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Risk managers warn of emerging geopolitical crisis in Asia
Risk Live: Rising political tension between China and Taiwan has bank risk management teams on high alert
![Us-China-Taiwan-tensions Us-China-Taiwan-tensions](/sites/default/files/styles/landscape_750_463/public/2023-06/China-Taiwan-tension.jpg.webp?itok=rNrhZBmw)
A senior risk manager at a large global bank has urged the industry to take seriously the possibility of a major geopolitical crisis in Asia.
“The signals we see point very much to the threat of nationalistic politics, for instance in Asia,” said Kanwardeep Ahluwalia, co-head of global markets risk at Bank of America.
Asia has not seen a full-scale military conflict in decades, but the same was true of Europe before Russia’s invasion of Ukraine, he noted.
“As we see on our doorstep, human
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