Peter
The next CEO of DBS will need to be a risk taker

Posted on the February 8th, 2010 under Current news by Peter

And so it was with great interest that we got to finally meet Piyush Gupta in his new role as CEO of DBS on February 5th, where he presided over the group’s 2009 results meeting. But more than the results, which he had little influence over, we were more interested to find out what kind of leader he would be. Before he retired as CEO, Jackson Tai told us…

Simon Johnson
Gerry Corrigan’s Case For Large Integrated Financial Groups

Posted on the December 10th, 2009 under Current news, Regulation by Simon Johnson

by Simon Johnson

Gerry Corrigan’s main assertions in a recent speech on large integrated financial groups are completely wrong.

Guest Blogger
Internationalising the RMB through cross-border trade settlement

Posted on the December 1st, 2009 under Cash, Treasury and Trade, China, Current news by Guest Blogger

by Chris Lewis, Head of Trade and Supply Chain, Greater China at HSBC

A critical factor for the success of the RMB cross-border trade settlement programme—and the key opportunity for banks—will be the pricing and availability of suitable bank products

Simon Johnson
The White House Theory of Bank Size

Posted on the November 24th, 2009 under Current news, Regulation, Risk Management by Simon Johnson

Diana Farrell, deputy director of the National Economic Council in the Obama Administration, made a statement about whether the largest US banks are too big and should be broken up that contains three remarkable points.

David
Chinese banks and the US market: a moment of truth?

Posted on the October 22nd, 2009 under China, Current news by David

The ambition of China Minsheng Banking Group (Minsheng) to take over UCBH Holdings, in which it has a 9.9% stake—and thus become the first Chinese bank to acquire a US lender—is hardly a state secret. But the ninth-largest mainland lender’s plans seemingly have to be put on hold, due to loan provisioning and management control [...]

Peter
ANZ (finally) takes a big step into Asia

Posted on the August 4th, 2009 under Current news, Regional developments, Retail Banking by Peter

The announcement this morning that ANZ was buying RBS’ business in six countries was no surprise to anyone who had been following the story -except maybe for the price: at $550 million, ANZ is paying a much smaller amount than the $980 million that had been mentioned in recent press reports. Now the hard work begins.