Asia Risk 15: Loh Boon Chye, Deutsche Bank
Deutsche Bank’s decision to set up primary dealer operations in local markets in the region following the Asian Financial Crisis has enabled it to become one of the top three providers or risk management services in Asia. Christopher Jeffery reports
It all seems so simple, given the benefit of hindsight. After the Asian Financial Crisis, many governments in the region needed to issue debt and recapitalise their banking systems. Banks could help them in that process by becoming primary dealers, develop a ‘risk free’ yield curve and simultaneously establish onshore derivatives capabilities. Such actions would secure important trust and
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