Asia needs a more joined-up approach to bank resolution Although bank resolution has remained a key topic in the aftermath of the global financial crisis, solutions in Asia seem to be focused on local rather than international concerns. Panellists at a recent Latham & Watkins restructuring seminar in Hong Kong agreed that although Asia was less impacted by the 2008 global financial crisis than other areas, the default of Lehman Brothers' structured notes affected retail investors in Hong Kong and Singapore.
