editorial-contents-r1:AMM grid in qxp 12/24/09 9:46 AM Page 4
ASIAMONEY DEC2009/JAN2010
CORPORATE GOVERNANCE POLL
62 Asia’snewkingsofclarity
Ayearofmarketvolatilityhadamajorimpactonthepercep-
tionofcorporategovernancestandardsamongAsia’scompa-
nies.Somebusinessesshowedmarkedimprovementin
ASIAMONEY’sCorporateGovernancePoll,whileothersfell
away. Bernice Lamreports.
WEALTH MANAGEMENT FOCUS
68 Asia’swealthmanagementleaders
debatehottopics
AtthePrivateWealthManagementForumAsiarunby
EuromoneySeminars,industryfiguresdiscussedthechallenges
theyfaced,includingtransparency,regulation,payandrewards.
Andinapaneldiscussion,businessleadersdiscussedopportuni-
tiesinChina’sprivatebankingmarketplace.Leigh Powell
reports.
ISLAMIC FINANCE FOCUS
71 Dubai’sescapefromdefaultescalates
sukukuncertainties
Thestate’spropertydeveloperreceivedamassivebailoutfrom
AbuDhabitospareitfromdefaultingonUS$10billionofdebt.
DAIWAUNDERADEADLINE
Butsomeobserverswouldliketohaveseenthedefaultproceed
tothrowsomelightonthemurkyenvironmentofinvestor
CEOShigeharuSuzukihasamajorchallenge
rightsinsukukdeals.Chris Wright reports.
tobuildtheJapanesebrokerage'sbusinessat
homeandinAsiaamidfiercecompetition.
REGULAR FEATURES
Page 28
6 MARKET WRAP
RegulatorsinChinaandIndiawarnbankstoproperlycapitalise
themselves,whileJapaneseinstitutionspreparehugecapital-
raisingequityissues.Australia’ssenaterejectscarboncutpro-
posals,butSouthKorea’sgovernmentpledgestocutitscarbon
emissions.
8 OPINION
Bankshavetoimprovetheirprivatebankingadviceamida
changingfinanciallandscape,whilethedesireofChinesecom-
paniestobuyabroadassetscouldbenefitthetargetnations.
12 INVESTMENT BANKING & EQUITIES
DeutscheBankpartswayswithaseniorequitysalesperson
whileBankofEastAsia'sdeputyCEOtalksabouthisChinalist-
ingplans.
16 FIXED INCOME
MorganStanleyembarksonfixedincomeexpansionandCalyon
predictsavolatiletimeforfixedincomein2010.
19 ASSET AND WEALTH MANAGEMENT
DeutscheBankbolstersitsSouth-eastAsiaprivatebanking,
andSarasinstealsUBS'sIndonesiawealthmanagementteam.
THEDANGERSOFDUBAI’SNEAR-DEFAULT
74 RESEARCH REPORT
Thecity-state'seleventhhourrescuefroma
Followingavolatile2009,whichcountriesandsectorsofferthe
US$10billionsukukdefaultraisedmore
mostpotentialandwhichfacethelargestchallengesin2010?
questionsthanitanswered.
76 FINAL WORD
Page 68
Theregionmayhavedodgedthisglobalfinancialcrisis,but
unlessregulatorswiseupitwon'tbesoluckynexttime
around.
4 DEC2009/JAN2010 ASIAMONEY
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