Chris Wright

Asia correspondent Euromoney

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Chris Wright is Euromoney’s Asia correspodent. He covers the Asia Pacific region and is based in Singapore. He has previously been Middle East editor of Euromoney, editor of Asiamoney, investment editor of the Australian Financial Review and a correspondent on emerging markets and sovereign wealth for numerous publications worldwide. He has also written three books.

RECENT ARTICLES

Opinion

Australian regulator blocks ANZ-Suncorp but pushes alternative

It is no surprise to find the ACCC blocking ANZ’s takeover of Suncorp. It is eye-catching, though, to see the regulator naming a deal it would prefer to see happen.

Chris Wright, August 07, 2023
Opinion

GIC portfolio mix heralds the top for private equity

Thirty percent of Singapore sovereign fund’s portfolio is in private equity or real estate. Surely this is as good as it gets for private markets.

Chris Wright, July 31, 2023
BANKING

India’s banks show the impact of a buzzing economy and digital uplift

Credit growth is a key driver of stellar earnings from India’s banks as the country completes its recovery from Covid-19, but another driver is digital traction.

Chris Wright, July 24, 2023
Opinion

What Temasek is doing after seven-year low

Temasek, as an equity-only sovereign wealth vehicle, had a bad year. A close look at its portfolio positioning helps us understand what it is doing about it.

Chris Wright, July 19, 2023
Fintech

Africa needs equity capital to drive its digital transformation

What African fintechs need is supportive regulation, local capital and the development of talent. Singapore wants to show them the way.

Chris Wright, June 30, 2023
Fintech

Partnerships are key to driving financial innovation in Africa

Tyme Bank’s experience with grant recipients in South Africa demonstrates the need to link up banking innovation to the real-world requirements of customers.

Chris Wright, June 23, 2023
BANKING

Deutsche and Barclays eye private credit opportunity in wake of Credit Suisse takeover

When Credit Suisse is taken over by UBS, it’s likely that the new parent’s appetite for structured private credit will be significantly different to that of the institution it is absorbing. Two banks in particular are waiting for the opportunity that follows.

Chris Wright, June 19, 2023
Fintech

MUFG launches stablecoin platform as new law takes effect

Japan is the first major market to put a regulatory environment around stablecoins into law.

Chris Wright, June 09, 2023
BANKING

Banking: Indonesia in the sweet spot

Indonesia is one of the world’s brighter prospects right now: growth, demographics, infrastructure momentum, inflation under control, more equity raised in the first quarter in Jakarta than New York. Banks are positioning to benefit – while keeping an eye on next year’s elections.

Chris Wright, May 31, 2023
Opinion

Morgan Stanley surprises in Asian investment banking

How on earth, in this environment, did the bank deliver one of its best-ever quarters in Asia?

Chris Wright, April 26, 2023
Opinion

Lessons from the Rakuten Bank IPO

Tech-related bank deals can still get away, but investors call the shots now.

Chris Wright, April 21, 2023
Opinion

Is Australia’s boring banking model fit for rising rates?

Australian banks adore residential mortgages. But they are ignoring a cohort of people who are going to run into a lot of trouble with repayments.

Chris Wright, April 17, 2023
Opinion

Combining UBS and Credit Suisse in Asia – the potential and the reality

The two bank’s investment banking franchises look enticingly well-matched. But how much business and how many bankers will still be around after the merger?

Chris Wright, April 06, 2023
Opinion

Japan’s banks watch inflation with rising concern

Inflation has returned to the country for the first time in 30 years. As it does so, there is a new face at the helm of the Bank of Japan. What does it mean for the megabanks?

Chris Wright, March 13, 2023
Opinion

How Macquarie took on the world

From small beginnings as the offshoot of a British merchant bank in 1969, Macquarie has become the world’s largest infrastructure asset manager, a powerful investment bank, a global commodities player and several other things besides. It has built all of this through a distinct culture built on risk management, individual empowerment and a capacity for constant reinvention – but it hasn’t always been popular along the way. A new book by Euromoney’s senior editor in Asia Chris Wright and Joyce Moullakis examines the journey.

Chris Wright, February 27, 2023
CAPITAL MARKETS

India’s Adani: Anatomy of a crisis

A day-by-day account of Adani’s stunning collapse in value.

Chris Wright, February 22, 2023
CAPITAL MARKETS

Where does the fallout from the Adani crisis take India now?

A two-week period saw Adani Group attacked by a short seller, abandon a $2.5 billion share offer and lose $100 billion in market value. What next? And what does it mean for Modi’s India?

Chris Wright, February 20, 2023
Opinion

Vision Fund woes paint a bleak picture for tech bankers

Yet another multi-billion-dollar loss on investments in SoftBank’s Vision Funds speaks to a malaise that is hurting the tech teams of investment banks in Asia.

Chris Wright, February 09, 2023
Opinion

India: Adani row strikes at the heart of a tangled political story

A report by a US short-seller hammered the stock of India’s Adani Group companies just as one of them tried to raise $2.5 billion in a follow-on. It was not just Adani under attack here, but Modi’s vision of corporate India.

Chris Wright, January 30, 2023
Opinion

StanChart back in play as Abu Dhabi bid revealed

First Abu Dhabi Bank looked long and hard at Standard Chartered, and others will do the same so long as it’s cheap. But any suitor must win the approval of Temasek.

Chris Wright, January 09, 2023
CAPITAL MARKETS

Sovereign funds lost $1 trillion in 2022 – but where?

A new study attempts to quantify the damage of 2022 for sovereign wealth funds. Beneath the numbers are tumultuous levels of deal activity, as funds tried to take advantage and position for the long term.

Chris Wright, January 05, 2023
CAPITAL MARKETS

Can investors still find an edge in private markets?

Sovereign wealth and pension funds have poured into private and illiquid asset classes over the last 10 years.

Chris Wright, December 21, 2022
BANKING

Stoehr the most senior of Credit Suisse’s Asia exodus

The Greater China CEO represents a loss of seniority, experience and gravitas. And his is not the only exit from the Swiss bank’s Asia operations.

Chris Wright, December 15, 2022
Fintech

What went wrong with the ASX blockchain landmark?

The Australian Securities Exchange took a leap of faith in commissioning Digital Asset to build a blockchain replacement for its clearing and settlement engine five years ago – perhaps too big a leap. Here, Digital Asset’s CEO explains what went wrong and what was learned.

Chris Wright, December 12, 2022
CAPITAL MARKETS

The Philippines gets a sovereign wealth fund

Maharlika Investments Fund looks like it will be a development vehicle that takes Indonesia for inspiration.

Chris Wright, November 30, 2022
CAPITAL MARKETS

CIC had a fine 2021, but how will this year look?

China Investment Corporation’s annual reviews are always out of date, but they provide clues to what is happening now.

Chris Wright, November 28, 2022
BANKING

MUFG’s consumer finance deals show southeast Asia is Japan’s banking future

The purchase of Home Credit’s businesses in the Philippines and Indonesia fits with a trend to seek growth outside Japan.

Chris Wright, November 24, 2022
CAPITAL MARKETS

Have private markets reached saturation?

Sovereign wealth funds have swamped private markets over the last decade, but there are questions whether the pace of investment can continue.

Chris Wright, November 21, 2022
CAPITAL MARKETS

Temasek bares its soul on FTX failure

In a highly unusual step, Singapore’s sovereign wealth vehicle has spelled out how and why it bought into the FTX story.

Chris Wright, November 17, 2022
BANKING

How Georgia turned a neighbour’s war to its economic advantage

The country has one of the world’s best-performing economies with one of the few emerging market currencies to be appreciating against the dollar. It also has large numbers of highly skilled Russians fleeing across the border to avoid conscription. National Bank of Georgia governor Koba Gvenetadze speaks to Euromoney.

Chris Wright, November 16, 2022