Industrial and Commercial Bank of China (ICBC)

Dodd-Frank will hit Asian banks onshore in the US

Dodd-Frank will require some foreign banks to set up intermediate holding companies for their US operations and also subject them to enhanced liquidity, supervision and stress testing. How will Asian banks be affected given the flow of US dollars from…

Onshore forex options debut in China

Foreign exchange options debuted in mainland China today with a number of deals taking place. China now has an onshore market for forex forwards, forex options, forex swaps and cross-currency swap, offering market participants more hedging tools as the…

Unbroken China

The global financial crisis had an indirect but significant impact on Chinese banks, which have had to manage the risks linked to the country’s large credit expansion in 2009. Financial institutions have also learnt useful lessons from the collapse of…