The coming bank consolidation

Top-rated Merrill Lynch bank analyst Keith Irving talks about the dramatic changes in Asian FIG scene.

FinanceAsia Will the consolidation in Hong Kong be between the Hong Kong banks themselves or will it be from SingaporeanAustralian banks

Keith Irving The first thing to say is that we are not bulls on the mega-consolidation wave in Hong Kong. We've had that opinion for some time. In the first instance, the franchises that remain available to potential foreign buyers are probably less attractive than the ones that have already gone. Basically the remaining large players,...

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