely to have one regulator for the finance sector

139 reads

Five regulating agencies to be merged into a Unified Financial Agency. Read ››

Standard Chartered Private Equity partners with Aiyingdao

204 reads

Find out what the strategic cooperation agreement entails. Guangdong Aiyingdao Children Department Store and Standard Chartered Private Equity jointly announced that the two parties have entered into a strategic cooperation agreement. Read ››

China confirms Zhou as PBOC Governor

260 reads

Signals China will implement more market-oriented changes to the financial system. Read ››

What Asian bankers must know about the New Great Game in Asia

Azam Ali
BY AZAM ALI
1053 reads

In the wake of ongoing impact of global financial and economic meltdown, particularly more acutely on advanced economies, sparing for the time being it’s full brunt on Asian economies; It is a compulsion for Asian bankers to be aware of threats and opportunities that are enveloped in The New Great Game, which is being played by the big powers in the heart of Asia. Read ››

China debates creation of financial super-regulator

336 reads

Super-regulator to oversee the banking, securities and insurance sectors. Wang Feng, deputy director of the State Commission Office for Public Sector Reform said the issue is quite complicated. Read ››

4 tips to achieve optimal liquidity position in Asia

Rajini Bala
BY RAJINI BALA
617 reads

With an increasing degree of uncertainty prevailing in the global economy, it becomes imperative that corporates make efficient use of their available cash positions. Read ››

A quick guide to shifting from investing to trading

Vito Henjoto
BY VITO HENJOTO
413 reads

The mentality for investing is extremely different to the mentality for trading. Read ››

China pushes Shanghai as international finance center

213 reads

Wants Shanghai to gain IFC status by 2020. Shang Fulin, Chairman of the China Banking Regulatory Commission, the banking sector regulator, said CBRC will continue to support Shanghai’s efforts to become an IFC. Read ››

6 reasons behind China Construction Bank's overweight stock rating

244 reads

Find out why Barclays prefers CCB. Barclays upgraded CCB to an Overweight rating from Equal Weight, and lifted its 12-month price target to HK$7.47 from HK$7.04, based on the updated three-stage dividend discount model. Read ››

Zhou to stay on as central bank boss

231 reads

Media reports are swirling that Zhou Xiaochuan will keep his job. Read ››

Indonesia should strictly limit foreign ownership in its banks

300 reads

The limit should be 49% and not 99% as proposed. Read ››

Orix to acquire Robeco

302 reads

Japan's top financial services and leasing company is paying US$3 billion for the Dutch asset manager. Read ››

China attends first FSB meeting in Switzerland

209 reads

FSB passes Articles of Association and the Procedural Guidelines. The Financial Stability Board recently held its inaugural meeting in Zurich as an association. Read ››

India hopes for a stronger banking sector

302 reads

China’s big banks benefit from the smallness of Indian banks. Read ››

India amends DTA pact with Sweden

202 reads

India and Sweden have signed a protocol to amend the existing double taxation avoidance pact between the two countries. Read ››

Here's why you should switch from BRI to Mandiri

213 reads

Mandiri had compelling expansion in micro and consumer lending. Maybank Kim Eng recommends switching from BRI to Mandiri. Read ››

5 challenges India has to hurdle in 2013

Alicia Garcia-Herrero
BY ALICIA GARCIA-HERRERO
497 reads

After a disappointing 2012, India heads for an uncertain 2013. Read ››

China’s banking system assets rise 17.7%

573 reads

The total came to to US$21 trillion in 2012. Chinese banks saw their total assets rise 17.7% year-on-year to at the end of 2012. Read ››

HSBC appoints new head of internal audit

1247 reads

HSBC has appointed Manveen Pam Kaur as Group Head of Internal Audit effective April 1. Read ››

China approves Ping An stake sale

110 reads

The Charoen Pokphand Group of Thailand now owns a 15.6% stake in China’s biggest private insurer. Read ››

Trends in private equity hiring in Asia

Dennis Phua
BY DENNIS PHUA
568 reads

While private equity (PE) firms tend to be cautious and meticulous recruiters, rapidly growing players in Asia are willing to take a longer term view on hiring. Read ››

Foreign-owned banks balk at new Philippine regulation

337 reads

Philippines wants them to list on the Philippine Stock Exchange. Read ››

New Bank of Japan governor to be named soon

349 reads

Prime Minister Shinzo Abe wants a bold policy leader to lead the central bank. Read ››

Thailand's KBank starts expansion in Myanmar

450 reads

Kasikornbank furthered its Asean presence with a representative office in Myanmar. Read ››

The key to private banking in Asia's family office market

Dennis Phua
BY DENNIS PHUA
1004 reads

Catalysed by an upsurge of generational transition of assets and control in Asia, the region is emerging as a lucrative arena for wealth management institutions to compete for wealth structuring opportunities on behalf of ultra high net worth Asian families. Read ››

A sneak peek to the future of private equity in Southeast Asia

Dennis Phua
BY DENNIS PHUA
659 reads

Global private equity (PE) firms are stepping up their focus on investment opportunities in Southeast Asia, with deal-making in the region expected to pick up in 2013. Read ››