The global economy today is in a precarious situation, facing a number of very serious threats and challenges. 10 years of unconventional monetary policies and low interest rate regimes have allowed global debt has reached to $246 trillion as of July 2019 (320% of global GDP). Economic growth prospects are highly sensitive to any reversal of these policies, and we face additional threats from the current geo-political situation, through continuing political uncertainty, trade tensions, and volatility in commodity and currency markets.

In this session, we will hear from leading policy makers and economists on the prospects for the global economy, the tools that are available to address these threats, and the impact for the banking industry.

Today, we are witnessing a digital revolution, with new technologies being developed and adopted at an alarming pace. Technology is transforming the economic landscape, and disrupting many traditional business models, including the banking industry. We can see the impact of technology and innovation on the banking today, not only transforming how financial transaction are conducted, but also opening up the sector to new risks and challenges.

In this session, we will hear from experts on the impact of technology on the banking industry, how different stakeholders are responding, and the new threats that the industry now faces.

Going forwards, it is clear that the classical banking operating models are become less and less relevant for the industry. Customer expectations are fundamentally changing and technology is opening new ways to bank. Banks can no longer continue to operate as they have been in the past, and must explore new ways of banking to remain relevant going forwards.

In this session, we will hear from leaders in the banking industry on the key trends impacting the banking industry, and how the industry needs to evolve to remain relevant in the future.

The modern banking industry today is facing unprecedented challenges, from global economic threats to changing customer demographics, and from changing technological landscape to increasing competition from FinTech and Big Tech firms. Traditional banks will need to evolve to remain central to the banking industry, or risk being pushed to the fringes, if not being disrupted altogether.

In this session, we will hear from leading policy makers, economists and industry leaders on the next stage of evolution for the banking industry, and what the future holds.