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Christoph Michel joins Natixis as Asia CRO
Christoph Michel joins French investment bank Natixis as chief risk officer Asia Pacific from CLSA.
GFI Fenics makes four new hires across Asia-Pacific
GFI Fenics, a subsidiary of GFI Group, adds four new members to its commercial team in Asia-Pacific.
Islamic Bank of Asia names O'Connor as new CEO
Toby O’Connor has been appointed the new CEO of the Islamic Bank of Asia
New Zealand banks still prone to offshore wholesale funding risks
The asset quality and capitalisation of New Zealand banks remains strong but dependence on wholesale funding is still a risk, say credit rating agencies.
Push for lower Tier II capital fund raising prior to window closing
Investment banks are urging financial institution clients to issue old-style lower Tier II capital before the window closes on January 1, 2013, when the full force of Basel III capital rules come into effect.
Fitch rates Australian covered bond legislation
Fitch Ratings endorses Australian draft legislation on covered bonds, but says market needs more detail on reporting requirements
Citi names new emerging market equities heads in Hong Kong
Citi has named Richard Heyes as head of Pan-Asia equities and promoted Adrian Faure to head global emerging markets equities
Vote now for the Risk Australia rankings 2011
Choose your top three counterparty dealers in order of preference in the following five product categories: interest rate, currency, commodity, equity and credit derivatives.
Risk Australia Autumn 2011
Counting the costs
Video: Algorithmics' Michael Zerbs on the ‘unintended consequences’ from Basel III
Algorithmics' president and chief operating officer Michael Zerbs talks about the long-term impact of moving from Basel II to Basel III, including some 'unintended consequences' likely to emerge from the move to central clearing as well as the specific…
BNY Mellon names Stephen Lackey as new chairman for Asia
BNY Mellon has named Stephen Lackey to succeed Christopher Sturdy, who is relocating to New York, as chairman for Asia
Taiwanese banks exposed to domestic property and China risks, says Fitch
Fitch Ratings believes the cost of funding for Taiwanese banks could jump nearly 200 basis points should Taiwan or China property prices fall sharply. The country's banks are also prone to any slowdown in global economic growth.
FSB concerned about counterparty and liquidity risk in ETF market
FSB warns of counterparty risk due to rapid growth of synthetic ETF market; also expresses concern about on-demand liquidity in stressed conditions, particularly linked with vertically integrated providers.
Nomura names Adair and Dolan to replace Bouzouba as heads of equities for Asia
Nomura has named John Adair and Paul Dolan as co-head of equities for Asia to replace Rachid Bouzouba, who has left the Japanese securities dealer.
HKMA warns on US dollar funding risk from China corporate lending
Hong Kong branches of Chinese commercial banks are increasingly lending US dollars to state-backed enterprises. The surge in dollar demand from Chinese corporates comes as lending is squeezed onshore by Beijing's efforts to limit the credit growth of…
Video: Tsuyoshi Oyama on the conflicted role of central banks post crisis
Bank of Japan veteran and Deloitte Touche Tohmatsu partner, Tsuyoshi Oyama, discusses the changed role of central banks post-global financial crisis and potential conflicts with their new role.
Capital gains tax provisions on QFII stalk China A-share ETFs
Fund managers active in offshore-listed China A-share ETFs say a 10% provision set aside for capital gains tax on A-share trading related to P-note issues is increasing tracking error for some funds. Meanwhile, others are ignoring the tax risk altogether…
HK Lehman minibond resolution may be approved despite bond-holder dissent
Despite objections submitted to the US bankruptcy court from the holders of Lehman Brothers minibonds, the latest resolution effort to reach settlement on the sale of credit-linked notes to retail investors in Hong Kong may still be approved, as the 75%…
Singapore efforts to become RMB offshore centre bolstered by bond funds
Barclays Capital and UOB Asset Management issue the first renminbi-denominated bond funds in Singapore for retail investors. RBS believes Singapore has the potential to be the second major offshore renminbi centre after Hong Kong
RBS appoints Sherry Liu as China CEO
RBS names Sherry Liu as China chairman and chief executive officer, in a bid to bolster its business in the country.
Transitions in Asia still reliant on sovereigns
Soft-soaping the non-sovereigns
Sponsored statement: Royal Bank of Scotland
Basel III and IFRS 9: A tightening of the regulations