Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
Sonal Priyanka has been hired away from BAML as Societe Generale’s new regional head of trade for global transaction banking Southeast Asia, India, and Middle East.