The former head of Banco Espírito Santo’s investment arm, José Maria Ricciardi, talks to Stefania Palma about the parent bank’s turbulent last days and how he hopes to exploit its established European network in his new position as the chief executive of Haitong Bank.
Sri Lanka's new finance minister, Ravi Karunanayake, tells Stefania Palma that his attempts to improve the country's economic fundamentals are being hampered by legacies from the previous government, an unco-operative IMF and an international wall of silence when it comes to corruption investigations.
After a turbulent 2015, faith in Asia’s economies was strong at the Asian Development Bank annual meeting in Frankfurt, despite falling exchange rates and capital outflows. Stefania Palma reports.
The Philippines has grown to have some of the strongest economic fundamentals in south-east Asia, thanks in no small part to the economic policies rolled out by finance secretary Cesar Purisima over the past six years. He talks to Stefania Palma.
Filipino banks continue to be some of the healthiest lenders in Asia. Now, record volumes in equity and debt capital markets offer a further source of growth in one of the strongest banking sectors in the region. Stefania Palma reports.
The Philippines has weathered the emerging markets storm that began in 2015 relatively well, meaning that its central bank has not needed to follow global trends and ease monetary policy. How has central bank governor Amando Tetangco achieved this? Stefania Palma finds out.
The governor of the Reserve Bank of India tells Stefania Palma about his role in halting the rupee’s slide and containing inflation to bring economic stability to the country. Not one to rest on his laurels, however, he is determined to reform India’s banking and corporate sectors.
India's finance minister, Arun Jaitley, tells Stefania Palma how he is using the country's strong economic performance to push through legal reforms and extend its financial inclusion programme.
The banking licences granted by India’s central bank to entities such as telcos, e-commerce companies and microfinance firms are shaking up one of the most traditional banking sectors in the Asia-Pacific region, threatening the dominance of the full-service public sector banks.