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“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.

Oct 31, 2012 | Takeshi Kunibe

*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 in our regulatory environment. Some of you here today may have participated in SIBOS 2008, held in Vienna. It was on 15 September, during the SIBOS event, that Lehmann Bros filed for bankruptcy protection,…

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Categories: Japan, Payments, Rmb, Trade Finance, Transaction Banking
Keywords: Takeshi Kunibe, SMBC, Lazaro Campos, SWIFT, SIBOS 2012, World Bank
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