South Korea's Kookmin bank issued the first covered bond out of an emerging market earlier this year. It was lapped up by investors although its pricing has been questioned. But more importantly, is it the first of many other emerging market banks to look to covered bond investors for funding? Writer Joanne Hart
Latest articles from Banking strategies
Mike Rees
July 7, 2009Standard Chartered has fared well by focusing on core banking services in emerging markets. But in the wake of the crisis, it is facing increased competition from domestic banks.
Spain's bright new hope
July 7, 2009The state-owned Instituto de Crédito Oficial has risen to prominence as Spain's most promising credit provider. However, the country's government must ensure careful lending practices are followed so as not to overstretch the resource. Writer Rodrigo Amaral
Standard Bank benefits from its Chinese partnership
July 7, 2009The chief executive of South Africa's Standard Bank, Jacko Maree, talks about his international aspirations and how he is taking advantage of the relationship with Chinese state-owned banking giant ICBC to expand Standard Bank's global presence. Writer Charlie Corbett in Cape Town
Towards liquidity and transparency: Entering a new world
July 7, 2009Opacity and illiquidity have been the scourge of many an investor as the financial crisis has unfolded, and are now being heavily targeted in the regulatory counter-attack. Natasha de Terán examines how this has played to the strengths of the equity derivatives market.
What does the future hold for Structured Products?: Entering a new world
July 7, 2009Two major banking blow outs, accusations of mis-selling and mounting counterparty risk concerns have all taken their toll on the structured products market. Natasha de Terán assesses the impact on the business and investigates how providers have responded to the challenges.
Rebuilding trust in equity markets: Entering a new world
July 7, 2009Due to plummeting equity market values and strong risk aversion, a large swathe of the investor base is underweight in its target equity market allocations. Sooner or later – and even in the midst of continuing market uncertainty – these investors will reweight their portfolios. But what sort of product solutions are sellside firms putting on the table to encourage them back into the market?
Can pensions bridge the funding gap?
July 7, 2009Heavy losses on equity portfolios and widening funding deficits are forcing a rethink of pension funds' approach, but trustees need to be equipped to manage derivatives exposure, writes Philip Alexander.
Demand rises for the research perspective: Entering a new world
July 7, 2009Equity derivatives research analysts, akin to their sales and trading counterparts, have their work cut out to gain exposure and generate client interest. Natasha de Terán looks at how the industry leaders are working to get noticed.
Kick-starting world trade: Turning the wheels of Trade
July 7, 2009Trade finance has taken a battering in the past 12 months, and governments across the world are desperately seeking measures to inject life into the world's clogged-up trade arteries. Writer Charlie Corbett