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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

External links to the headlines below are available on SNL.com and SNL Mobile, although some may require a subscription.

Japan's SMBC Nikko to raise overseas staff by half - The Nikkei
Singapore Fintech Hub Will Open India Office - Bloomberg News
BitBay launches trading platform for digital currency - The Hindu Business Line

GREATER CHINA

China's banking asset management sector to double by 2021, says McKinsey - South China Morning Post
China may be hurting its own banks by forcing them to drop risky assets - CNBC
Former HK commodities exchange chief charged with conspiracy to defraud regulator: court - Reuters
FSC green-lights fully automated advisory services - Taipei Times

JAPAN AND KOREA

BOK provides 4.6 tln won to small firms in assistance - Yonhap News Agency
Samsung Securities' IB dream hits a snag due to pending court case of Samsung heir- Pulse
K-Bank to raise 100 bln won through rights offering - Yonhap News Agency
Kakao plans to link up banking and payment platforms - The Nikkei

ASEAN

BoT plans QR launch by the end of August - Bangkok Post
BNM, Finance Ministry approve Takaful Malaysia's reorganisation - Bernama
M'sia to benefit greatly from Asean's infrastructure-backed growth - HSBC - Bernama
PIDM Appoints Rahamat Bivi As Board Chairman - Bernama
MAS, CAD warn about investment schemes based on digital coins and tokens - The Straits Times
Singapore playing catch-up in mobile banking use: Study - Today
Banks still go for seven-day term deposit facility—BSP - The Philippine Daily Inquirer
Philippine growth slows below 6% in Q2 – Credit Suisse - The Philippine Star
Foreign investments surge 57% in May - The Philippine Star

SOUTH ASIA

RBI's payout to Centre falls 53% - Press Trust of India
Indian Overseas Bank Q1 net loss narrows to Rs 499 cr - Business Standard
Power Finance Corporation Q1 net profit falls 16% - The Hindu Business Line
Lok Sabha passes bill approving merger of associate banks with SBI - Press Trust of India
Bank of India recalls Rs 306-cr loan to HDIL arm - The Economic Times
Bank NPAs rose significantly in first half of 2017: Ficci-IBA survey - Press Trust of India
India cbank may need to drain up to $22 bln as inflows add to excess liquidity - Reuters
Non-life insurance companies' premium up 9% in July - The Hindu Business Line

AUSTRALIA AND NEW ZEALAND

CBA branch laundered $27.2 million for criminal drug gang, court told - The Australian
Brokers on board as ANZ Banking Group readies $1b hybrid - The Australian Financial Review
ASIC adds $6m to ANZ's OnePath super compensation bill - The Australian
Treasurer Scott Morrison slams CBA's 'epic fail' - The Sydney Morning Herald

The Daily Dose Asia-Pacific "Headlines" edition aggregates banking, financial services and insurance headlines from the websites of a limited number of major Asian and Australian publication titles and newswires, with an editorial deadline of 6 a.m. Hong Kong time. Language translations to English are provided by an automated service and may not be entirely accurate.