The overarching theme of the Asian Bankers' Counsel Poll
(see page 12) is in-house teams struggling to keep up with
their bank's growth in the region. How much would you agree
Paul Browne: The Asian market has grown a
lot in recent years with an increase in the complexity of
financial products, as well as investors becoming more
sophisticated. That's naturally led to a higher workload for
in-house teams and a general increase in the need for
expertise. So it's not surprising that banks are finding in
certain areas that they are pushed. It varies from house to
house. Some have been more pro-active in terms of their
investment in this than others.
Do you think it's a case of the legal teams trying to keep
up with the front office, or the disparate nature of the
region? PB: That's a good question. As you say,...