Asia

Sovereign and state bank links - Product review

Societe Generale is offering investors a link to the sovereign debt of China, Malaysia, South Korea and Thailand and the banking debt of the State Bank of India. Capital is protected and coupons are fixed at 3.3%, although the issuer has the right to…

Sox comes to Asia

As Japan's version of Sarbanes-Oxley heads towards implementation, other Asia-Pacific countries are also introducing their own versions of the US legislation. But, learning from US Sox mistakes, they are tailoring their reforms to their political and…

Defining the boundaries

Him Chuan Lim, Basel II programme director at DBS Bank in Singapore, talks to Ellen Davis about operational risk's complex relationship with both credit risk and market risk

Time for change

Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports

BNP Paribas reorganises fixed-income business

BNP Paribas is set to reorganise its fixed-income business by splitting its marketing and trading activities. The new set-up replaces a structure where the division was split into three areas: foreign exchange, interest rates and credit.

Asian basket spreads and other exotic averaging options

Giuseppe Castellacci and Michael Siclari of OpenLink introduce a class of exotic options that simultaneously generalises both Asian and basket options. They develop approximate analytic models for real-time pricing of complex instruments that average…

A question of priorities

Japan's banks are aware of the need to prepare for Basel II, but it is just one of a number of urgent issues that need to be resolved in the Japanese banking sector.

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