China

It has been two years since Chinese banks have seen their luck turn sour with raising NPLs and decreasing profits. Preoccupied by other issues – including the collapse of the stock market and a huge loss of reserves after a mini-devaluation – the Chinese government only turned to the banks' situation early this year. Most of the actions taken have been piecemeal and uncoordinated.

He receives the baton from Lawrence Chia.

Asset quality is feared to deteriorate further.

It reached USD3.9tr or 17% of system deposits in 1H16.

Banks are now more sensitive to potential counterparty failure.

True NPL ratio could be as high as 30%.

It's time to clean up the banking sector.

Risks include banks' losses from their own investments.

There are two scenarios to help frame the potential scale of risk and policy solutions.

Find out which types of banks are most vulnerable.

Slower economic conditions around the region are certainly impacting our banks and financial services institutions, but that doesn’t mean hiring & recruitment has come to a complete halt. Organisations still need talent to keep operations running and lead them into new growth areas. This requires talent in different shapes and sizes than previously. Shifting sands just means a shift in focus is required to different functions, roles, or skills to meet current market conditions.

This is following several high-profile defaults in late 2015 and early 2016.

The bank is valued at $50 billion.

The units will be transferred to BOCHK.

Exposure to these asset classes more than quadrupled since 2012.

It would compete with Goldman and UBS.