FinanceAsia Magazine

Issue: October 2012

Issue: October 2012

Right now the banking industry is redefining itself.

As wholesale cuts of businesses are made, some banks are trying to leverage their integrated banking model and streamline operations. Others, are expanding — hoping to develop regional franchises that challenge multinationals or hone unparalleled areas of expertise. But as regulators press banks to be better capitalised, and Joe Public continues to scream that it has little patience with the industry, it is worth looking at what Japan has done. In short, Japanese banks no longer tolerate losses. This means they are risk averse when deciding which business lines to run, which clients to serve and which markets to target. Admittedly, Japan is a unique haven: it has a strong home currency, very cheap cost of funding and captive clients looking to globalise, so it has a natural buffer. But Nick Lord argues that their view on risk may be worth emulating.

Elsewhere in the magazine, Denise Wee talks to Sri Lanka's central bank governor Ajith Nivard Cabraal about how he has developed the country's bond market and borrowers. As a result, Bank of Ceylon became the first Sri Lankan bank to tap the international market with a dollar benchmark in April, paving the way for others to follow.

But while Sri Lanka develops, Vietnam has been struggling. We look at the spiralling non-performing loan data and talk to specialists about what the nation needs to do to resolve the debt problem now.

Our China coverage includes a look at the mainland's thirst for oil and its investments in Central Asia, as well as its M&A aspirations.

Finally, this issue boasts our annual M&A survey, where we offer guidance on what sectors and countries are hot for investment.
 

 

About FinanceAsia Magazine

Established in 1996, FinanceAsia is the leading publisher of financial news in the Asia-Pacific region. Our combination of print and online products provide the latest news, analysis and insight into Asia’s financial markets.

Published monthly from our office in Hong Kong, FinanceAsia magazine provides our readers with the latest financial trends, interviews, features and investigative reports. The publication has a readership of key decision-makers at corporations, governments, investment and commercial banks, institutional investors, asset managers, brokers, traders and financial intermediaries.

Our regular sections include:

Data Story
We look at the key data behind a topical theme in Asian finance, showcased with an array of graphs and tables.

Greenshoe
A monthly opinion column from the FinanceAsia editorial team. We provide our thoughts on a topic making the headlines.

Deal of the Month
Our regular two-page spread with its signature artwork and in-depth analysis examines the equity, debt or M&A deal that we feel has had the biggest impact on the Asian capital markets that month.

Investor Dialogue
For company CEOs and CFOs, what investors think is a critical concern, and in this column we help them understand just this. Each month we speak to a Chief Investment Officer of a top fund and outline their views on corporate governance, what stocks they like and where they expect to generate the best returns.

Soapbox
A monthly opinion piece from a respected author or commentator on Asian business, finance or economics.

People on the Move
Here we summarise the key hires, fires and moves at the region’s banks, highlighting at least one major move each month.

Deal Tracker
We examine the major primary markets deals of the month and comment on the quality of the debt or equity transaction and the secondary market performance.

The Arts of Finance
A light-hearted look at investment opportunities surrounding the arts business in Asia.

 

Print Edition

FinanceAsia Print Edition