Web's Best – May 2016

Singapore Property Is Closer to the Bottom Than Hong Kong

«Hong Kong and Singapore are in a different cycle,» LaSalle’s Chris Chow said in an interview. – May 27 / Bloomberg

Here's Why Fixing Deutsche Bank Is One of The Toughest Jobs in Banking

You've got to feel for John Cryan. The CEO of Deutsche Bank inherited a gargantuan task. – May 26 / Business Insider

He Woke to Find $123 Million in His Bank Account

Nobody at the Commonwealth Bank seemed overly concerned when customer Matthew Pearce told staff the bank had given him $123 million by mistake. – May 26 / The Sydney Morning Herald

The Future of Private Banking is in Asia

While financial markets around the world experience decline, seasonal fluctuations or any other kind of uncertainty or shakeup, the Asian financial market appears to be an extremely attractive alternative for investments and development strategies. – May 23 / Let's Talk Payments

The First Digital-Only Bank in Vietnam

Banking in Vietnam had stood in place for decades before it’s moved to a new stage of Internet banking. For the first time ever, Vietnam has its first Digital Bank. – May 23 / Fintech News Singapore

9 (More) Fintech and Blockchain Books to Have on Your Bookshelf

A number of exciting fintech books have been released this year and the following list names the latest books – and those we’ve missed in our previous “Top Fintech Books” post – that will keep you up-to-date on emerging developments in the evolving fintech ecosystem. – May 18 / Fintech News Switzerland

Live More, Bank Less, Says DBS in New Video Series

Following on from the success its last marketing efforts with DBS Spark, DBS Bank Hong Kong has unveiled a new video series that hopes to bottle the inspiration of six business leaders from across the city and encourage Hongkongers to live more and bank less. – May 16 / Marketing Interactive

Bank of Singapore Sees Asia Rich Shift to Paying Fees for Advice

Bank of Singapore, which recently bought the wealth-management units of Barclays in Asia, sees the region’s private-banking industry shifting towards a fee-based model at the expense of the traditional practice of charging rich clients commissions on their transactions. – May 16 / Bloomberg

The Banking Sector Hates Bitcoin, Yet They Want Blockchain

The banking sector has been throwing roadblocks at bitcoin-based businesses in order to postpone their imminent demise at the hands of the digital currency. – May 16 / Bitcoin News Service

6 Reasons Why a Donald Trump Presidency Would Be Beneficial for Founders in Asia

In the case that Donald Trump does become president of the United States, there’s certainly going to be massive upheaval as his policies go into effect. But it also represents business opportunities which Asian founders, if they’re nimble enough, can leverage to their advantage. – May 12 / Tech in Asia

Asian Banks Urged to Pull Back on Tailor-fit Services

Asian banks are starting to veer away from heavy customisation and complexity in cash management services. If Asian banks spent 2015 making sure their cash management services fit their corporate client needs to a tee, then 2016 will be the year when they pull back on tailor-fit alterations. – May 8 / Asian Banking & Finance

1MDB's Dangerous Game of Poker

Have a look at this very interesting infographic and more to read about this hot topic. – May 8 / The Business Times

Going Negative: A New Area of Interest Rates

Hear from key speakers at the 2016 Asian Investment Conference, Credit Suisse analysts, policymakers, and other influential thinkers about the effects of negative interest rates and what they mean for the future of monetary policy. – May 8 / The Financialist

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