A year has passed since the UK voted to leave the European Union.
With the political situation in flux, we still know relatively little about the likely future arrangements between the EU and the UK. However, we have learned more about how wholesale banking might be affected as management teams have pored over their options and worked through detailed contingency plans. MORE
The Hidden Cost of Reputation Risk
Effectively manage risks before a crisis strikes
Reputation risk has become a key concern for the businesses in the wake of the Great Recession and with the rise of social media. A damaging headline, lawsuit or unfortunate customer experience can severely impact financial performance and brand value… MORE
Time to Advance and Defend
What is the state and future of the Wealth Management Industry?
Despite some strong first quarter results, wealth managers face a number of challenges. This joint report with Deutsche Bank is aimed at understanding what the industry can do to progress… MORE
Closing The Financing Gap: Infrastructure Project Bankability In Asia
In Asia, the public sector is completely unable to fund the region’s future infrastructure needs on its own. Currently, the sector funds 90 percent of infrastructure development in the region. To meet the anticipated $26 trillion of investment that is required by 2030, this status quo needs to change… MORE
Report: China’s Debt Sustainable—For Now
September 15, 2017
There is much concern about the high levels of debt in the Chinese economy, but according to a recent report by the Mirae Asset financial group, the scale of the country’s debt is “not yet a concern,” and the fears may be overblown. However, the report adds that the pace of China’s increasing debt levels is unsustainable… MORE
Is China Deleveraging? Too Early to Cheer
September 12, 2017
“Deleveraging” is the new buzzword in China. The leadership clearly wants to scale back its epic borrowing, but it is not necessarily ready to pay the price for it, namely, the price of having less support for growth. The question is whether the recent efforts of China’s leadership to force the deleveraging of its economy are bearing fruit MORE
What are the Implications of the Rapid Growth of Fintech in China?
August 31, 2017
China’s fintech market has grown rapidly in recent times, but the potential for the sector’s growth in China remains massive. Against that backdrop, the ability to develop and apply cutting-edge technology will be increasingly important for tomorrow’s fintech leaders in China if they are to make the most of this phenomenon. MORE
De-Risking ‘Phenomenon’ Puts 700 Million Globally at Risk
August 30, 2017
The current era of political unrest and uncertainty, coupled with the rise of terror and cyberattacks, means that financial institutions have had to adhere to increasingly strict policies to minimize their risk of being involved in money laundering or funding terrorism. The regulations and legislation in place work to prevent… MORE
Commerzbank, Erste Group Bank and others join trade finance solution
October 6, 2017
Europe – 2017 – Commerzbank, Bank of Montreal, Erste Group Bank and CaixaBank have joined an initiative launched by UBS Group and IBM aimed at building blockchain-based technology to support trade finance transactions… MORE
Banking on the Omni-channel
Banks and financial institutions across the world are being challenged to adapt and innovate, moving beyond the traditional ways of doing business. Changing customer behaviours gained from interactions with e-commerce… MORE
Customer Churn in Business Banking
“What Keeps SMEs from Staying or Going?” – E&P reveals reasons for customer churn and more importantly why unhappy… MORE
China’s Belt and Road Initiative
Ambitious scope beset by regional challenges
China’s Belt and Road Initiative (BRI), formerly referred to as One Belt, One Road (OBOR) represents an economic development funding plan worth, at its most ambitious target… MORE
Building the future of mobile banking – Part II
Financial services institutions are still dealing with the after-effects of the financial crisis. Recently, they have been making considerable effort to comply with new regulations, stabilise their finances and… MORE
World Retail Banking Report 2017
Based on one of the industry’s largest survey responses from over 16,000 customers across 32 countries and more than 140 in-depth executive interviews, the report will examine the last trends in the retail banking industry… MORE
Building the future of mobile banking – Part I
Financial services are still facing the collateral effects of the financial crisis. Lately, a lot of effort have been made to comply with the new regulations, to stabilize their finances by making sure they are compliant… MORE
Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank (second edition)
This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific.
Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, Banking on the Future of Asia and the Pacific raises several key questions: What are the outstanding features of… MORE
Asian Development Outlook (ADO) 2017 Supplement: Cautious Optimism for Asia’s Outlook
With export demand stronger than expected in the first quarter of 2017, the region’s GDP is forecast to expand somewhat faster than forecast in April in Asian Development Outlook 2017.
Developing Asia is now expected to grow by 5.9% in 2017, or 0.2 percentage points higher than the rate previously envisaged. The smaller upgrade in the 2018 growth forecast—5.7% in ADO 2017 to 5.8%—reflects a cautious view on the pace… MORE
A Contagion through Exposure to Foreign Banks during the Global Financial Crisis
This paper develops an empirical methodology to test the contagion effect at the country level using bilateral data on bank claims between countries.
Although the global financial crisis of 2008 took root in the advanced countries, its shocks spread through the emerging economies, reflecting the increasingly interconnected global financial system.
The paper measures the direct and indirect exposures of emerging economies to crisis countries and tests whether these matter for capital outflows from emerging economies… MORE
How to invest in extreme weather
The news headlines on massively damaging hurricanes, floods and heat waves are getting frequent. Extreme weather is now the norm. The impact of extreme weather on logistics, infrastructure and the wider economy has never been more concerning. MORE
Has The Dollar Bottomed? (Cont’)
As we discussed in July, the US economic surprise index has become extremely depressed and the lowest within the G10. We believe US data may start ti improve, and the USD may find a floor. MORE