Hong Kong

He will discuss the lack of consensus on digital at the 2017 Banking Forum in Hong Kong.

He will be one of the panelists at the 2017 Banking Forum in Hong Kong.

He will join the panel discussion on banks and fintechs.

He will also join the panel discussion on the impact of digital banking on physical bank branches at the 2017 Banking Forum.

Jimmy Chan says real-time cross-border payment progresses in line with the international development of e-commerce. Jimmy Chan, chief operation officer and head of operation management department at ICBC (Asia), has over 30 years of experience in major international banks including The Chase Manhattan Bank, ABN-AMRO Bank, OCBC Bank, CITIC Industrial Bank (China), CITIC Bank International, DBS Bank, and ICBC (Asia) Ltd. He currently serves as a member of various committees at the Hong Kong Association of Banks: Consultative Council, Financial Services Delivery Channel Committee, and the Consultative Committee on Deposit Protection Scheme. He is also a member of the board of directors of the HKEX-OTC Clearing Limited. Chan will be one of the panelists who will discuss Real-time Cross-Border Payments in Asia at the upcoming Banking Forum 2017 in Hong Kong. Chan believes that the cross border real time payment is actually developed in line with the international e-commerce development. He says it was originated from the USA with gurus like eBay, Amazon. “When they sell products over the internet, a real time cross border payment mechanism has been evolving to satisfy the need for immediate clearance and settlement against product delivery. The application is further enhanced by the Chinese market and has since developed into even more powerful platform and much bigger market, like the Alipay from TaoBao and the Wechat Pay from Tencent. This development poses a threat to commercial bank which is the traditional provider of cross border remittance product. The Forum can discuss on the relationship between traditional banks and these third party payment providers, competition and cooperation,” he adds. The 2017 Banking Forum will be held on July 26 at the Conrad Hong Kong.

She will be one of the speakers at the 2017 Banking Forum in Hong Kong on July 26. Priscilla Dell’Orto is a principal in Bain & Company’s Hong Kong office. She is also a leader in Bain’s global Financial Services and Customer Strategy & Marketing practices. She has deep experience with customer loyalty and the Net Promoter System (NPS) across a number of industries in Asia, with a focus on retail banking and insurance. She is actively involved in the development of Bain’s next generation NPS tools. Dell’Orto earned an MBA from NYU Stern School of Business. She is a graduate of Università Commerciale Luigi Bocconi, Milan, where she received her BA in International Economics and Management. Dell’Orto will be one of the speakers at the upcoming Banking Forum 2017 in Hong Kong. She will be talking about Loyalty in Banking in an Increasingly Digital World. Find out more about her in this short Q&A: What are your previous experiences and positions held that contributed to who you are as a banking expert today? As a Principal at Bain & Company I’ve primarily focused on the Financial Services industry. Over the past 8 years I have advised a number of Financial Services clients globally – including banks – helping them to address some of their toughest business challenges related to strategy, customer experience and loyalty, IT and digitalization, performance improvement, organisational redesign, and change management.

Direct lending by banks to developers increased 23.6% in March.

It is led by 12 committees, each dedicated to a particular branch of FinTech. The FinTech Association of Hong Kong (FTAHK) was officially launched on June 27 in an event that was attended by over 300 guests from across the local FinTech community and other industries.

But risk and regulation will remain a key focus.

But credit growth will still slow over the next quarters.

Exposure hit 29.3% of system-wide assets as of March 2017.

But impact is expected to be manageable.

As the HKMA raised risk-weighted floor to 25% for new residential loans.

Find out what the extended relationship means for Citi's cardholders.

According to a release, Mr Patrick K W Chan will resign as Executive Director of Hang Seng Bank and will cease to be Head of Greater China of the Bank with effect from 1 May 2017 in order to pursue other new interests. Mr Chan has confirmed that he has no disagreement with the Board and that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Bank.

Commerzbank has made two new appointments to serve its global financial institutions network and international corporates franchise.