Asia investment banks risk cannibalising themselves

Author: | Published: 20 Dec 2010

Investment banks need to calm down their efforts to boost business in Asia or risk failure.

In-house counsel in Hong Kong have warned investment banks are cannibalising each other in terms of capital by involving themselves in deals for virtually nothing in a bid to prove their success in the region.

“They need to accept that the tougher regulatory environment post-crisis has made it harder to do business and as such, it could take up to five years to succeed in the region,” said one investment bank’s regional general counsel in Hong Kong....



close Register today to read IFLR's global coverage

Get unlimited access to for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice


*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb