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  • The conglomerate ownership of the largest banks in the Philippines is coming under greater scrutiny as the regulator and even the International Monetary Fund express concern. Increased foreign ownership is one way to reduce the risk, but that strategy presents its own challenges. Peter McGill reports.
  • A range of credits from India, Malaysia and Greater China stormed the Asian debt market on Thursday, vying for investor attention.
  • In the 26th annual FX Poll, Asiamoney invited senior management, senior treasury and financial executives from listed companies, SMEs, banks, fund management firms and other financial institutions to rate their top five FX providers in Asia-Pacific.
  • In just a few days, the renminbi will be officially included in the International Monetary Fund’s Special Drawing Rights basket — a move widely seen as a validation of the currency’s internationalisation. But the actual impact of the development on fund flows is expected to be limited, market participants told GlobalRMB.
  • Taiwan life insurers are addicted to long dated callable private placements. But what was once a beneficial habit, is no longer offering juicy returns. As yields continue to slide, the Taiwanese MTN market is having to adapt to the changing environment, writes Jonathan Breen.
  • Renminbi bonds in Taiwan had a spectacular run for most of last year. But a new age of renminbi volatility combined with weaker regulatory momentum has put the market on hold in 2016. Nevertheless market participants agree that the renminbi promise remains an enticing one. Paolo Danese reports.
  • Thailand has ambitious plans to plug its infrastructure gap but before these investments can take off, funding must take centre stage. Project bonds are one way to overcome this. Asiamoney speaks to a group of leading market participants about how the Kingdom’s domestic liquidity can be harnessed to fund infrastructure developments, and why project bonds make sense for both issuers and investors.
  • The Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg has approved the covered bond prospectus of PKO Bank Hipoteczny and the issuer has mandated leads for a roadshow.
  • In a heated testimony before the House Financial Services Committee, Federal Reserve chair Janet Yellen faced accusations that banks were effectively being told to steer clear of the capital markets.
  • A high profile group of US housing finance experts has called for a merger of Fannie Mae and Freddie Mac with the aim of creating a single government owned mortgage finance entity.
  • Bookrunners priced a subprime consumer ABS offering from home appliance chain Conn's Inc. on Wednesday afternoon.
  • SSA
    The London Stock Exchange this week moved to deflect a mounting list of European Commission concerns about its proposed merger with Deutsche Börse by saying it would consider selling off its LCH SA French clearing business.