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Asia Financial Forum: A Hard Landing for the Chinese Banking Sector?Federal Reserve Bank of San Francisco, Division of Banking Supervision and Regulation, Country Analysis UnitMonday, April 8, 2013 from 12:00 PM to 2:00 PM (PDT)San Francisco, CA |
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Event Details
Frederic Lau
Managing Director
Promontory Financial Group China Ltd.
“A Hard Landing for the Chinese Banking Sector?”
Monday, April 8, 2013, 12-2 pm
at the Federal Reserve Bank of San Francisco, 101 Market St., San Francisco, CA 94105
Discussion:
Frederic Lau will delve into the problems and potential issues in the Chinese banking sector, including government platform financing loans, slower exports and economy, real estate bubble, deregulation of interest rates, shadow banking, weak corporate governance, and weak risk management capability, amongst other issues. He will deliberate whether these problems will result in a hard landing for the banking sector, and consider the challenges ahead.
About Frederic Lau:
Frederic Lau is currently based in Hong Kong as a Managing Director at the Promontory Financial Group China Ltd. Before joining Promontory, Mr. Lau was head of group risk management for Dah Sing Banking Group, a listed financial institution headquartered in Hong Kong. He was also a member of the board of trustees of the Global Association of Risk Professionals. Mr. Lau is currently an independent non-executive director of Ping An Bank. Earlier in his career, Mr. Lau worked for a decade with the Hong Kong Monetary Authority, heading at various times the New York Representative Office, the Banking Policy Division and the Banking Supervision Division. Previously, he worked for nine years with the U.S. Office of Thrift Supervision, where he was the senior examiner-in-charge of the agency’s major institutions division.
Mr. Lau received a Bachelor of Arts in mass communications from California State University-Northridge, and a Master of Arts in economics from California State University-Los Angeles. He earned a Doctor of Philosophy in business management with a specialization in economics from the University of South Australia in Adelaide.
Event Details
Date: April 8, 2013
Time: 12 – 2 pm
Location: Federal Reserve Bank of San Francisco
Price (includes lunch): $50.00
Registration closes: April 1, 2013
Advanced registration is required to participate in the event. Registration is not complete until payment is processed. Completed registrations are non-transferable and non-refundable after April 1, 2013.
For more information or inquiries, please contact Chris Sigur at (415) 974-2895 or christopher.sigur@sf.frb.org
When & Where
Federal Reserve Bank of San Francisco
101 Market Street
San Francisco,
CA 94105
Monday, April 8, 2013 from 12:00 PM to 2:00 PM (PDT)
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Organizer
Federal Reserve Bank of San Francisco, Division of Banking Supervision and Regulation, Country Analysis Unit
The Banking Supervision and Regulation (BS&R) Division’s Country Analysis Unit (CAU) manages the Asia Program, which focuses on issues important to banking in Asia and the Pacific Rim. Asia Program activities are designed to share information on issues and developments in Asian financial sectors with business and community leaders in the 12th Federal Reserve District and more broadly and support the Reserve Bank’s supervisory oversight of Asian foreign banking organizations operating in the U.S. To further its mission, the CAU team organizes Asia Program conferences, symposia, and forums to address current events that may impact banking and regulatory policies. The Unit also publishes the Asia Focus, a periodical discussing a diverse range of topics pertaining to the Asian financial sector.