While the Asia-Pacific region's growth story over the past few decades has been powered by Japan and then China, at least as far as banking is concerned, when these two countries are removed from The Banker's Asia-Pacific rankings, it is Australia's banks that come to the fore.
Asia-Pacific
London bids to play renminbi strong suit
April 2, 2012As China has moved to speed up the internationalisation of its domestic currency since the financial crisis, the UK has made no secret of its willingness to play a role in this process. But much work still needs to be done with regards to trade settlements between the two countries, as well as improving transport links and communications.
Emerging markets face currency conundrum
April 2, 2012A combination of policy intervention in emerging markets and high residual risks in developed markets means volatility in emerging market currencies looks set to continue.
Are China's banks heading for a crisis?
April 2, 2012The state of China’s banks is a divisive topic – are they on the brink of collapse or part of a stable, state-controlled system? The country's financial institutions are reporting high profits and deposits, but with unquantified levels of bad debt, concerns over asset quality and overexposure to a weakening property market, questions are being asked about the long-term health of the sector.
Banks race to keep pace with Mongolia’s growth
April 2, 2012Mongolia’s mining industry is driving the economy’s rapid expansion and bringing challenges for local banks, which are scrambling to keep up with such dramatic rates of growth.
Foreign exchange still in everyone’s sights
April 2, 2012Higher volumes than before the financial crisis and a growing number of heavyweight currencies are attracting investment banks, but the global foreign exchange pie may not be large enough for everyone to have a slice.
Chinese banks move up a gear in Latin America financing
March 26, 2012As China becomes a growing source of finance in Latin America, looking to internationalise the renminbi and diversify its investments away from low-yielding US debt securities, both parties seem to be reaping the rewards. But does this blossoming relationship simply highlight Latin America's dependence on commodities?
Capital expenditure down but Singapore remains top centre for inward financial FDI
March 12, 2012The Asian city state of Singapore attracted more foreign investment in its financial sector than any other IFC in the world over the past year.
Thirst for Foster's boosts SABMiller deal
March 1, 2012SABMiller's need to finance its $12.3bn takeover of Foster's saw it issue a $7bn multi-tranche Yankee. The result defied even the most optimistic of expectations, with high demand seeing the brewer come close to refinancing its bridging loan of $8bn in one fell swoop.
Singapore's standing as GTS hub goes from strength to strength
March 1, 2012Singapore’s strategic location in Asia is proving a boon to the city state’s transaction bankers, particularly as they seek to capture banking business from the world’s changing trade flows.