Asia Risk interdealer rankings 2016: swimming against the tide

Holding firm in the face of market volatility has seen Societe Generale retain its top spot while investment in its China business has propelled BGC above rival Icap to head up the broker category

Swimmer

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While the pace of European banks’ retreat from Asia slowed in 2015, it hasn’t abated. Barclays’ January announcement that two-thirds of the 1,200 job cuts it was planning for its global business would happen in Asia is the latest example of dealers scaling down their businesses in the region. Other firms have opted to scale back from certain business lines or geographies as the increasing capital costs of new regulations – particularly the Basel III leverage

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