Banking in Asia: The End of Entitlement [Hardcover]

Dominic Casserley (Author), Greg Gibb (Author), The Financial Institutions Team (Author)

Book Description

Publication Date: May 26, 1999 | ISBN-10: 0471831921 | ISBN-13: 978-0471831921 | Edition: 1

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.

Editorial Reviews

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.

See all Editorial Reviews

Product Details

• Hardcover: 438 pages
• Publisher: Wiley; 1 edition (May 26, 1999)
• Language: English
• ISBN-10: 0471831921
• ISBN-13: 978-0471831921
• Product Dimensions: 9.1 x 6.1 x 1.2 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #3,548,529 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

7 of 8 people found the following review helpful:

5.0 out of 5 stars A fine piece of work, May 28, 1999

By A Customer

This review is from: Banking in Asia: The End of Entitlement (Hardcover)

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:

5.0 out of 5 stars Great overview of financial services in Asia!, August 13, 2001

By 

Charles (Charlotte, NC) - See all my reviews

This review is from: Banking in Asia: The End of Entitlement (Hardcover)

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.