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Friday's headlines, Financials edition


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Friday's headlines, Financials edition

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Bank of China, China Construction Bank get wealth management units in shake up of US$4.3 trillion industry - South China Morning Post
China's central bank pledges prudent monetary policy and 'basically stable' yuan - South China Morning Post
FSC raises ceiling on offshore funds' Chinese holdings - Taipei Times
Velotrade launches Hong Kong's first account receivables financing platform - Asia Asset Management


Nomura CEO Signals More Job Cuts in Europe to Reverse Losses - Bloomberg News
Small firms face tougher punishment over accounting irregularities - Yonhap News Agency
KB Kookmin Bank workers to launch strike next month - Yonhap News Agency


Digital shift sees banks reboot services - The Nation
Zurich Takaful CEO to step down on Jan 13 - The Sun Daily
Malaysia fund manager PNB's assets up 6.8% in January-November - Asia Asset Management
Singapore, Malaysia shares rise on US stocks rally - The Nikkei
SHS to sell nearly 102 million shares to raise capital - Viet Nam News


Government infuses Rs 2159 cr in United Bank of India - Press Trust of India
Kerala Gramin Bank calls off 10-day strike - The Hindu Business Line
Depositors of City Co-op Bank allowed to withdraw up to Rs 5,000 from accounts - The Hindu Business Line
Satin Creditcare to create separate subsidiary for SME business: CMD - The Hindu Business Line
Banks' capital rises, but artificially - The Daily Star


Investment mandate set for small-business fund - The Australian
Banks get busy on customer payouts - The Australian
APRA warns superannuation funds over low targets - The Australian

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.