Best Bank for Asia, EM Asia and EM Emea: HSBC

HSBC continues to dominate EM space in Asia and Europe

Hossein Zaimi at HSBC
Hossein Zaimi, HSBC

Challenges surrounding liquidity conditions have been a defining feature of 2015, when monetary policy divergence from the world's major central banks also started to play out. Expectations for the US Federal Reserve to raise rates have pushed up demand for dollars all year, at the same time as liquidity providers have been reducing the capital they devote to market-making.

The situation has been especially difficult in emerging markets, which are less liquid than their G10 counterparts at the

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