China: Backtracking on reforms not an option

China: Backtracking on reforms not an option

The opening up of the Chinese financial sector to majority foreign ownership is an important and strategic move, but the guidelines curtailing banking sector liberalization make it look like one step forward, two steps back.

Asian green lending needs a big push

Asian green lending needs a big push

A novel green loan for Singapore-listed Wilmar has highlighted the dearth of such ESG-based borrowings in Asia, but now that the agribusiness company has provided a template, the onus is on banks and borrowers to push for change in the region.

Japan's megabanks must venture abroad

Japan's megabanks must venture abroad

The country’s lenders face depressing conditions in their home market, with negative interest rates, razor-thin net interest margins and an ageing population.

Barclays in Japan: Double impact

Barclays in Japan: Double impact

Two former debt bankers – one a globetrotter, the other a lifelong Japan specialist – head Barclays’ Japanese investment banking business and present a formidable double act.

Seoul suffers as Woori woes spread

Seoul suffers as Woori woes spread

Within the space of a few weeks, Woori Bank, South Korea’s second-largest lender, was slammed in parliament, lost a chief executive and prompted an investigation into hiring practices that may suck in the entire financial industry.

Malaysia: 1MDB casts a long shadow

Malaysia: 1MDB casts a long shadow

This is the third year of the drama: as the government desperately tries to untangle its controversial fund before elections are called, Malaysians are asking who’s really paying to clean up the mess.