Published October 31, 2012
“There are increasing signs of rapid changes in trade flows within Asia”
Takeshi Kunibe, President and CEO of SMBC discusses change in financial institutions, global economic order, technology, response to change, the commercial business model of banking, and future challenges.
Date: Oct 31, 2012
Author: Takeshi Kunibe
Categories: Japan, Payments, Rmb, Trade Finance, Transaction Banking
Keywords: Takeshi Kunibe, SMBC, Lazaro Campos, SWIFT, SIBOS 2012, World Bank
*This is an excerpt of the opening speech made by Takeshi Kunibe, president and CEO, SMBC, at SIBOS 2012 in Osaka. Today, I would like to share with you my thoughts on three areas of change confronting financial institutions and how we should address them. Change in Financial Institutions Regulatory environment The first change is…