In Focus
Charoen makes a play for Asian bancassurance market
                                                                                                 
                        
                        	Thai billionaire Charoen Sirivadhanabhakdi moves to take over ING's insurance units in Asia.
                    
                                        
                    
                HSBC to sell its $9.3b stake in Ping An Insurance
                                                                                                 
                        
                        	Ping An to be divested despite its profitability.
                    
                                        
                    
                China to tackle renminbi convertibility
                                                                                                 
                        
                        	Deregulation also necessary to carry out financial reforms.
                    
                                        
                    
                Chinese bank NPLs set new record for scariness
                                                                                                 
                        
                        	Total NPLs jump to US$77 billion in Q3.
                    
                                        
                    
                Thai banks urged to tone down advertisements
                                                                                                 
                        
                        	Unduly influencing the public to borrow.
                    
                                        
                    
                Vietnam's bank chief to be grilled over irresponsible NPL comment
                                                                                                 
                        
                        	361 requests for formal explanation.
                    
                                        
                    
                Thailand's SCB fortifies Myanmar biz, eyes China
                                                                                                 
                        
                        	Regional integration in Asean.
                    
                                        
                    
                Japanese banking system gets Moody’s upgrade
                                                                                                 
                        
                        	Rating is now stable from negative.
                    
                                        
                    
                Singapore banks on track to post 6-8% earnings growth in FY12
                                                                                                 
                        
                        	DBS is Nomura's top pick.
                    
                                        
                    
                Bad loans threaten China’s recovery
                                                                                                 
                        
                        	A tsunami of bad loans could sink many Chinese banks.
                    
                                        
                    
                Malaysia's Maybank penetrates Laos market
                                                                                                 
                        
                        	No less than the Prime Minister!
                    
                                        
                    
                Big Four have a bad year
                                                                                                 
                        
                        	The Big Four could see profitability plunge to 5%.
                    
                                        
                    
                StanChart set for another good year
                                                                                                 
                        
                        	Operating profit grew less than 10%, however.
                    
                                        
                    
                Hong Kong banks to suffer from profit decline post QE3
                                                                                                 
                        
                        	Banks will struggle to write new mortgages to offset an annual repayment rate of ~15%.
                    
                                        
                    
                China's depressing corporate deposits growth to eventually close to zero
                                                                                                 
                        
                        	From 18% in 2002 to 9% in Sep 2012 to -1% in 2021.
                    
                                        
                    
                Indian banks stagger under NPAs
                                                                                                 
                        
                        	Indian banks face more NPAs.