Asian deals that define the decades

Asiamoney has chosen three deals – across equity and debt markets, and M&A – from each of the past three decades since the magazine was launched; some are good, some are bad, but all have had an undeniable impact.

Indonesia pins its hopes on Jokowi 2.0

Can Indonesia’s likeable president find a way to boost growth, slash red tape, tackle the country’s image problem and draw in much-needed FDI now that he has secured a second five-year term?

Singapore: BNP Paribas hacks a digital path to growth

BNP Paribas’ Asia wealth management division was once a digital laggard, but thanks to its ‘design factory’ in Singapore, led by Vivien Jong, it is now a global leader, inventing ways to make the bank work better and more profitably.

Why 1MDB still troubles AmBank

Malaysia’s sixth-biggest bank was once eager to serve the country’s now disgraced former prime minister Najib Razak and his fugitive associate Jho Low.

Thai bourse chief sets a new course

Pakorn Peetathawatchai, president of the Stock Exchange of Thailand, is determined to harness digital platforms and launch new products to create a model exchange for the region.

The Philippines: Consing takes BPI in a new direction

Bank of the Philippine Islands is already one of the top corporate and investment banks in the archipelago; now CEO Cezar Consing wants the bank to focus on financial inclusion by expanding its microfinance, SME and consumer lending businesses.

Grameen Bank: Social role, global legacy

Bangladesh's Grameen Bank pioneered the fields of microfinance and microcredit, earning founder Muhammad Yunus a Nobel Peace Prize and helping shape the Asian financial system.

WeBank: China’s financial unicorn

This Chinese financial institution should be on everyone's digital radar, not just for being one of the world's largest unicorms, but for also trying 'to make the world flatter' – via tech.

ICBC: Big could be beautiful

Just 35 years in the making, ICBC is the world's largest bank – and is continuing to shape the global financial system to also become the best.

MUFG: Japan's internationalist

The bank's international strategy is on a global scale, but its expansion plan in Asia is the one to watch, as it aims to reshape the region's financial system.

UOB: Banking on TMRW

Founded before the state of Singapore itself, UOB is looking to the future and enthusiastically embracing technology ‒ all eyes are on its shift to digital and how this will shape the financial system in the region.

BCA: Indonesia's headline act

Bank Central Asia, now one of Asia’s most admired lenders, is certainly one to keep an eye on in Indonesia, as it reaps the benefits of collaborating, not competing, with fintech firms.

Bank Mandiri: Big and active

In its 20-year history, Bank Mandiri has transformed itself into Indonesia's best government-owned lender ‒ the domestic trailblazer is one to watch in the region.

E.Sun Commercial Bank: Scaling the heights?

As well as investing heavily in digital in-house capabilities, this Taiwanese financial instiution is keeping an eye out for acquisitions – and, in turn, Asia and international banks should keep an eye on it.

Daiwa: Lost in transition

With its lack of drive and direction, shareholders of the Japanese financial institution look on nervously as the investment bank faces questions about its future.

Nomura: Cultural shift

Nomura hopes a more efficient structure can help it win private banking business and investment banking mandates on the global stage.

Citic/CLSA: Good while it lasted

With much of CLSA's value tied up in the creative brains who have now left the Hong Kong brokerage, its remaining staff must be nervously watching to see how much of the financial institution's free-wheeling spirit remains – and if it can survive.

DBS: Leading from the front

Of all the financial institutions to watch in Asia, when it comes to digital banking, DBS is the one to focus on, having set the template for banks across the world to follow.

Ping An Bank: Change everything

One to watch in China is this transformed financial institution, which claims not only that it knows what its customers want – but how to give it to them, too, in a digital world.

First Women Bank: Agent of change

Created to promote the social development of women alongside its commercial interests, First Women Bank has led the way in financial inclusion.

Bank of China: Outward bound

This financial institution is clearly one to watch on a global scale, thanks to its presence in 57 countries and domination of the renminbi clearing market.

BDO Unibank: Access all areas

Most financial institutions are banging the digital drum, but this Philippines bank is worth watching as it takes a more old-fashioned approach to local banking.

How democracy benefits Africa’s debt

In Africa, the more democratic a country is, the higher its Euromoney Country Risk score, but as the continent’s ECR grade stalls, African countries are diverging – politically and economically.

Where next for the EBRD?

As the role of the European Bank for Reconstruction and Development comes under scrutiny in Brussels, president Sir Suma Chakrabarti mounts a vigorous defence of the bank’s unique business model and sets out his vision for its future.

Is the World Bank fit for purpose?

From governance issues to mounting competition, the World Bank faces myriad challenges, but its proponents remain convinced of its importance to the modern world.

The places that finance forgot

Countries fall off the global financial grid for a host of reasons: political obtuseness, lack of sovereign recognition, the departure of correspondent banking relationships, even Ebola.

Libor transition: Between a rock and a hard place

Banks are caught in the middle of regulatory pressure from above and corporate inertia from below when it comes to transitioning away from Libor, but they are the lynchpin on which the whole process depends.