Opportunities for the Swift and Strategic

Cover Story 

Opportunities for the Swift and Strategic

As markets emerge or adjust to COVID-19 amid continuing signs of economic recovery, extensive opportunities are developing for Hong Kong and Mainland China banks to reboot their strategies in the months ahead.  While the EY Global Consumer Banking Survey indicates a "high level of faith in the incumbent banks", the Cover Story in this edition of Banking Today takes a close look at the year ahead, and due to multiple extraneous factors, why traditional banks cannot afford to rest on their laurels.

Special Article

Making a Difference: Banking on a Digitally-Driven Sustainable Future

Drawing on more than 30 years of banking experience acquired both locally and overseas, in an in-depth interview with Banking Today, Simon CHUNG, CEO and Managing Director of Fubon Bank (Hong Kong) Limited, outlines why curiosity and the hunger for knowledge are  key success factors for a successful career in the banking sector, how technology is widening the  experience for  the customer and banking professionals and the  business and professional opportunities being created by sustainability and environmental awareness factors.

China World

Financial Services in the Greater Bay Area: the GBA Takes Shape

The scale and pace of the transformation underway in the Greater Bay Area (GBA) is not only breaking new ground in pursuing opening-up on all fronts by linking Hong Kong, Macao and nine Guangdong cities, as our Banking Today China World article explains, this new  era is also enabling the banking sector to push forward with cross-border integration and collaboration.

Fintech

Unlocking ESG Data Transparency with Artificial Intelligence

With the pressure increasing on banks and financial organisations to live up to environmental, social and governance (ESG) principles, a major challenge is determining which criteria to use when measuring the value of ESG. One solution is to utilise AI enables them to search and ingest large volumes of data. Our Fintech article in this edition of Banking Today takes a close look at the various risks and ways that AI can help banking and finance institutions turn their good intentions for ESG into a workable reality. 

Knowledge Plus

Closing the Gap: Tailor-made Programme Designed to Empower Women to the C-suite

In recent years, while significant focus and energy has been concentrated on addressing gender diversity issues in the work environment, it remains a topic of concern across many industry sectors, including banking and finance. Offered as a certificate programme with the Hong Kong Institute of Bankers (HKIB) as the programme administrator, the recently launched Accelerate programme is aimed at  helping senior female leaders in the financial services industry and the wider professional community to speed up  the progression of female talent to senior leadership roles, specifically to c-suite level roles in Hong Kong.

GRC Corner 

Common Prosperity: A Journey to Inclusive Growth

Common prosperity has emerged as one of the most important concepts guiding Mainland China’s policymaking since the topic was first mentioned by President Xi Jingpin in the second half of 2021.  As the Common Prosperity policies intended to narrow Mainland China’s wealth gap develop, Our GRC Corner article in this edition of Banking Today defines what common prosperity means, why Beijing is promoting the idea now, how it fits into the country’s long-term economic outlook and what common prosperity could mean for Hong Kong.