In Focus
China reorganizes Monetary Policy Committee
Cause is the retirement and reshuffling of committee members.
China gets tougher on sales of WMPs
Orders checks on underlying assets of volatile WMPs.
Credit card fraud tops Shanghai’s financial crimes list
Accounted for 88% of financial crime cases in court in 2012.
HSBC says new Indian banking regulation not “sensible”
Indian and foreign-owned banks won’t be able to meet the new norms.
Why BOC is top pick among Hong Kong banks
Has strongest capital adequacy ratio (12.3% Tier 1) vs peers, an attractive 5.2% dividend yield and CNH asset deployment growth potential.
How will CBRC's new guideline on LGFV loans change the banking landscape in China?
Find out why BBVA says the impact may not be as large.
Vietnam to force weak banks into bankruptcy
Announcement sends shock waves through banking sector counting on government protection.
Bank Mandiri sees 50% increase in Islamic banking profits
The opening of more branches throughout Indonesia will help attain this goal.
India launches bid to build global-sized banks
Is pushing consolidation of public sector banks to create two megabanks.
South Korean banks hit by destructive cyber attack
China identified as most likely source of massive cyber assault.
What headwinds should Singapore banks watch out for in 2013?
The banks' credit profiles could be threatened.
Domestic banks to provide almost 100% of Philippine government borrowings
Government plans to borrow US$3.7 billion from the local debt market in Q2.
Chinese non-bank entities to offer custody services
New rule affecting Chinese non-bank financial intermediaries takes effect June 1.
Vietnam to restructure banking sector by 2015
Will do this to boost a slowing economy that grew at its slowest in 13 years.
Find out what supports Japanese mega banks' overseas operations
Foreign-currency liquidity and certificates of deposit are on the list.
Commentary
Electronic trading proves its strength in times of volatility