Justin Lee
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IMF looks to strengthen Asian ties to combat global economic crisis
The IMF is looking to work with Asian countries to lessen the impact of the global crisis on the region, says David Lipton, IMF first deputy managing director
Hong Kong regulator approves new synthetic ETFs
The Hong Kong ETF market received a boost with the approval of more than a dozen synthetic ETFs – the first authorisation since local rule-makers toughened regulations over this asset class last year
HKEx to introduce volatility index futures
HKEx has announced the trading of futures on the Hang Seng volatility index starting from February next year. Market participants say this marks an important first step in the development of Asia-based volatility products
Nomura makes senior Asian equity appointments
Nomura hires Christopher Carter as head of equity derivatives Japan, and makes a number of promotions within its Asian equities team
Asia Risk 2011 interdealer rankings: Brokers
The eurozone debt crisis has hit volumes in the interdealer market, with brokers reporting a significant drop-off in recent months. Despite the change in market dynamics, the top brokers in the region remain the same as last year, with Icap taking top…
Asia Risk 2011 interdealer rankings: Dealers
The eurozone crisis has been the main driver of Asian markets in recent months, and with concerns about a possible break-up of the euro growing, end-users have been reluctant to invest. In what has been a tricky environment for dealers, market…
Australia gives green light to covered bonds in Basel III liquidity drive
ANZ issues first Australian covered bond following government reforms; covered bonds seen as part of the solution to address liquidity shortage under Basel III
ANZ appoints new chief risk officer
Chief risk officer Chris Page to retire after 39 years in banking. ANZ names Nigel Williams as his successor
Australian regulator releases Basel III liquidity proposals
Australia's prudential regulator publishes discussion paper for liquidity reforms under Basel III. In addition, the Reserve Bank of Australia announces further details for its committed liquidity facility to address the liquidity shortage banks will face…
Apec finance chiefs affirm commitment to Basel III and central clearing
Apec finance chiefs pledge to implement Basel III capital, liquidity and OTC derivative reforms at 18th Apec finance ministers' meeting in Hawaii
FSB unveils list of global systemically important financial institutions
Four Asian banks are among the FSB's initial list of global systemically important financial institutions, including three from Japan and one from China
Asia Risk Congress 2011: Clashes with CFOs more likely as CRO role gains prominence in Asia
The role of a chief risk officer (CRO) is becoming increasingly relevant at institutions in Asia – sometimes creating friction with the CFO. And Chinese CROs face additional challenges, according to participants at an Asia Risk Congress 2011 CRO…
Isda: Inconsistency among regulators worrying
Dodd-Frank's extraterritoriality and supervisory focus on market structure reforms that will not deliver systemic risk reduction are concerns, says Isda chair Stephen O’Connor
Asia-Pacific personal wealth growth soars ahead of US and Europe – Credit Suisse
The Asia-Pacific region has accounted for 54% of all new global wealth creation since 2010 and emerging markets are set to drive global wealth creation during the next five years, according to Credit Suisse's annual Global Wealth Report
New Dow Jones blue-chip indexes to be used in structured products
Dow Jones Indexes launches Asia Dow and Europe Dow, which track 30 blue-chip companies in each region for use in ETFs and structured products
Korean banks face funding challenges due to eurozone debt crisis – RBS
Despite most Asian banks remaining insulated from the eurozone debt crisis, Korean banks are at greatest risk due to their reliance on high levels of external borrowing, according to RBS report. Meanwhile, the growth of the renminbi presents a liquidity…
Basel Committee appoints Australian regulator as next secretary-general
The Basel Committee on Banking Supervision has appointed Wayne Byres as secretary-general, replacing Stefan Walter
Australian banks still face liquidity challenges, FSB peer review finds
A Financial Stability Board peer review finds the Australian financial system remains strong but banks face Basel III liquidity and wholesale funding challenges
RBI’s revised securitisation guidelines could ‘kill’ Indian market
The latest Reserve Bank of India revised draft guidelines for securitised transactions released late September have drawn criticism from market participants for being far too restrictive, with one lawyer saying the rules in their current form would …
JP Morgan makes changes to Asia fixed income team as Bulchandani bows out
JP Morgan has made senior sales and trading appointments within its Asia fixed income team. Pranav Thakur will lead fixed income trading for Asia ex-Japan, while Sudhir Goel is named head of fixed income sales and structuring for Asia ex-Japan, replacing…