Blogs & Opinion

Empowering women to Rise Up in Financial Services across the globe

Tracey Davies, President of Money20/20, and founder of the Rise Up initiative, outlines the five ways the program empowers women at work as the initiative comes to Singapore.
2 years ago

Empowering women to Rise Up in Financial Services across the globe

Tracey Davies, President of Money20/20, and founder of the Rise Up initiative, outlines the five ways the program empowers women at work as the initiative comes to Singapore.
2 years ago

China's evolving bank restructuring: From loan-to-equity to loan-to-convertible bond swaps

It has been two years since Chinese banks have seen their luck turn sour with raising NPLs and decreasing profits. Preoccupied by other issues – including the collapse of the stock market and a huge loss of reserves after a mini-devaluation – the Chinese government only turned to the banks' situation early this year. Most of the actions taken have been piecemeal and uncoordinated.
4 years ago

Supporting trade finance in Asia

61% of respondents to the ICC Banking Commission’s latest Global Survey reported a shortfall in global trade finance. And US$700 billion of the unmet demand comes from developing Asia. Here we examine the measures that can be taken to address the trade finance gap across the world’s largest continent.
4 years ago

Blueprints for Japan's next-generation payment infrastructure

This post examines initiatives to accelerate the development of Japan's payment infrastructure through the lens of the Zengin System—the heart of this infrastructure.
4 years ago

Banks are fighting to remain relevant

Global banking is facing a perfect storm. In addition to weak economic growth, major regulatory challenges, and historically low interest rates, the industry also faces an intensifying threat stemming from changing consumer perceptions of traditional banks coupled with the emergence of new competitors offering attractive, personalised products. 
4 years ago

Legacy modernisation in Japan's financial industry

This post examines the current status and future outlook of legacy modernisation in Japan's financial industry based on a survey Celent conducted in 2015. The survey targeted insurers, financial institutions, and brokers. Additional information was gathered in follow-up interviews through 2016.
4 years ago

Regulation of domestic debit card transactions in Thailand

Back in 2012, Thailand's Electronic Transactions Commission issued regulations that mandated domestic processing of domestic debit card transactions with debit cards issued in Thailand. It granted a grace period of one year for service providers to meet the new requirements.
4 years ago

Stressed assets of Indian banks: Way forward

As per Reserve Bank of India, the Indian banking system has gross stressed assets of 11.5% of total assets, as of March 2016. Amongst the various categories of banks, the percentage for public sector banks is, as expected, highest at 14.5%.
4 years ago

Redesigning the Indian monetary policy framework

The classical central banker’s dilemma is how to address the growth versus inflation conflict. The prevailing orthodoxy has remained an independent monetary policy using base interest rates as the primary management tool.
4 years ago

Slower markets don't necessarily spell doom & gloom for jobs

Slower economic conditions around the region are certainly impacting our banks and financial services institutions, but that doesn’t mean hiring & recruitment has come to a complete halt. Organisations still need talent to keep operations running and lead them into new growth areas. This requires talent in different shapes and sizes than previously. Shifting sands just means a shift in focus is required to different functions, roles, or skills to meet current market conditions.
4 years ago

Post-bonus season ushers in a flurry of recruitment activity

The second quarter of the calendar year is always a very active period for recruiters, after Chinese New Year and post-bonus season. Whilst candidates normally choose this time of year to open themselves up to new job opportunities, there is a surge in employers requiring specific skill-sets to fill the gaps left behind on top of their existing unfilled vacancies.
5 years ago

A new year signals new jobs

The first quarter of the calendar year is traditionally a peak recruitment season within banking & financial services. The pace of recruitment will speed up with the majority of employers reviewing headcount and planning for the new year that lies ahead. This quarter will also see the payment of annual bonuses, which is preceded by candidates looking out for good opportunities and followed by an influx of roles and recruitment activity as people search for their next role.
5 years ago

Effective delivery of private banking risk and regulatory transformation in Asia

Private banks in Asia are increasingly burdened by risk and regulatory requirements, in fact more so than any other segments within banking. Regulations span numerous dimensions and serve various objectives including investor protection, financial crime prevention, capital adequacy management, taxation compliance, professional code of conduct, and risk management.
5 years ago

Do you need to future-proof your career?

Careers in banking and finance are ever-evolving as constant change in Asia's markets creates demand for new skill sets. Whether changes are caused by new technologies, evolving regulations, or an increasingly competitive landscape, it pays to keep track of hiring trends as a barometer for your own career.
5 years ago

Changing career paths in Asia's banking and financial services sector

As Asia's financial services sector continues to evolve, so too are the opportunities facing banking and finance professionals.
5 years ago

The future of banking: More traditional than you'd think

A combination of traditional banking values and omni-channel seamless customer service will ensure that vanilla commercial banks will always be an important part of the global economy.
5 years ago

Death of the global bank?

In the immediate aftermath of the global financial crisis, a chorus of bankers reaffirmed their commitment to global universal banking because it helped smooth revenue volatility. Since then, a host of regulation, from structural reform to tougher capital and leverage ratios, has changed the game.
5 years ago