The issue of currency depreciation has been discussing in Taiwan for a long time.This is because Korea has successfully depreciated Won assisting export to overtake Taiwan a few years ago.Why can't Taiwan Dollar (TWD) be depreciated in line with Korean Won?
As discussed in a previous post, the fragmented nature of Asia Pacific’s financial services market leads to numerous challenges for banks when trying to create a standardised approach to the processing of corporate actions.
Last week, we took a look at how international banking brands are engaging as many of their customers’ senses as possible, in as pleasurable a way as they can, as a key to creating loyalty through an engaging customer experience. This week, we will take an overview of how bank brands in Asia are actually implementing these principles in practice.
Asian-based banks are aggressively expanding their Affluent/High Net Worth (HNW) banking value propositions in light of growing economic prosperity and affluence within the region.
Last week the Indian Central Bank took us by a surprise with some of the retrograde steps which calmed down the unrest in the fixed income and equity market.
Head of Financial Supervisory Commission in Taiwan has been replaced in July. In his inauguration speech, Mr. Tseng M.J. pointed out that cross boarder business development will be his priority for upgrading Taiwanese financial institutions.
Consultants and others who have perfected the art of talking a lot without saying anything (and getting paid for their efforts) are frequently in the habit of referring to "paradigm shifts", even if not everyone is sure what "paradigm" actually means.
The retail and hospitality industries have long cottoned on to the fact that enhancing the customer’s 360 degree experience of a brand are ninth tenths of the battle for market share.
Financial services institutions (FSIs) are among the most data driven of all businesses. Operating under strict regulatory environment, commercial banks and insurance companies are required to store and process many years of transaction data. The pervasiveness of electronic trading has also meant that the capital market firms both generate and act upon hundreds of millions of messages and data every day.
To cope with an increased number of large distributed denial of service attacks, banks must not only have plans in place - they should consider a broad set of defensive tools that combine on-premise technologies and cloud-based scrubbing services.
Over the past couple of years, the issuance of offshore RMB bonds has soared, with levels expected to reach the equivalent of 360 billion yuan this year. To address the growing interest from international investors, a number of markets - in particular Taiwan and Singapore - have established offshore RMB centres in an attempt to capture a share of this lucrative business.
In the fourth and final part of a special series of reports regarding conduct risk consumer protection regulations, we focus on some of the tactical implementation activities that will be required to demonstrate commitment to the fair treatment of customers.
Commentary
What you must know about CNH's onshore deregulation and offshore expansion
What you must know about CNH's onshore deregulation and offshore expansion
Should Taiwan join the race of depreciaiton?
Why RMB globalization is still a long way off
Overcoming Asian fragmentation to improve standardisation and automation
Will Qianhai jeopardize Hong Kong’s position?
Reforming business compliance for the APAC banking industry
Why we should rethink the ethics of finance
Why customer 'sensation' is important in Asian retail and premium banking (Part 2)
Unlocking the synergies between Affluent/HNW and SME banking
Indian Central Bank issues liquidity infusion
Here are the key challenges for the new authority of finance in Taiwan
Why linking central bank base interest rate to unemployment level is unwise
Why customer 'sensation' is important in Asian retail and premium banking (part 1)
Analytics help fuel growth & detect fraud in the financial sector
4 things banks need to know about DDoS attacks
RMB offshoring gathers pace
What Asian banks need to know about customers' trust and fair treatment (Part 4)