Bypassing Basel
United Overseas Bank is eschewing specific efforts to gain capital relief under Basel II by developing an enterprise-wide approach to economic capital. Asia Risk speaks with the Singapore group's head of risk, Tham Ming Soong. By Christopher Jeffery
Overhauling risk management at a bank that is making the transition from a local family business to a regional banking corporation is no easy feat. And doing it in the middle of a liquidity and credit crisis is unlikely to make matters simpler. But that's the job of group head of risk management at Singapore's United Overseas Bank (UOB), Tham Ming Soong.
Tham - who has run market risk at another
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