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 senior DBS banker says the Singapore bank has embraced a client-focused digital ecosystem approach. Meanwhile, there appears to be trouble in paradise at a blockchain developer.
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.
Germany’s leading bank says it will now redouble its focus on corporate clients. The pressure should now intensify on Deutsche Bank’s Asia-focused corporate bankers.
The French bank intends to boost its presence in China and the Asia Pacific region. It's promoting three senior staff and poached two from Deutsche Bank.