Although the recent flare-up of financial stability concerns has been a US-Europe story, its reverberations could be global. Economists from across our Asia coverage held a special online briefing about what the turmoil in the banking sector could mean for the region – but also the threat posed by Asia-specific banking risks.
During this 20-minute session, the team addressed key issues, including:
- Why overseas lending by Japan’s banks could come back to bite them;
- Banking system vulnerabilities with Chinese characteristics;
- What the economic fall-out from the US/European turmoil could mean for the region.