Market Update

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WhatsApp messaging between RMs and clients raising compliance concerns

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WhatsApp messaging between RMs and clients raising compliance concerns

Asia’s HNWIs are using smartphone apps to communicate with relationship managers, and bankers areresponding. This is causing problems for private banks, which must revisit their digital client communication channels, especially as regulators clamp down on investment suitability processes.

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Internet giants battle to lure banks into cloud

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Internet giants battle to lure banks into cloud


As commercial banking and trading move towards a more high-touch and personalised service while also staying in line with regulations – so financial firms will need greater insights from data. Artificial intelligence can help detect fraud in petabytes of data, while the internet of things – a network of physical devices – helps them track customer behaviour.

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Buy-side bond traders reevaluating traditional RFQ model

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Buy-side bond traders reevaluating traditional RFQ model

Asset managers trading corporate bond markets are evaluating a move away from the traditional request-for-quote (RFQ) model, opting instead for electronic execution to meet best execution requirements.

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China's $11 Trillion Bond Market Is Winning Foreign Investors

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China's $11 Trillion Bond Market Is Winning Foreign Investors

China’s efforts to open up its domestic bond market, the world’s third largest, are starting to pay off, by pulling in foreign investors drawn to relatively high yields in a newly stable currency.

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China bond selloff won't signal global bear market

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China bond selloff won't signal global bear market

THE unrelenting selloff in China's US$9 trillion onshore bond market last year caused deep angst among investors. That performance is far from enticing as the country aims to further open up this market, the world's third largest, through initiatives such as the Bond Connect programme.

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BlackRock, Alliance Bernstein tapping more into electronic bond trading

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BlackRock, Alliance Bernstein tapping more into electronic bond trading

Electronic trading is becoming increasingly important when it comes to corporate debt as fund management firms try to knit together sources of liquidity in a fragmented market, executives from Alliance Bernstein LP and BlackRock Inc said on Thursday.

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Do private banking apps need trading functionalities?

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Do private banking apps need trading functionalities?

A growing number of private banks in the region believe that it is necessary for them to include trading functionalities in their mobile apps. Clients apparently demand it and the ability to trade will only enhance the overall digital experience, so they say. Indeed, many private banks offer this functionality at a premium.