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Asia-Pacific Region
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Asian Banking in Challenging Financial Times
On June 25, 2009, the Federal Reserve Bank of San Francisco held a symposium entitled “Asian Banking in Challenging Financial Times.” The symposium was part of the Country Analysis Unit’s Asia Program, which aims to share information on issues and developments in Asian financial sectors with business and community leaders in the 12th Federal Reserve District and more broadly. This Asia Focus provides a brief summary report on the discussions held at that symposium. A complete video record of each of the panel sessions is available here.
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The Banking Supervision and Regulation department’s Country Analysis Unit closely analyzes Asian financial sector developments to support the Reserve Bank's oversight of the U.S. branches and subsidiaries of 22 Asian banks. Because conditions in home markets can affect these banks' abilities to support their U.S. operations, Reserve Bank staff monitor not only the financial strength of Asian parent banks, but also the quality of Asian bank regulatory systems and the potential impact of broader economic, political, and social trends. |

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