Asia Risk
Deutsche Bank's securities and exchange-trading operations banned in Korea for six months
Deutsche Bank's securities and exchange-trading operations have received a six-month ban in Korea for making 44.87 billion won ($40 million) in ‘illegal profits’ from market manipulation, following an investigation by Korean regulators; prosecution of…
DBS to debut CNH structured notes in Singapore; close-out settlement backstop in place to deal with China policy u-turn
DBS is set to become the first financial institution to offer renminbi structured notes and unit trust to private banking clients in Singapore on February 28. The bank has also drawn up contingency plans to address the policy risk of Beijing changing its…
Barclays Capital hires Valenzuela to head equity liquid markets distribution in Asia
Barclays Capital has hired Adrian Valenzuela to to head equities liquid markets distribution, including equity flow derivatives, in Asia.
Deutsche Bank takes offshore renminbi electronic on Autobahn
Deutsche Bank claims to be the first major dealer to offer offshore renminbi on an electronic trading platform, although forex broker EBS says it already offers a hybrid broking service for the offshore Chinese currency. Together, however, the…
JP Morgan names Aurangzeb as head of global corporate bank in Asia
JP Morgan has appointed Muhammad Aurangzeb as chief executive of its global corporate bank for Asia-Pacific in a bid to grow its wholesale banking business in the region.
Credit Suisse names Joseph Ho as head of ETFs for Asia Pacific
Joseph Ho joins Credit Suisse to strengthen its exchange traded funds business in Asia
Interest increases for container freight options in Asia
As the hedging market for freight becomes more liquid, container freight options are likely to play a greater part in the composition of trade prices between exporters and importers, according to Brian Dempsey, a director at Kerry Logistics.
SGX names DBS's Michael Syn as head of derivatives
Singapore Exchange has recruited Michael Syn as its first head of derivatives in a bid to bolster its trading business.
DBS risk chief fears Basel III liquidity rules still ‘not realistic’
Elbert Pattijn, chief risk officer at DBS in Singapore, believes modifications to Basel III liquidity rules made late last year may still fall short of industry requirements to meet the final regulatory definitions of high quality liquid assets.
Counterparty risk management at Asian asset managers found wanting
Institutional investors in Asia have some way to go to meet on-going regulatory requirements as set out by Dodd-Frank, the European Commission and other initiatives aimed at mitigating risks inherent with over-the-counter derivatives, a BNY Mellon survey…
Proof of exposure required before Indian companies can trade derivatives
New regulations will require Indian companies to prove they have an exposure that needs to be hedged
China plans onshore renminbi cross-currency swap
Chinese corporates will now have access to onshore and offshore hedging markets
CBRC chief adviser Sheng brands financial engineering ‘a cancer’
Andrew Sheng, a veteran regulator who acts as a chief adviser to China’s top banking regulator, believes ‘creative destruction’ needs to take place when financial engineering goes beyond an optimal level, as it did in 2007-2008.
Sponsored statement: Royal Bank of Scotland
Yield enhancement on Asian equity indexes through call overwriting
‘Bizarre’ $555bn derivatives lawsuit in India rumbles on
Litigation claims fraud perpetrated by foreign banks and the RBI
Henry Hu drives change at the SEC
The game changer
Vietnamese banks hit by Vinashin default
Flood defences
Variable annuity risks hurt Japanese life companies
Risk vs reward
Hedging strategies to exploit ‘currency war’
The spoils of war
Japanese exporters struggle with strong yen
The yen blues
Can life settlements secure mainstream recognition?
Coming of age
Dealers bet on onshore commodities units in China
The local touch
CBRC’s Andrew Sheng talks about new era for policymaking
Theory failure
