FIS Summit Series: Asia

Key issues for Financial Institutions, 10 years after Lehman

Difficult Lessons and Critical Dialogue

A decade ago, on 15 September 2008, Lehman Brothers filed for bankruptcy protection, reinforcing fears that the global financial system faced imminent collapse.

Fast forward to today.

We know from our clients that there has never been a more challenging time to be operating in financial markets. We understand that to deliver best value we must actively engage our clients' concerns from a global perspective. We want you to be part of that conversation.

In the week that sees the 10th anniversary of the fall of Lehman Brothers, we will be hosting a half-day summit in Hong Kong to kick start our global series of events engaging on the financial institutions conversation.

We are proud to have assembled a world-beating team of clients, market commentators and our partners from across five continents to drive the discussion of the business critical issues currently facing financial institutions. From Hong Kong, the team will move on to New York and London to engage with your colleagues across the globe.

Ten years on from Lehman, much has changed:

  • Overhaul of regulation of financial institutions around the world
  • An end to "IBORs", triggering the need to deal with billions of dollars of legacy instruments and to handle the fallout of regulatory probes and ensuing class actions
  • Too good to be true? Potentially exaggerated claims made for the benefits to be brought by application of technology to finance
  • Loss of market share to nimble, unregulated new competitors and those taking advantage of market access through open banking reforms
  • Evolution of products, such as green and sustainable finance
  • Neither frictionless trade in goods nor delivery of services can be taken for granted - the political agenda is tracking away from the comfortable consensus that held sway in the run up to the 2008 crisis

Please contact Lily Hui or Cecilia Cheung directly should you wish to receive more information.

Hong Kong Law Society CPD points are being applied for and a certificate of attendance will be available upon request.

Breakout Sessions

FIS Horizons

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