> Global banking: Foresights and insights (Series III)
Global banking: Foresights and insights (Video III)Putting together the global banking puzzle
Given the widespread shake-up in banking regulations, global bankers face a jigsaw puzzle-like set of challenges, including a repositioning of risk management, a need for technology investments to satisfy regulators and customers and new Tier I capital requirements. Professionals from Ernst & Young and Wharton offer insight on these issues.
Repositioning risk management (Part 1 of 7): How should banks reposition risk management within their governance structure to empower themselves and to satisfy regulators?
The difference between a customer-driven and bottom-line approach (Part 2 of 7): What does it look like when banks want to become more customer-focused?
Technology investments and employee training (Part 3 of 7): Meeting all the new regulatory requirements will take a new level of information technology prowess – and investment.
Front-end technology investments (Part 4 of 7): Managing data with agility will be a prerequisite for pursuing new growth opportunities.
Will banks continue to pursue complex investment vehicles or focus on core competencies? (Part 5 of 7): Some customers will still require complex instruments. But what are the capital implications for the bank regarding how it prices the product and what can work for the investor?
Tier I capital reserve requirements in Basel III (Part 6 of 7): Under Basel III, countries deemed to have an asset bubble of some kind would have to raise reserves. Is such a system workable?
The outlook for global and regional banks (Part 7 of 7): There is a lot of uncertainty in the market when it comes to regional economies, regulations, and new growth markets. How can banks fit all the pieces together?
Putting together the global banking puzzle (full video): Given the widespread shake-up in banking regulations at all levels, global bankers face a jigsaw puzzle-like set of challenges, including a repositioning of risk management, a need for technology investments to satisfy regulators and customers, and new Tier I capital requirements. Professionals from Ernst & Young and Wharton offer their views on these and related issues.
Session moderator
Steve Sherretta, Knowledge@Wharton editor
Panelists
Ian Baggs Global Banking & Capital Markets Deputy Leader, Ernst & Young
Marcel van Loo EMEIA Banking & Capital Markets Leader, Ernst & Young
Mauro Guillén Professor of Management, The Wharton School
Planning for growth
Detailed reports on the implication for key functions and processes