Devastating floods and political instability saw Thailand's economy grind to a halt in late 2011. However, the country's banks have emerged relatively unscathed, and with its economy now growing at a good pace, the country is looking forward to experiencing good times similar to those that its south-east Asian neighbours have enjoyed.
World
/ Asia-Pacific
/ China
Will the renminbi fill the euro gap?
July 2, 2012With the future of the euro being called into question and many developed economies struggling to grow, transaction banks are looking to take advantage of the opportunities arising from the internationalisation of the renminbi.
Adapting to regulatory sea change
July 2, 2012Cash management and transaction banking in general are feeling the squeeze – required to work harder due to increasing pressure from both a tough economic climate and a range of new regulations. Deutsche Bank’s global head of trust and securities services and cash management for financial institutions, Satvinder Singh, explores the impact of the current economic and regulatory factors on areas of transaction banking.
Finding the technology balance
July 2, 2012Technology is vital to success in cash management and across transaction banking. Deutsche Bank Global Transaction Banking’s global head of product management Rhomaios Ram; global head of cash product management and Europe, Middle East and Africa regional head of product management Christian Westerhaus; and head of client access David Watson discuss the challenges and opportunities presented by the rise of technology and the importance of striking the optimal balance between product usability and functionality.
China's march to global dominance continues
July 2, 2012Four Chinese banks are now in the global top 10, with Industrial Commercial Bank of China making significant headway by moving into third position, pushing HSBC out of the top three.
Japan maintains steady momentum
July 2, 2012The earthquake and subsequent nuclear disaster that hit Japan in 2011 does not seem to have affected its banks too dramatically, though its largest lender has been passed by two Chinese banks in the overall Top 1000 ranking.
Australian banks lead 'rest of Asia-Pacific' ranking
July 2, 2012When the Asian behemoths of China and Japan are removed form the Asia-Pacific ranking, Australia's 'big four' banks come to the fore, though Singapore and South Korea also feature prominently.
Europe ready for arrival of the renminbi
July 2, 2012As the Chinese authorities lift restrictions and open up the renminbi market stage by stage, the significance of what is unfolding has not gone unrecognised in Europe, and, according to a recent survey by The Banker, it is not only those already doing business with the country that are interested in the renminbi's development. As London takes steps to establish itself as an offshore renminbi financial centre, many are anxious to take advantage of the opportunities soon to be available.
Visa, MasterCard and the battle to stay ahead of the payments revolution
June 1, 2012Visa and MasterCard have evolved in recent years both inside and out, developing from bank-owned associations into public companies. Now they are facing external pressures of alternative payment schemes and a payments world that is rapidly moving beyond cards.
Asia weighs euro impact as global economy rebalances
June 1, 2012Delegates at the annual Asian Development Bank meeting in Manila had their attention firmly focused upon another continent – Europe – and what the economic problems in the region may pose for its trade and financial activity in Asia.