Chapter 3

The Banking Networks of Asian Financial Centers

David R. Meyer,    Olin Business School, Washington University in St. Louis, Campus Box 1133, One Brookings Drive, St. Louis, MO 63130-4899, USA    E-mail: dmeyer24@wustl.edu

Abstract

The banking networks of Asia’s financial centers have 19th-century roots. As colonial powers, especially the British, moved into Asia, they organized a banking network built around Hong Kong as Asia-Pacific center and Singapore as Southeast Asia center. The Hongkong and Shanghai Bank was a key part of this network and present-day HSBC (its namesake) retains a similar organization. The central feature of banking networks is the integration of the Chinese and foreign networks. Global commercial and investment ...

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