Hong Kong Bureau Chief
Narayanan Somasundaram is the Hong Kong Bureau Chief for Risk.net. He has been a journalist for more than 15 years, with his career spanning news and features for two of the world’s largest news organisations – Thomson Reuters and Bloomberg.
Narayanan led coverage of Australian financial services, regulation and the frothy real estate market with a series of features that underscored the build-up of risk in the nation’s property market. He has also had stints as a mergers and acquisitions reporter both in Mumbai and Sydney and as a foreign exchange and bonds reporter in Sydney, where he kicked off coverage of global markets amid Brexit and the shock US election win for Donald Trump.
Adoption of new risk-free rate for both swap legs likely to turbo-charge wider benchmark change, say sources
Rivals say French dealer grew business too quickly – with leveraged version of Korean index one source of pain
As rates rise and trade tensions grow, CCPs must be prepared for higher volatility
Equity structurer Charles Firth rejoins, along with ex-StanChart and Goldman salesman Martin Cher
Imene Moussa to work on QIS and off-balance-sheet structuring across the region
Market share in long-dated trades has halved since metric was imposed at start of year
Traders dampen fears of hedging wipeout despite 20% drop in HSCEI underlying index
Extraterritorial reach is not new to region, but EU Benchmarks Regulation poses real risks
Halting rollout of new prices highlights potential weak points in valuing illiquid products
Combination of banking and insurance regulators offers opportunity to co-ordinate debt reduction measures
Using new risk-free rates alongside Libor equivalents gains industry support
Dealers deserve praise for improved structures, greater diversification and better risk transfer