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~ Ebook Banking in Asia: The End of Entitlement, by Dominic Casserley, Greg Gibb, The Financial Institutions Team

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Banking in Asia: The End of Entitlement, by Dominic Casserley, Greg Gibb, The Financial Institutions Team

Banking in Asia: The End of Entitlement, by Dominic Casserley, Greg Gibb, The Financial Institutions Team



Banking in Asia: The End of Entitlement, by Dominic Casserley, Greg Gibb, The Financial Institutions Team

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Banking in Asia: The End of Entitlement, by Dominic Casserley, Greg Gibb, The Financial Institutions Team

Banking in Asia: The End of Entitlement The late 1990s has seen a turning point in Asian banking. The golden days of easy money and booming profits have come to an abrupt end. What was effectively the age of entitlement in Asia banking is over, and a new era is about to begin. Asia's new banking environment will see a revamped financial industry requiring fresh formulas for success, resulting in a new competitive balance among domestic and global players. This remarkably detailed analysis, drawing on the authors' years of work with leading local and international commercial and investment banks in the region, highlights the long-term challenges, opportunities, and changes which will shape Asian banking well into the first decade of the 21st century. The 21st century is often positioned as "the Pacific Century". Without an effective and efficient banking industry in Asia, it will be no such thing. Covering major businesses and banking markets in Asia, highlights include:
* Corporate Banking: Big Profits Among the Risks
* Investment Banking: No Escape from Global Trends
* Trading in Asia: Back to the Basics
* Private Banking: A Miracle for a Few
* Japan: Modernizing the System, Mobilizing the Wealth
* China: Sustaining a Careful Balance
For anyone involved in the future of Asian banking, this should be a compulsory read.

  • Sales Rank: #4245670 in Books
  • Published on: 1999-05-26
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.35" h x 1.11" w x 6.32" l, 1.10 pounds
  • Binding: Hardcover
  • 438 pages

From the Inside Flap
Banking in Asia is remarkably detailed analysis of Asia's banking systems that highlights the long-term challenges, opportunities, and changes that will shape Asian banking well into the first decade of the 21st century. Contents include: Part I: New Challenges in Asia
* The End of Entitlement
* No Asia, Just Asian Markets
Part II: Winning in Key Businesses
* Corporate Banking: Big Profits Among the Risks
* Investment Banking: No Escape from Global Trends
* Asset Management: Positioning for Profits
* Private Banking: A Miracle for a Few
* Retail Banking: The Masses Will Enrich Many
Part III: Winning in Key Countries
* Hong Kong and Singapore: Managed Consolidation
* Taiwan: Focusing for Victory
* Southeast Asia's Big Four: Reinventing for the 21st Century
* Japan: Modernizing the System, Mobilizing the Wealth
* Korea: A New Order in the Making
* China: Sustaining a Careful Balance
* India: Struggle for Freedom
Part IV: Conclusion
* Building Winners in the New Asian Markets

From the Back Cover
Banking in Asia: The End of Entitlement The late 1990s has seen a turning point in Asian banking. The golden days of easy money and booming profits have come to an abrupt end. What was effectively the age of entitlement in Asia banking is over, and a new era is about to begin. Asia's new banking environment will see a revamped financial industry requiring fresh formulas for success, resulting in a new competitive balance among domestic and global players. This remarkably detailed analysis, drawing on the authors' years of work with leading local and international commercial and investment banks in the region, highlights the long-term challenges, opportunities, and changes which will shape Asian banking well into the first decade of the 21st century. The 21st century is often positioned as "the Pacific Century". Without an effective and efficient banking industry in Asia, it will be no such thing. Covering major businesses and banking markets in Asia, highlights include:
* Corporate Banking: Big Profits Among the Risks
* Investment Banking: No Escape from Global Trends
* Trading in Asia: Back to the Basics
* Private Banking: A Miracle for a Few
* Japan: Modernizing the System, Mobilizing the Wealth
* China: Sustaining a Careful Balance
For anyone involved in the future of Asian banking, this should be a compulsory read.

About the Author
DOMINIC CASSERLEY is a director of McKinsey & Company, based in Hong Kong. During his 16 years as a management consultant, he has helped financial services clients around the world address their most pressing strategic, organizational, and operational challenges. He has worked in Asia since 1994, serving multinational and local commercial banks, investment banks, and insurance companies. He is the author of Facing Up to the Risks: How Financial Institutions Can Survive and Prosper, which was published in 1991 in the U.S. and subsequently in Japan, Korea and China.

GREG GIBB, a senior consultant with McKinsey & Company's Hong Kong office, has served financial institutions in Asia and the U.S. since 1992. He has worked extensively with leading family-owned, regional commercial, and global investment banks to design and execute strategies tailored in Asia.

Most helpful customer reviews

7 of 8 people found the following review helpful.
A fine piece of work
By A Customer
Dull title. Boring cover. Impenetrable first paragraph. Yet this is the best book on finance in Asia since I came to the region, twelve years ago.
Its greatest strength is combining highly readable broad-brush portraits of recent events and figures (such as Philip Tose), with a McKinsey consultant's overview of the significant trends in finance in Asia - market share, industry trends, etc - a broad view, with a quantitative edge which would not typically be available to the journalist. Such a perspective is highly unusual in Asia (which isn't, anyway, well written about). Well executed, well conceived. Rather reluctantly, I have to admit that I stayed up all night to finish it. Congratulations.

2 of 2 people found the following review helpful.
Great overview of financial services in Asia!
By CFS
As a marketer of technology products to the financial services industry, I found this text extremely useful in developing a go to market strategy for Asia. Excellent qualitative analysis and suprising amount of quantitative detail. The best (only) overview for anyone wanting to understand financial services in the countries of the Asia Pacific region.

See all 2 customer reviews...

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