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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.

Chinese Wealth Manager Plans Branches in Australia and Canada - Bloomberg News
German Digital Bank Investing in Singapore Fintech Potential - finews.asia
Nikko Asset Management to invest in US fintech researcher - The Nikkei
GIC-linked China lending platform to sell US consumer debt in Asia - The Business Times

GREATER CHINA

Chinese regulators step in to calm market jitters over crackdown of overseas asset acquisitions - South China Morning Post
SFC censures China Life offshoot for breaching takeover code
- South China Morning Post
Junior bankers find themselves out of depth amid capitalism with Chinese characteristics - South China Morning Post
Taiwan's First Central Bank Minutes Show No Rush to Raise Rates - Bloomberg News

JAPAN AND KOREA

Japan's Banks Tap a Gold Mine - Bloomberg News
Tougher mortgage rules to affect some 400,000 borrowers - Yonhap News Agency
Sound profits pressure insurers to cut premiums - The Korea Times
Kakao Bank outperforms K bank, addresses liquidity issues - The Korea Herald

ASEAN

First MAS managing director Michael Wong Pakshong dies - The Business Times
Public Bank's Islamic unit issues RM500m sukuk - Bernama
System remains liquid, says BSP's Guinigundo - BusinessWorld
PSE expects 4 more listings this year - The Philippine Star

SOUTH ASIA

Banks may need 20% incremental provisioning for 50 large NPAs - Press Trust of India
Bad loan resolution to start shortly, RBI to take up more cases: FM Arun Jaitley - Press Trust of India
Retail banking may lose 55% of business to fintech: report - Mint

After Bajaj Fin buys 11% stake for $33 mn, MobiKwik aims to raise $120 mn - Business Standard
Lendingkart Finance raises $10 m in debt - The Hindu Business Line
Ujjivan Financial Services reports Rs75 crore loss in Q1 due to demonetisation - Mint
Savers as important as borrowers, holds high savings a/c rates: Kotak Mahindra Bank - Press Trust of India
Jaitley defends SBI decision to cut interest rate of savings account - Press Trust of India

AUSTRALIA AND NEW ZEALAND

Suncorp bid to reassure investors as stock slumps - The Australian
Forget Commonwealth Bank's $9.8b profit next week, Ian Narev will be explaining 'cuckoo smurfing' - The Sydney Morning Herald
Dollar declines as investors see RBNZ dialing back rate hike - BusinessDesk
KiwiSaver provider Fisher Funds sold to TSB Community Trust - Stuff.co.nz

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.