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FT Banking Summit 2016

Security, Agility and Resilience in Volatile Times

London |
Speakers include:
Patrick Jenkins

Patrick Jenkins

Financial Times

Kweku  Adoboli

Kweku Adoboli

Jes Staley

Jes Staley

Barclays

Overview

For many banks, attempts to get the banking sector “back to normal” after the 2008 financial crisis have felt like the curse of Sisyphus; their boulders made all the heavier by regulatory demands, public opinion and outmoded IT systems. Yet, despite the (cautious) optimism shown by the US Federal Reserve’s interest rate raise, the banks’ burdens show no sign of easing.

The brutal market gyrations that accompanied the start of 2016 were as sudden as they were perplexing. Was China’s economic slow-down the principal cause? What role was played by the oil price slump? Was geo-political nervousness about international terrorism or Russian expansionism a factor, too?

As the big banks have been on the defensive, rapid technological advances have thrown open new market opportunities for new challengers and FinTech start-ups. While some laud these advances as healthy of evidence of the free market, spurring revolution in once-sleepy banking services, others prophesy the genesis of the next financial crisis.

In recent days, however, these crises and challenges have faded into seeming insignificance, as the world wakes up to a post-EU Britain and a post-Britain EU. Beyond its impact on the global stock exchange and the downgrading of the UK’s credit rating, this new upheaval has led to major political instability on both sides of the channel. Yet, whilst figures such as Angela Merkel seek to downplay the EU’s desire to punish the UK others seem far less inclined to leniency, and the financial sector must survive in limbo, preparing for potentially radical changes in trade tariffs, freedom of movement, taxes and interest rates.

Against this background, striking the right balance between political appeasement, investment, retrenchment and regulation – both in the UK and EU – will be vital. To cope in this environment will be challenging enough. To thrive will demand all the agility and resilience the banks can muster.

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fallback Add to my Calendar 11/16/2016 08:00:0011/16/2016 19:30:00trueFT Banking Summit 2016For many banks, attempts to get the banking sector “back to normal” after the 2008 financial crisis have felt like the curse of Sisyphus; their boulders made all the heavier by regulatory demands, public opinion and outmoded IT systems. Yet, despite the (cautious) optimism shown by the US Federal Reserve’s interest rate raise, the banks’ burdens show no sign of easing.The brutal market gyrations that accompanied the start of 2016 were as sudden as they were perplexing. Was China’s economic slow-down the principal cause? What role was played by the oil price slump? Was geo-political nervousness about international terrorism or Russian expansionism a factor, too?As the big banks have been on the defensive, rapid technological advances have thrown open new market opportunities for new challengers and FinTech start-ups. While some laud these advances as healthy of evidence of the free market, spurring revolution in once-sleepy banking services, others prophesy the genesis of the next financial crisis.In recent days, however, these crises and challenges have faded into seeming insignificance, as the world wakes up to a post-EU Britain and a post-Britain EU. Beyond its impact on the global stock exchange and the downgrading of the UK’s credit rating, this new upheaval has led to major political instability on both sides of the channel. Yet, whilst figures such as Angela Merkel seek to downplay the EU’s desire to punish the UK others seem far less inclined to leniency, and the financial sector must survive in limbo, preparing for potentially radical changes in trade tariffs, freedom of movement, taxes and interest rates.Against this background, striking the right balance between political appeasement, investment, retrenchment and regulation – both in the UK and EU – will be vital. To cope in this environment will be challenging enough. To thrive will demand all the agility and resilience the banks can muster.FT-Banking-Summit-201667b03fb95a7cda3bd5f463fbcbf9140dMM/DD/YYYY

Chaired by (1)

Patrick Jenkins

Patrick Jenkins

Financial Editor
Financial Times

Patrick Jenkins has been Financial Editor and Assistant Editor at the Financial Times since 2014. In this role, he shapes the FT’s overall financial coverage, with a focus on financial services and investment. He works closely with the editors of Markets, Lex, FT Money, FTfm and the financial services team. He also contributes to leader writing and comment, while continuing to write for the Inside Finance column.

Previously, Mr Jenkins was Banking Editor from 2009 until 2014, leading the 10-strong global financial services reporting team. Prior to this he was Companies Editor, and before that Editor of International Company News. Prior to taking up this post, Mr Jenkins spent four years in Germany as Frankfurt Correspondent for the FT. He joined the FT Group in 1996 editing the newsletter FT world insurance report, before becoming a UK companies reporter in 2000.

Keynotes (4)

Kweku  Adoboli

Kweku Adoboli

Kweku Adoboli began his career at UBS Investment Bank as an Analyst Training Programme in Operations. In 2006, he became a trader on the ETF and Index Swaps Desk within the Equities Business and in 2011 took responsibility for losses incurred by the bank amounting to USD 2.2billion. Pleading not guilty to six counts of False Accounting and Fraud by Abuse of Position, Mr Adoboli was convicted on two counts of Abuse of Position and sentenced to 7 years in prison.

Since his release from custody in 2015 after serving a full term, Mr Adoboli has volunteered his time helping young adults consider their future life choices whilst helping traders, compliance officers and senior managers at City institutions bring context to issues of cultural and systemic behaviour in the finance industry. He wants to help others understand what happened at UBS and is keen to share the lessons his experience presents to the finance industry.

Mr Adoboli came to the UK at the age of 12 having previously grown up in the Middle East as a young boy. Educated at Ackworth Quaker School in West Yorkshire, he eventually became Head Boy before going on to study Computer Science and Management at Nottingham University.

Jes Staley

Jes Staley

Group Chief Executive
Barclays

Jes Staley joined Barclays as Group Chief Executive on 1 December 2015. Mr Staley has nearly four decades of extensive experience in banking and financial services. He worked for more than 30 years at J.P. Morgan, initially training as a commercial banker, and later advancing to the leadership of major businesses involving Equities, Private Banking and Asset Management, and ultimately heading the company’s Global Investment Bank. Most recently, he served as Managing Partner at BlueMountain Capital.

Mr Staley holds a BA in Economics from Bowdoin College.

Bill  Winters

Bill Winters

Group Chief Executive
Standard Chartered

Bill Winters was appointed to the Board of Standard Chartered PLC as Group Chief Executive on 10 June 2015, having joined the Group in May 2015. 

Mr Winters has had a distinguished career in banking, having spent 26 years with JP Morgan in diverse leadership roles, becoming co-Chief Executive Officer of the investment bank in 2004 until he stepped down in 2009. He was the only career banker to be invited to be a committee member of the Independent Commission on Banking, established by the UK government in 2010 to recommend ways to improve competition and financial stability in banking. Subsequently, he served as advisor to the Parliamentary Commission on Banking Standards and was asked by the Court of the Bank of England to complete an independent review of the bank’s liquidity operations. He founded the hedge fund Renshaw Bay in 2011 where he was Chairman and CEO until he stepped down from the company on appointment to the Standard Chartered PLC Board.

Mr Winters was previously a non-executive director of Pension Insurance Corporation plc before stepping down in October 2015. He is an independent non-executive director of Novartis International AG.

He holds a Bachelor’s degree in International Relations from Colgate University and an MBA from the Wharton School at the University of Pennsylvania.

He was awarded the title of Commander of the Order of the British Empire (CBE) in 2013.

Martin Wolf CBE

Martin Wolf CBE

Chief Economics Commentator
Financial Times

Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”. He was a member of the UK government’s Independent Commission on Banking between June 2010 and September 2011. Mr Wolf is an honorary fellow of Nuffield College, Oxford University, Corpus Christi College, Oxford University and King’s College, London. He is also an honorary professor at the University of Nottingham. In 2014, he was made a University Global Fellow of Columbia University, and a Senior Fellow in Global Economic Policy at its School of International Public Affairs. He is a member of the International Media Council of the World Economic Forum.

Mr Wolf has been included in Foreign Policy’s list of the Top 100 Global Thinkers. In 2019, he received the Gerald Loeb Lifetime Achievement Award for distinguished business and financial journalism. He has also won the Wincott Foundation senior prize for excellence in financial journalism, the RTZ David Watt memorial prize, the Journalism Prize of the Fundacio Catalunya Oberta (Open Catalonia Foundation), Commentator of the Year at the Business Journalist of the Year Awards, the “Ludwig-Erhard Preis für Wirtschaftspublizistik” (“Ludwig Erhard Prize for economic commentary”), and “Commentariat of the Year” at the Editorial Intelligence Comment Awards. The Society of American Business Editors and Writers recognised Mr Wolf in its Best in Business Journalism competition. He has also won the Ischia International Journalism Prize and the Overseas Press Club of America’s prize for “best commentary on international news in any medium”.

His most recent publications are Fixing Global Finance (Washington D.C: Johns Hopkins University Press, and London: Yale University Press, 2008 and 2010) and The Shifts and The Shocks: What we’ve learned – and have still to learn – from the financial crisis (London and New York: Allen Lane, 2014). Mr Wolf was educated at Oxford University. He has honorary doctorates from Kingston University, Macquarie University, the London School of Economics, Warwick University and KU Leuven.

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Moderators (5)

Martin Arnold

Martin Arnold

Deputy Companies Editor
Financial Times

Martin Arnold is the Deputy Companies Editor, prior to which he was the FT’s Banking Editor from 2014 to 2018 during which time he led the global coverage of banks and oversaw the financial services reporting team. His two previous jobs were Deputy Companies Editor, helping to oversee corporate coverage, and Private Equity Correspondent, when he won the BVCA award the BVCA award for “Private Equity Correspondent of the Year” in 2007. Before that, he spent five years as Paris Correspondent, covering the French political scene, the presidential elections, and several industry sectors including finance. Early on in his career he covered technology for FT.com in London, and worked in New York covering consumer industries during the dotcom boom and bust of 1999-2000.

Caroline  Binham

Caroline Binham

Financial Regulation Correspondent
Financial Times

Caroline Binham covers the gamut of financial regulation for the FT, from benchmark-rigging scandals to ringfencing. She is also head of the FT's professional services team. She was previously the FT's award-winning legal correspondent, with a particular focus on white-collar crime. Prior to joining the FT in 2011, Ms Binham covered financial regulation during the crisis at Bloomberg News. In a previous journalistic life, she worked at Conde Nast for titles including Tatler and Traveler. She has lived and worked in Paris, Rome and New York.

Joy Macknight

Joy Macknight

Managing Editor
The Banker

Joy Macknight is Managing Editor at The Banker, having previously been Deputy Editor and Technology Editor, covering transaction banking, fintechs and technology. Previously, she was Features Editor at Profit & Loss, a foreign exchange and derivatives magazine and conference producer. Before that, she was Editorial Director at Treasury Today and Editor at gtnews, which cover corporate treasury. She also worked as a staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly. She has a BSc from the University of Victoria, Canada.

Brooke Masters

Brooke Masters

Comment and Analysis Editor
Financial Times

Brooke Masters was appointed Comment and Analysis Editor for the Financial Times in 2018. Previously she was an Assistant Editor, Companies Editor and Chief Regulation Correspondent. In the latter role she covered the UK Financial Services Authority and worked with reporters around the world to cover global financial regulation and white- collar crime cases. Prior to this, she was the City Correspondent covering banking, stockbroking and asset management with a secondary focus on London’s international competitiveness. Before that she wrote for the Lex column and served as a senior business reporter in the FT's New York office covering the intersection of law and business.

From 2002 to 2006, Ms Masters reported on Wall Street and white-collar crime for the Washington Post and followed New York Attorney General Eliot Spitzer's various investigations. This led to her 2006 book, Spoiling for a Fight: The Rise of Eliot Spitzer, which was published in both hardback and paperback editions by Henry Holt. Ms Masters spent an additional 13 years at the Washington Post in Washington and Virginia, covering criminal justice, education and politics. She has also written extensively about espionage, capital punishment and terrorism. Ms Masters graduated summa cum laude from Harvard University with a degree in History. She also earned a Master's of Science in Economic History with distinction from the London School of Economics.

Silvia Pavoni

Silvia Pavoni

Economics Editor
The Banker

Silvia Pavoni is the Economics Editor of The Banker, a publication of the Financial Times group, for which she writes a monthly column on environmental, social and governance principles and sustainable finance, as well as overseeing the Bracken and Viewpoint opinion pages and the Americas coverage. She is also an honorary fellow in the department of economics at City University of London and an adviser to not-for-profit organisation WILL, Women in Leadership in Latin America.

Since joining the Financial Times in 2005, Silvia has been on assignment to over two dozen countries, reporting with both written and filmed pieces. She regularly interviews government officials, policy makers and finance professionals at the highest level and chairs and presents at conferences and panel discussions in the UK, where she is based, and overseas. Silvia holds a BSc in Economics and Finance from Ca' Foscari University of Venice.

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Speakers (33)

Khaleel  Ahmed

Khaleel Ahmed

Chief Investment Officer
International Finance Corporation (World Bank Group)

Khaleel Ahmed serves as Chief Investment Officer at the International Finance Corporation. In this role Mr Ahmed is responsible for leading investments in emerging markets, including banks and financial services firms; Islamic financial institutions; funds; equity investments; new product development; transactions with high level complexity or risk; and risk sharing facilities with banks and FIs. In addition to these areas, he is also responsible for establishing platforms to manage third party debt funds at the global and regional levels.
 
In his time at the International Finance Corporation, Mr Ahmed has spearheaded investment in Islamic financing, as well as setting up the organisation’s Global SME Facility, MENA SME Facility, and the Global Indexed Insurance Facility. Prior to joining the IFC, Mr Ahmed was in charge of merchant banking operations for National Development Finance Corporation in Pakistan. He has also worked at Price Waterhouse in London and is qualified as a Chartered Accountant. Mr Ahmed holds a BSc in Economics from the London School of Economics and Political Science.

Morten  Baltzersen

Morten Baltzersen

Director General
Finanstilsynet (Financial Supervisory Authority of Norway)

Morten Baltzersen has served as the Director General of Finanstilsynet since 2011, overseeing the supervision of financial companies within Norway in line with Norwegian financial regulations and international accounting standards. Prior to this role, he held a number of roles in the Norwegian Ministry of Finance, including Director General of the Budget Department, Deputy Director General of the Economic Policy Department, Head of Financial Markets Section, and Head of the Monetary Policy Division.

In addition to his work at the Ministry of Finance, Mr Baltzersen has served as Counsellor for Economic Affairs of the Norwegian Mission to the European Union and Director of Market Operations Department for Norges Bank. 

Anne Boden

Anne Boden

CEO and Founder
Starling Bank

Anne Boden is CEO and founder of Starling Bank. Prior to Starling, she was Chief Operating Officer of Allied Irish Banks Plc and Head of EMEA, Global Transaction Banking across 34 countries for RBS and ABN AMRO. She has more than 30 years experience in banking, having begun her career at Lloyds Bank, before moving on to Standard Chartered Bank and then UBS in Zurich. She was recently recognised as one of the Global Power Women in FinTech. She holds a BSc in Computer Science and Chemistry, an MBA and is a Fellow of the Chartered Institute of IT.

Philippe  Bodereau

Philippe Bodereau

Managing Director and Portfolio Manager
PIMCO

Philippe Bodereau is a managing director and portfolio manager in the London office and global head of financial research. He is also the lead analyst for global financial institutions. Prior to joining PIMCO in 2004, he was a senior banking analyst at Société Générale in London and Paris. Mr Bodereau started his career at J.P. Morgan in 1996, where he held various positions in the private banking and global markets divisions in Brussels and London. He has 20 years of investment experience and holds a master's degree in finance from French business school EDHEC. 

Marco	 Bressan

Marco Bressan

Chief Data Scientist
BBVA

Marco Bressan is the global lead for Analytics & Quality at BBVA and is the Chairman of BBVA Data & Analytics. This includes the promotion and development of data services, algorithms, data-centric operations and analytic practices within the group. In this role, he is leading BBVA’s transformation to become a data-driven organisation.

Prior to BBVA, Dr Bressan was Chief Innovation Officer, Transportation and Government for Xerox Corporation where he developed smart sensor systems, real-time public transit analytics and data-driven transportation solutions.
Dr Bressan was also responsible for the Services Innovation Laboratory at Xerox Research Centre Europe. Some of the key competencies within the lab were analytics and optimization, machine learning, social network analytics, ethnography, services & cognitive computing and services economics.

As a researcher his background is in data science, statistical pattern recognition, machine learning and computer vision. Over 30 scientific publications, 11 patents and a number of new services and products are the result of his research work.

Dr Bressan holds a BA in Applied Mathematics from the University of Buenos Aires, a M.Sc. in Computer Vision from the Computer Vision Centre in Spain and a Ph.D. in Computer Science and Artificial Intelligence from the Autonomous University of Barcelona.

Edward  Budd

Edward Budd

Chief Digital Officer, Global Transaction Banking
Deutsche Bank

As Chief Digital Officer for Deutsche Bank’s Global Transaction Bank (GTB) Edward Budd leads the strategy and planning for digital business models. This encompasses running a digital product management discipline that engages the market and executes a portfolio of projects including those on disruptive technologies such as distributed ledger technology, Fintech and beyond.

Over almost two decades Mr Budd has performed a broad range of leadership and transformation roles both in Deutsche Bank’s Investment Bank (1998-2010) and GTB (2011-Present) including  “Head of eCommerce, Distribution Product Development/Autobahn, CIB” and “Head of Product Strategy & COO for Product Management, GTB”.

In 2015 he was selected as one of the ‘Rising Stars’ in Brummel’s third annual Ones to Watch/Rising Stars awards, acknowledging outstanding talent in London’s financial-services sector and related fields.

Andrea  Enria

Andrea Enria

Chairperson
European Banking Authority

Andrea Enria is the first Chairperson of the European Banking Authority (EBA). He took up office on 1 March, 2011 and is serving a term of five years. He represents the EBA and is responsible for preparing the work of the Board of Supervisors and chairs its meetings as well as those of the Management Board.

Prior to taking up this role, Mr Enria was the Head of the Regulation and Supervisory Policy Department at the Bank of Italy. He had previously served as Secretary General of the Committee of European Banking Supervisors (the EBA's predecessor). In the past, he also held the position of Head of Financial Supervision Division at the European Central Bank. Before joining the ECB, he worked for several years in the Research Department and in the Supervisory Department of the Bank of Italy.

He holds a BA in Economics from the Bocconi University and an MPhil in Economics from the University of Cambridge.

Bridget  Gandy

Bridget Gandy

Co-head EMEA Financial Institutions
FitchRatings

Bridget Gandy is Co-head of the Fitch Ratings’ EMEA Financial Institutions Group. She moved back to Fitch’s Financial Institutions Group in 2009 from its Credit Policy Group where she was responsible for accounting research. Prior to spending four years in the Credit Policy Group, Ms Gandy had been in Fitch’s Financial Institutions Group for 12 years, culminating in directing Regional coverage of banks in Germany, Switzerland, Austria, Central and Eastern Europe. She earned a BA in German and Politics from the University of Bristol. She is a chartered accountant and was a member of the FSB’s Enhanced Disclosure Task Force (EDTF), which was established to improve banks’ risk disclosures.

Jan Hammer

Jan Hammer

Partner
Index Ventures

Jan Hammer is a Partner at Index Ventures, a multi-stage international venture capital firm with investments in 39 cities across Europe, US and Israel.  He is particularly focused on financial services at Index, a core sector for the firm with more than two dozen active investments. Mr Hammer works directly with the founders of Adyen, Robinhood, Credit Benchmark and Transferwise and others, all companies that Index backed at Seed stage or when raising their Series A. Prior to joining Index, he worked at General Atlantic and Morgan Stanley. He holds an MBA with Distinction from INSEAD, and is a graduate of Oxford University.

David Harvey

David Harvey

Principal Consultant, Banking and Securities Practice
NTT Data Services

David Harvey is a senior consultant in the Banking & Securities Practice at NTT Data Services, Formerly Dell Services, with responsibility for domain expertise, consulting, relationship management and business development across EMEA.

In over 30 years working in the banking industry, he has worked for small banks, Tier 1 banks, mutuals, de novo & niche banks, across the United Kingdom and Australia.

Mr Harvey is passionate about building and helping banks grow their business. Aware of the pivotal role that technology plays in banking, he has spent the last 15 years working on banking technology and applying a pragmatic ‘hands on’ approach to launching new banks, major core engine transformation projects, risk management, channel omnification, social media presence & insight, enterprise simplification and much more.
Within Dell, Mr Harvey leads the Banking & Securities practice for EMEA, engaging and advising ‘C’ level executives on building a new way of thinking and digital re-invention to adapt and prosper in this new digital age.

Dr. Marc  Hofmann

Dr. Marc Hofmann

Chief Information Security Officer
SWIFT

Dr. Marc Hofmann took up his position as SWIFT’s Chief Information Security Officer in November 2016. Dr. Hofmann joined SWIFT from Deutsche Bank where he held various CISO roles, most recently as Regional Chief Information Security Officer for the UK and Ireland. He has more than 20 years’ experience in security and risk management. Prior to working at Deutsche Bank, he held a number of IT security roles, among others at Ernst & Young. Dr. Hofmann holds a PhD in economics with a focus on banking regulation, IT and risk management. He is also a member of the Permanent Stakeholders Group (PSG) of the European Union Agency for Network and Information Security (ENISA) since November 2017.

Richard  Horne

Richard Horne

Cyber Security Partner
PwC UK

Dr Richard Horne is Cyber Security Partner for PwC UK, responsible for developing its range of Cyber Security services and taking them to market in all industry sectors. Prior to joining PwC, he was Managing Director of Cyber Security for Barclays PLC; responsible to the Barclays Board for ensuring management of cyber security risk across the Barclays Group.

Dr Horne was seconded from Barclays to the UK Cabinet Office for 2011, to help shape and drive the national plan for Cyber Security – both across government and the wider economy. Prior to the secondment, he built and led the range of operational cyber security capabilities required to protect Barclays retail and commercial banking systems and electronic data globally. Previously, he was Chief Operating Officer for the global IT operations of the Retail and Commercial Bank.

Prior to joining Barclays, Dr Horne was Head of Electronic Commerce and Security Services for Global Crossing UK, after leading development of cryptographic services for Racal. He holds a PhD in Mathematics from Royal Holloway, University of London, and has represented the UK on security matters to the OECD, the European Commission and the International Standards Organisation. He serves on a number of advisory boards for academic institutions and technology startup companies in Cyber Security, including Ionic Security and Nok Nok Labs, and he served on the advisory board of PGP Corporation prior to its acquisition by Symantec.

Dr Horne is regularly sought for media comment on cyber security issues. He has appeared on CNN and BBC (TV and radio), and is often quoted in the FT, Times, Telegraph and business publications.

John  Hourican

John Hourican

CEO
Bank of Cyprus

John Hourican has served as CEO and Member of the Board of Directors of Bank of Cyprus PCL since 2013. In this role Mr Hourican has led the transformation of Bank of Cyprus from its exit from resolution, through a €1 billion recapitalisation and now preparations for a London listing.

Prior to this he worked in a variety of roles including Chief Executive of the Global Banking & Markets Division at Royal Bank of Scotland and Chief Financial Officer & Member of the Management Board of ABN AMRO Group.

Mr Hourican qualified with a BA in Economics and Sociology from the National University of Ireland, and a Post Graduate Diploma in Accounting from Dublin City University. He is a Fellow of the Institute of Chartered Accountants in Ireland.

Michael  Jackson

Michael Jackson

General Partner
Mangrove Capital Partners

Michael Jackson joined Mangrove Capital Partners as a Partner in 2007, after a 25 year career in the Telecom industry. During those years, he had the opportunity to work for, grow and start a dozen different businesses.

At Mangrove, his first role is to lead the company’s effort in the Mobile space. As well as big ideas, Mr Jackson searches for the passion, drive and ambition in a founding team, and a genuine reason why they believe they can dominate their sector. He also uses his previous experience in fast-growing environments to help companies scale and develop their revenue-generating activities.

Mr Jackson grew up in the UK. Upon completing his graduate training at the BBC, he launched into startup land, as lead engineer at the first competitive phone company in the UK, which sold to Vodafone. After this he moved to Denmark, and launched nine mobile operations and two ISPs across Europe with Tele2. All were high growth operations with millions of paying customers. Some were very successful, others less so. Mr Jackson then joined the founding team of Skype, which he had met at Tele2. As the Chief Operating Officer of the company, he was responsible for rapidly growing an idea into a well managed multi-million dollar business.

After 15 years living in Denmark, Mr Jackson now lives in Luxembourg, but travels every week and weekend around Europe to meet existing and potential companies. As well as Mangrove, he currently serves on the boards of Churchdesk, Riddle, Waratek and CiteeCar. He graduated with honours from University College London with a degree in Communications Engineering.

Rob  Jesudason

Rob Jesudason

Group Executive, International Financial Services
Commonwealth Bank

Rob Jesudason is the Commonwealth Bank’s Group Executive, International Financial Services (IFS). He is responsible for managing the Group’s offshore growth in retail and commercial banking, digital banking and life insurance in China, India, Indonesia, Vietnam and South Africa, and is based out of Hong Kong. Focused on financial inclusion through digital banking and financial literacy, Mr Jesudason leads a team across Asia and South Africa to help bring to life the Group’s vision to excel at securing and enhancing the financial wellbeing of people, businesses and communities. With experience working and living in Asia, Europe, Africa, and Americas, Mr Jesudason brings strong expertise, unique perspectives, and a genuine passion for bringing financial services to more people worldwide. This is evidenced by the Group’s recent investment in Take Your Money Everywhere (TYME), a South African startup technology services company, which Mr Jesudason now leads. Mr Jesudason was also recently included in FinTech Asia’s 100 list, signifying the work going on across the Group to make Asia one of the most exciting fintech spaces globally. Mr Jesudason joined the Commonwealth Bank of Australia (CBA) in December 2011 as Group Executive, Group Strategic Development, and was responsible for the Group Strategy and M&A teams. He was also responsible for the group-wide One CommBank and Productivity initiatives, and was a non-executive Director and the shareholder representative of ASB Bank in New Zealand. Prior to CBA, Mr Jesudason worked at Credit Suisse where he was Head of Global Emerging Markets within the Financial Institutions Group (FIG) investment banking practice. In this role he was responsible for the FIG’s teams across APAC, CEEMEA and Latin America; and also advised CBA on its acquisition of Bankwest in 2008. Before Credit Suisse, Mr Jesudason worked at JPMorgan where he was a Managing Director in the Asian Special Situations Group responsible for investments in financial services, and at Barclays as Global Head of Corporate Development. Earlier in his career, Mr Jesudason worked at GE Capital, both in their European and Japanese M&A teams, as well as within their insurance business. He was also an Associate Principal in McKinsey's Corporate Finance and Strategy practice. He holds a Bachelor of Science in Managerial and Administrative Studies from the University of Aston in Birmingham, UK.

Martina King

Martina King

CEO
Featurespace

Martina King has been CEO of Featurespace since 2012. Featurespace is the global leader in Adaptive Behavioural Analytics and delivered via the machine learning ARIC platform for managing fraud, risk and compliance.

In addition to serving as the former Managing Director of augmented reality company Aurasma, Ms King has an extensive career in media technology, including leadership roles at Yahoo! Europe and Capital Radio. She is non-executive director of Debenhams, and was named as one of the Top 40 powerful women in tech by Silicon Republic.

Eric  Knight

Eric Knight

Founder and CEO
Knight Vinke Asset Management

Eric Knight is the Founder and CEO of Knight Vinke Asset Management, a deep value investor and leading activist fund manager with offices in London, Zurich and Monaco.

His investment philosophy is driven by the conviction that in this age of low yielding financial assets, large cap equities represent one of the few classes of liquid investment that are capable of providing  sustainable returns for longer term investors. That being said, many large caps – particularly banks – have become so large and powerful that not only their boards but also their shareholders and regulators are incapable of keeping them in check. The consequences can be devastating and this is why governance truly matters. 

Having started his career in 1981 working in corporate finance at Merrill Lynch, Mr Knight has 35 years of investment experience, of which 20 as a specialist in “committed” (or activist) investing.  He is a Swiss citizen, and was educated at Eton, Cambridge and MIT’s Sloan School of Management.

KVIP, the firm’s flagship fund for institutional investors, was launched in 2003 and is well known for proactively defending investors’ interests by engaging with some of the world’s largest public companies: Royal Dutch Shell, ENI, HSBC, GDF-Suez, UBS … and most recently E.ON, which is currently in the process of splitting into two independent public companies. The firm’s Global Value Fund (GVF) was launched in late 2015 in order to make the strategy available to a broader universe of investors including family offices and private individuals. 

Martina Soledad  Martinez Peria

Martina Soledad Martinez Peria

Division Chief, Macro-Financial Division, Research Dept.
International Monetary Fund

Maria Soledad (Sole) Martinez Peria currently serves as the Division Chief of the Macro Financial Division in the IMF Research Department. She holds this position on external leave from the Development Research Group of The World Bank until February 2018. In her current role, Ms Peria manages a team of economists responsible for conducting research on macroeconomic and financial issues critical to Fund surveillance activities, with a focus on macro-financial linkages, financial flows, and financial systems. Her published work has focused on access to finance, banking financing for SMEs, currency and banking crises, depositor market discipline, financial inclusion, foreign bank participation in developing countries, the impact of remittances on financial development and the spread of the Global Financial Crisis. In addition to the International Monetary Fund and The World Bank, Ms Peria has worked at the Brookings Institution, the Central Bank of Argentina, and the Federal Reserve Board. She holds a PhD in economics from the University of California, Berkeley and a BA from Stanford University.

Sylvie  Matherat

Sylvie Matherat

Chief Regulatory Officer
Deutsche Bank

Sylvie Matherat became a member of Deutsche Bank’s Management Board in 2015. She is the bank’s Chief Regulatory Officer in charge of regulation, compliance and anti-financial crime. She joined Deutsche Bank in 2014 as Global Head of Government & Regulatory Affairs.

Ms Matherat came from Banque de France where she was Deputy Director General and responsible for regulation and financial stability issues, payment and settlement infrastructures, banking services, and the Target 2 Securities project. Ms Matherat previously held various positions at the Banking Supervisory Authority and in the private sector. She studied Public Law and Finance at the Institut d’Etudes Politique de Paris, and holds an MA in Law and Political Sciences. She was awarded the Legion d’Honneur in 2014.

James Maudslay

James Maudslay

Senior Manager, Financial Services and Insurance Field Development, EMEA Vertical Marketing
Equinix

James Maudslay joined Equinix as a specialist Subject Matter Expert in September 2012. Mr Maudslay has worked in the financial services industry in London since 1989, at a variety of organisations ranging from brokers Holman Wade Limited, to Lloyd’s of London in-house reinsurance company Centrewrite, to The Euclidian Group where he served as Group Information Manager – effectively IT Director.  He then moved onto the service side Financial Services joining software house the Wildnet Group in 2005 and then onto Colt Technology Services in 2009.  

Originally joining Equinix to head the company’s expansion into the insurance sector, Mr Maudslay now has vertical responsibility for the whole of financial services in EMEA, but works closely with Equinix’s Americas and APAC teams in developing the Company’s colocation, enterprise and ecosystems businesses across all financial services markets. He holds a Master’s Degree from City University, London, and has been a Fellow of the Chartered Insurance Institute (FCII) since 2000. 

Alex  McCracken

Alex McCracken

Managing Director of Global Markets
Silicon Valley Bank UK

With over 20 years’ experience in financing technology companies at all stages of growth, Alex McCracken joined Silicon Valley Bank in 2010. Since that time he has worked closely with technology companies and the venture capital community to deliver financial services and debt solutions, and to leverage Silicon Valley Bank’s extensive global network to help companies succeed.

Prior to joining Silicon Valley Bank, Mr McCracken was an Investment Manager at venture capital fund TTP Ventures, where he invested in and managed a number of portfolio companies, including Teraview, CamSemi and Wayve. In 2001, he co-founded TISS Ltd. to develop a range of security systems for commercial vehicles. As Managing Director, Mr McCracken raised several rounds of venture capital funding and helped TISS to grow, achieving worldwide sales to global logistics companies including TNT, DHL, UPS and Mercedes. He successfully exited the business in 2007. Mr McCracken holds an Investment Management Certificate from the UK Society of Investment Professionals.

Phillip  Monks

Phillip Monks

CEO
Aldermore

As the founding CEO of Aldermore, Phillip Monks has a long-standing track record in championing small and medium-sized businesses and British economic growth. He created Aldermore just as the banking crisis took hold and worked to build a straightforward bank to meet the pressing needs of underserved UK SMEs and homeowners, at a time when incumbent banks were reducing lending and savers were hit by the low interest rate environment. Mr Monks has led Aldermore from its creation to a successful stock market listing in seven years, with net lending approaching £7.1 billion and more than 850 staff in nine regional offices. The bank’s lending growth has been achieved organically by understanding customer needs and then providing suitable straightforward support, rather than through acquiring existing lending portfolios. Aldermore takes a human approach to lending ensuring that no customer receives a 'computer says no' response to their request. It has no branch network but serves customers and intermediary partners online, by phone and face-to-face. Previously Mr Monks has worked for Europe Arab Bank, and for Barclays Bank in a variety of senior corporate and private banking roles. He currently represents retail banks on the Financial Conduct Authority’s Small Business Practitioners Panel. In June 2016 Mr Monks was awarded an OBE in the Queen’s Birthday Honours List for his services to banking. He graduated from City University, London in 1982 with a BSc (Hons) in Civil Engineering and in 1985 from Henley Management College with an MBA. 

Brian  Norton

Brian Norton

Co-Founder and CEO
Future Finance

Brian Norton is co-founder and CEO of Future Finance, Europe’s largest private student lender.

The business was founded with a simple mission: that no deserving student should be denied a productive education merely for financial reasons. Since kicking off just over 2 years ago, Dublin-based Future Finance has lent more than £40m to nearly 6,000 fantastic students from over 150 UK universities, and recently launched in Germany.

A serial entrepreneur, Mr Norton set up his first business from a dorm room at university with a buggy MacBook and some basic HTML. Originally from Chicago, he received an AB from Harvard and an MBA from UCLA.

Yifat  Oron

Yifat Oron

CEO
LeumiTech (subsidiary of Bank Leumi)

Yifat Oron is the CEO of LeumiTech, Leumi Group's high-tech banking subsidiary. In her role, Ms Oron is responsible for leveraging Leumi Group's global capabilities and offerings to support high-tech companies' financing needs.

Ms Oron has over twenty years of experience working with technology companies, in venture capital, banking and consulting. She spent most of her career as a Partner at Vertex Ventures (an Israeli-based venture fund with over $700 million of capital under management), where she invested and served as a board member of early stage technology companies in the Semiconductors, Enterprise IT and Cleantech sectors.

Prior to joining Vertex, Ms Oron was a technology investment banking associate at JPMorgan Chase & Co. in New York where she analyzed mergers and acquisitions, equity offerings, fixed income and syndicated financings. Previously, she spent three years at the Directorate of R&D of the Israeli Ministry of Defense where she achieved the rank of Lieutenant in the Economics, Budget & Control Department.

At the age of 34, Ms Oron was selected as one of the promising "40 Under 40" in the High-Tech and VC category by Israel's leading economic newspaper.

Ms Oron holds an MBA from Tel-Aviv University and a BSc in Economics and Management from the Israel Institute of Technology. 

Kosta  Peric

Kosta Peric

Deputy Director, Financial Services for the Poor
Bill & Melinda Gates Foundation

Kosta Peric is a technologist whose interests lie at the point of fusion between technology, finance and innovation. He is the author of "The Castle And The Sandbox", a book explaining how to foster innovation in established companies.

Mr Peric is currently Deputy Director, Financial Services for the Poor, at the Bill & Melinda Gates Foundation, where he leads the team that focuses on digital payments. From governance through business models to technology, from ideas through architecture to development, he oversees the strategy and grants to deliver secure, reliable and affordable digital payment solutions.

Previously, he was the co-founder and leader of Innotribe, the SWIFT initiative to enable collaborative innovation in the financial industry. At SWIFT, he was also the chief architect of SWIFTNet, the backbone worldwide secure network currently connecting 8,000 banks and 1,000 corporations, and servicing daily the world economy.

Steve  Purser

Steve Purser

Head of Core Operations
European Union Agency for Network and Information Security (ENISA)

Steve Purser joined the European Union Agency for Network and Information Security (ENISA) in December 2008 and is currently responsible for all operational activities of the Agency. He is a member of several Steering Boards and Advisory Committees, including notably the Steering Board of the CERT EU and the Programme Board of the EU Cyber Crime Centre. In the area of standards, he is the ENISA representative on the ISO SC 27 working group. As Head of Core Operations, he regularly represents ENISA in international conferences on information security.

Mr. Purser started work in 1985 in the area of software development, subsequently progressing to project management and consultancy roles. From 1993 to 2008, he occupied the role of Chief Information Security Officer for a number of financial institutions. He was a co-founder of the 'Club de Securité des Systèmes Informatiques au Luxembourg' (CLUSSIL) and has frequently published articles in the specialised press. He is also the author of  'A Practical Guide to Managing Information Security' (Artech House, 2004).

Mr. Purser was born in the UK and attended the universities of Bristol and East Anglia where he obtained a BSc. in Chemistry and a PhD in Chemical Physics respectively.

David  Raw

David Raw

Deputy Director, Banking and Credit Team
HM Treasury

David Raw has been the Deputy Director for Banking and Credit in HM Treasury since October 2015. Prior to that Mr Raw held a number of posts, including as Deputy Director in the Office of Cyber Security in the Cabinet Office, and worked on four Budgets and Autumn Statements as a key member of the Treasury’s central team

Barnabas Reynolds

Barnabas Reynolds

Global Head, Financial Services Industry Group,
Shearman & Sterling

Barnabas (Barney) Reynolds is Head of the Financial Services Industry Group at Shearman & Sterling and is also a member of the firm's executive group. He advises all types of financial market participant as well as governments on the London, European and global markets. He focuses on financial institution law, regulation and legal risk management, both domestically and cross-border. Barney is also immersed in the development of law, regulation and policy. He created and developed the model for Enhanced Equivalence, adopted by the UK Government for its future relationship with the EU, and subsequently by the EU itself. He also published detailed draft Treaty and legislative texts for Enhanced Equivalence. He was a member of the Star Chamber of lawyers advising on legal aspects of Brexit. He has also published “The Art of the No Deal” (Politeia,November 2017), in which he set out detailed work-arounds for a no-deal Brexit outcome across all financial industry sectors, which are in use in most firms across the City and beyond. He has given evidence before numerous parliamentary committees. He has also helped various countries in setting up new legal and regulatory regimes, most notably Abu Dhabi’s ADGM just over three-and-a-half years ago, which is now financial centre number 26 in the world (Z/Yen index).Barney advises financial market participants on navigating the impact and implementation of EU and UK regulatory developments, such as EMIR 2.1 and 2.2, BRRD2, the new EU IPU requirements for non-EU banks and large investment firms and the expansion of the UK's Senior Managers and Certification Regime.

Simon  Samuels

Simon Samuels

FT Opinion Contributor and Senior Fellow
Cass Business School

Simon Samuels retired from his role as a Managing Director at Barclays, based in London, in October 2014. In that capacity he was head of the equity research team covering the European bank sector, having joined Barclays in 2009 from Citigroup where he fulfilled a similar role for 12 years. At Citigroup and at Barclays his team was ranked in the Top 3 in every major investor survey for a decade and a half, and he was individually ranked the number one bank analyst across Europe in 2011, 2012 and 2013, according to both the Institutional Investor and Thomson Extel investor surveys.

Mr Samuels provides consultancy services to leading banks, is a Senior Fellow at Cass Business School and is a member of the Financial Stability Board Task Force examining bank financial reporting. He is a former member of the World Economic Forum group examining deleveraging trends globally. Mr Samuels has presented frequently to regulators and governments around the world, at major industry conferences and regularly publishes opinion pieces in the FT and elsewhere covering topics such as risk and capital.

At Barclays he was extensively involved in the formation and equity market delivery of the group strategy over several years, working closely with the Group Executive and Non-executive directors, in particular the Group CEO and CFO, as well as business specific ExCo. Prior to Citigroup he worked at Dresdner Kleinwort Benson, Merrill Lynch and M&G. Prior to that he qualified as a Chartered Accountant at PricewaterhouseCoopers and holds a BSc in Economics from the London School of Economics.

Davide Serra

Davide Serra

Founder and Chief Executive Officer
Algebris Investments

Davide Serra is the Founder and CEO of Algebris Investments, a global asset management boutique that manages Long Only and Hedged strategies in Credit, Equity and Non-Performing Loans, with a focus on Global Financials. Founded in 2006, Algebris currently manages$3.5 billion of assets and maintains offices in London, Boston, Singapore and Milan. The firm is regulated by the FCA,SEC and MAS.

Mr Serra is recognised as one of the world's leading experts on financial services. He is often consulted by the world's central bankers and regulators on policy matters. He is a Young Global Leader for the World Economic Forum and has also been awarded the Commendatore designation,a decoration of the Order of Merit of the Italian Republic.

Mr Serra is Chairman and Trustee of the Hakuna Matata foundation, a registered UK charity which he founded with his wife, focused on assisting orphaned children in central Tanzania, and is patron of Saint Peter’s Project of The Italian Church in London. He is a graduate cum laude of Bocconi University in Milan, Italy and holds a Master CEMS. He played volleyball professionally in Italy from 1985 and 1990 and reached Series A1 and is a keen alpinist.

Kirill  Slavin

Kirill Slavin

Managing Director
Kaspersky Lab UK and Ireland

Kirill Slavin is Managing Director, Kaspersky Lab UK and Ireland, based in London. He joined the company in September 2013 and is responsible for overseeing their operations in the United Kingdom and Ireland.

Mr Slavin has over twenty years’ experience in finance and strategy, previously holding senior positions at inter alia, Wang Laboratories, PepsiCo Inc., Deloitte & Touche, and DiamondCluster International (now PwC’s Diamond Advisory Services). He is a Fellow of the Association of Chartered Certified Accountants, holds an MBA from Cambridge University and is also an Associate Member of the Cambridge University Centre for International Business and Management (CIBAM).

Mr Slavin regularly speaks in Cambridge and London both academically and to business executive audiences.  His areas of business expertise include retail and private banking, value and risk management and corporate governance.  Academic topics comprise corporate finance and macroeconomics.

Hank  Uberoi

Hank Uberoi

CEO and Executive Director
Earthport

Hank Uberoi has been Earthport’s CEO and Executive Director since 2010. It was Earthport’s unique offering in the payments market and its huge growth potential that made him want to lead the company to success.

Before joining Earthport, Mr Uberoi was focused on investments in technology, financial services and payments with an emphasis on cross-border business models. Until 2004 he was Chief Operating Officer at Citadel Investment Group. He previously spent fourteen years at Goldman Sachs, where he was a partner and co-Chief Operating Officer of the technology division. Mr Uberoi graduated from Williams College, Massachusetts with a BA, Magna Cum Laude. He divides his time between Earthport’s New York office and the London headquarters.

Hubertus  Väth

Hubertus Väth

Managing Director
Frankfurt Main Finance

Hubertus Väth is the Managing Director of Frankfurt Main Finance, as well as the founder and Managing Director of NewMark Finanzkommunikation. Prior to this, he spent nearly twelve years working for Deutsche Bank, in positions such as Analyst, Asia Head of Communications, Head of Economic Research for Asia and Global Head of Marketing for Wealth Management in Frankfurt, Hamburg and Singapore. Mr. Väth founded the German and European Structured Products Association and is frequently invited to deliver lectures or participate in panel discussions. He holds a Master’s Degree in Economics at the University of Mainz. He is also a member of the German Economic Council.

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Agenda - 16th Nov

  • 8:00am
    Registration and refreshments
  • 8:50am
    Chair’s opening remarks

    Patrick Jenkins, Financial Editor, Financial Times

  • 9:00am
    Keynote
  • 9:20am
    Global leaders’ dialogue - Is the break-up of Global Systemically Important Banks (G-Sibs) inevitable?

    Questions still remain about the ability of big banks to prosper in the face of regulatory capital demands and competition with newer, streamlined banking models.

    • Is agility dependent on international consistency and long-term transparency in banking regulations?
    • Do big banks need to retrench from certain areas to ensure long-term sustainability?
    • Is wealth management the inevitable endgame for banks, as wider services are cannibalised by challenger banks and disruptors?
    • What next for G-Sibs and how big will they remain as they focus on what they are good at?
    • Will activist investors play a role in this debate and force banks to break up?

    Moderator: Martin Arnold, Banking Editor, Financial Times
    Bridget Gandy, Co-head EMEA Financial Institutions, FitchRatings
    Eric Knight, CIO and CEO, Knight Vinke
    Simon Samuels, FT Opinion Contributor and Senior Fellow, Cass Business School
    Davide Serra, Founder and CEO, Algebris Investments

  • 9:50am
    Opinion corner – Is Europe getting to grips with its banking system and how much may Brexit impact upon its ability to do so?
    • Do the banks have enough capital?
    • How seriously do ongoing fines for conduct breaches undermine bank strength?
    • Are EU banks strong enough to facilitate economic growth?
    • Should bank lending give way to more capital market finance?
    • Has Brexit resulted in a fundamental instability in the Eurozone? And does London face a potential exodus of workforce and capital to the EU?

    Moderator: Silvia Pavoni, Economics Editor, The Banker

    Philippe Bodereau, Managing Director and Portfolio Manager, PIMCO

    John Hourican, CEO, Bank of Cyprus

    Sylvie Matherat, Chief Regulatory Officer and Member of the Management Board, Deutsche Bank

    Phillip Monks, Chief Executive Officer, Aldermore

    Hubertus Väth, Managing Director, Frankfurt Main Finance

  • 10:30am
    Networking break
  • 10:50am
    Interview session – Emerging markets are dead, long live emerging markets!

    Tumbling commodity prices and the slowdown in China, combined with the Eurozone crisis, the ongoing impact of US Federal Reserve rate rises and the recent US Elections, have compounded existing fears of another emerging markets crisis. Will heightened risk aversion in the global banking sector compound the problems? Or is EM still a big growth opportunity?

    • What impact are the Chinese economic slow-down, US interest rate rises, confirmation of a Donald Trump presidency, and Brexit, having on investment and capital flows to high-risk markets?
    • Could the fall-out from China and resulting winding down from quantitative easing trigger a second Asia crises?
    • How far are the “BRICs”, “CIVETS” and the “Next 11” models relevant in contemporary global investment? And which nations and regions are likely to dominate future investment portfolios in an era of heightened risk aversion?
    • Should banks prioritise long-term, equity based capital flows to alleviate debt burdens?

    Special 10-minute interview with: Bill Winters, Group Chief Executive, Standard Chartered
    Interviewed by: Silvia Pavoni, Economics Editor, The Banker

    followed by discussion: 

    Moderator: Silvia Pavoni, Economics Editor, The Banker
    Khaleel Ahmed, Chief Investment Officer, International Finance Corporation (World Bank Group)
    Martina Soledad Martinez Peria, Division Chief, Macro-Financial Division, Research Dept., International Monetary Fund
    Bill Winters, Group Chief Executive, Standard Chartered

  • 11:30am
    Panel discussion - Creating affordable, cyber-secure IT infrastructures: Regulation, innovation, and leadership

    Cyber security and IT resilience continue to make headlines in the banking sector with large- scale IT failures creating significant repercussions for consumers and wider financial services institutions. But creaking front-end systems are a less fundamental concern than the security of networks to cyber-terrorism. Although online fraud, data theft and denial-of- service attacks present a shared challenge for the banking sector, some institutions may be tempted to use others’ problems as a competitive opportunity.

    • Is it time for regulators to increase the stringency of cyber security regulation within the financial sector (and the wider critical national infrastructure)?
    • How much more work do big banks need to do to make their systems impermeable?
    • Are the regulatory and cost pressures of upgrading systems prohibitive for smaller institutions?
    • How far can the retrofitting of new apps and joint ventures with tech start-ups provide a flexible alternative to the complete overhaul of core legacy systems?
    • If block-chain is the future for financial security, why shouldn’t all banks become early adopters?
    • Is it time for a coordinated crisis management plan for the financial services sector?

    Special 10-minute interview with: Senior Official (Name Restricted), UK National Cyber Security Centre (NCSC)

    Interviewed by: Martin Arnold, Banking Editor, Financial Times
    *(This interview will take place under Chatham House rule. No video, pictures or audio recordings are permitted during this time).
     
    followed by discussion:

    Moderator: Martin Arnold, Banking Editor, Financial Times
    Marc Hofmann, Chief Information Security Officer, SWIFT 

    Richard Horne, Cyber Security Partner, PwC UK

    Steve Purser, Head of Core Operations, European Union Agency for Network and Information Security (ENISA)

    Kirill Slavin, Managing Director, Kaspersky Lab UK and Ireland

  • 12:20pm
    Interview session - To regulate or not to regulate: How can regulators level the playing field across the financial services sector, and how will Brexit affect EU regulation?

    Regulators’ decisions about loss-absorbing debt requirements (TLAC), tougher conduct standards and new accounting disciplines (IFRS9) may have seemed like the biggest regulatory agenda items for 2016-2019.  However, the recent impact of Brexit on the broader EU banking agenda has shaken the market’s focus on this core aim. Although many argue that an independent UK banking sector must still naturally adopt EU regulatory standards in order to remain relevant, the separation of the UK market may still have a volatile impact on incoming standards on capital, leverage and liquidity.

    • How should regulators account for shadow banking as well as increasing digitisation, and its impact on the consumer?
    • What will future bank capital structures look like? Could issues surrounding contingent convertible debt (CoCos) or even the repercussions of Brexit throw the TLAC and MREL agendas off course?
    • What is the potential for regulatory drift between UK and EU banking sectors? And how could banks and governments on both sides overcome regulatory divergence?
    • Which European legislation would UK banks be happy to do without? And should the UK still be bound by pre-existing agreements on individual EU legislation?

    Moderator: Caroline Binham, Financial Regulation Correspondent, Financial Times
    Morten Baltzersen, Director General, Finanstilsynet (Financial Supervisory Authority of Norway)
    Andrea Enria, Chairperson, European Banking Authority
    Barney Reynolds, Head of the Global Financial Institutions Advisory and Financial Regulatory Group, Shearman & Sterling

  • 1:00pm
    Lunch
  • 1:55pm
    FT Future of FinTech Awards Presentation

    Patrick Jenkins, Financial Editor, Financial Times

  • 2:00pm
    FinTech discussion: Blockchain and other revolutions

    The buzz around blockchain – or distributed ledger technology – is as loud as any innovation in financial services for decades. It is at the cutting edge of FinTech, itself one of the most thriving areas of the financial sector. Yet, whilst key figures in the banking sector are moving rapidly to invest in these innovative concepts, many still remain concerned about the risks posed by new technologies and how they should be regulated. Although many bankers accept that the respective cost and ease of access make new FinTech providers an attractive prospect for consumers, it remains to be seen whether the new wave of digital start-ups will cannibalise or complement the existing financial services sector.

    • Is blockchain the panacea to industry efficiency that its proponents claim?
    • How do blockchain innovations fit into the broader realm of FinTech innovation?
    • Are the business models of blockchain start-ups and other similar FinTech operators sustainable in the long term or are they merely hitch-hiking on existing infrastructures?
    • Is the language of FinTech regulation eerily similar to that of pre-crisis banking? And is the US Treasury’s RFI on online marketplace or peer-to-peer lending a sign of the inevitability of market regulation?
    • Can banks be the instruments of revolution themselves or can genuine disruption only come from outside of the old-style banking model?

    Moderator: Joy Macknight, Deputy Editor, The Banker

    Anne Boden, CEO, Starling Bank

    Edward Budd, Chief Digital Officer, Global Transaction Banking, Deutsche Bank

    David Harvey, Principal Consultant, Banking and Securities Practice, NTT Data Services

    David Raw, Deputy Director, Banking and Credit Team, HM Treasury

  • 2:40pm
    Investing in FinTech: How will continued investment in FinTech affect the financial services sector, where will the real money be made and what are the trends to look out for?

    Moderator: Patrick Jenkins, Financial Editor, Financial Times
    Jan Hammer, Partner, Index Ventures
    Michael Jackson, General Partner, Mangrove Capital Partners
    Alex McCracken, Managing Director of Global Markets, Silicon Valley Bank UK
    Yifat Oron, CEO, LeumiTech (subsidiary of Bank Leumi)

  • 3:30pm
    Networking break
  • 3:50pm
    Discussion: The payment systems revolution and the future of mobile money transfer

    Despite the much-prophesied revolution of mobile payment systems, available new technologies have seen a relatively slow up-take from consumers. In order to ensure consumer buy-in, tech companies and banks must balance inclusivity, usability and security without significant cost to the consumer. This process requires increased collaboration between regulators, banks and tech providers, all at time when new mobile money transfer services are reshaping capital flows within and across nations. Indeed, in this seemingly uncertain market there are as many opportunities as there are challenges.

    • What technologies will be the winners and losers in the future mobile payments market, and what are the consequences?
    • In what ways do local infrastructures need to be enhanced to facilitate greater transnational interoperability for payment systems?
    • How are payment providers counteracting evolving risks in digital security and financial crimes?
    • What strategies and regulations are required to increase consumer access and up-take, especially for the poorest consumers and those currently unbanked?
    • How are capital flows being affected by new instant transfer and blockchain technology? And how crucial are open standards and open API for growing the mobile money market?
    • How far will the Payment Systems Directive 2 (PSD2) benefit the customer? And what impact could Brexit have on PSD2 uptake and broader remittance flows in the UK?

    Moderator: Brooke Masters, Assistant Editor and Companies Editor, Financial Times

    Rob Jesudason, Group Executive, International Financial Services, Commonwealth Bank of Australia

    Kosta Peric, Deputy Director, Financial Services for the Poor, Bill & Melinda Gates Foundation

    Hank Uberoi, CEO, Earthport

     

  • 4:30pm
    Big Data Discussion: The use and abuse of big data
    • What is happening already and what could happen in terms of banks’ and third parties’ use of online information from social networks and elsewhere?
    • How powerful a tool is Big Data and does it spell the end of traditional credit checking?
    • In what ways could FinTech seek to solve data analytics bottlenecks within existing legacy systems?
    • How big a risk does security and data integrity pose for increasingly interconnected data infrastructures?
    • How does the use of Big Data in banking compare with other industries?
    • Where should the civil liberties line be drawn?

    Moderator: Brooke Masters, Assistant Editor and Companies Editor, Financial Times

    Marco Bressan, Chief Data Scientist, BBVA

    Martina King, CEO, Featurespace

    James Maudslay, Senior Manager, Financial Services & Insurance, Equinix

    Brian Norton, Co-Founder and CEO, Future Finance

  • 5:10pm
    Keynote interview with Kweku Adoboli

    Interviewed by: Patrick Jenkins, Financial Editor, Financial Times

  • 5:40pm
    Concluding opinion and summation: Economic predictions for the global banking sector

    Martin Wolf CBE, Associate Editor and Chief Economics Commentator, Financial Times

  • 6:10pm
    Drinks reception

Who Attends?

FT Live has a reputation for delivering very senior board level audiences to attend a wide range of world class thought-leadership events across the globe for nearly 40 years.

The FT Banking Summit has been produced to meet the needs of senior executives from banks, regulatory bodies, and senior representatives from consultancies and other professional service firms*.

Gathering senior executives of global Retail, Corporate, Commercial, Private and Institutional banks including:

  • CEOs
  • Managing Directors
  • General Managers
  • Chief Representative Officers
  • Regional Directors EMEA
  • Country Directors
  • Chief Economists
  • Chiefs / Heads of: 
    • Operations
    • Strategy
    • Technology
    • Relationship Management
    • Planning & Performance
    • Risk & Finance
    • Legal & Compliance
    • Policy & Regulation
    • Investment
    • Corporate Development
    • Financial Institutions
    • Digital & Mobile
    • Payments & Transactions
    • UK Representative Offices

Senior representatives of New market entrants companies, including those representing:

  • New Online Banks
  • Peer to Peer Lenders
  • Bitcoin
  • Crowd Funding
  • Asset Management firms

A limited number of places will be made available to senior representatives of professional service firms, technology and payments companies and business consultancies.

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Venue

InterContinental London Park Lane
One Hamilton Place
London W1J 7QY

United Kingdom

Tel: +44 (0) 20 7409 3131

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Partner Publication (1)

The Banker provides economic and financial intelligence for the world's financial sector and has built a reputation for objective and incisive reporting. It leads the debate on all the issues surrounding the global banking industry, providing in-depth news and analysis, exclusive interviews with senior industry figures and definitive regional bank listings, including the internationally acclaimed Top 1000 World Banks.

Lead Sponsors (1)

PwC focuses on creating value for our clients. Our firms offer a wide range of capabilities as providers of strategy through execution, committed to delivering quality in assurance, tax and advisory services. 
Our experience with leading FS companies and financial institutions means that we have a deep understanding of the issues clients around the world have to deal with. We focus on the future of FS, effectively working with clients as they shape their business and execute their strategy. We advise on key issues such as the future of risk, impact of regulation, financial crime, innovations in mobile and digital technologies, the disruptive impact of FinTech as well as the changing face of the customer. We use proven methodologies to design and execute business transformation backed by blueprint designs that are used as accelerators. We have invested heavily in building our technology capability focusing on the areas that we believe bring most value to our clients, including data and analytics, technology transformation and cyber. 

At PwC, our purpose is to build trust in society and solve important problems. With more than 44,000 people in our global FS practices, we are able to build long-lasting relationships with our clients and work with them everywhere they do business today and anywhere they grow next. Find out more at www.pwc.com/financialservices.

Associate Sponsors (7)

NTT DATA partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We deliver tangible business results by combining deep industry expertise with applied innovations in digital, cloud and automation across a comprehensive portfolio of consulting, applications, infrastructure and business process services.

NTT DATA is a top 10 global business and IT services provider with 100,000+ professionals in more than 50 countries, and is part of NTT Group, a partner to 85 percent of the Fortune 100.

View press release NTT DATA Closes Acquisition of Dell Services

This email is from Equinix (EMEA) B.V. or one of its associated companies in the territory from where this email has been sent. This email, and any files transmitted with it, contains information which is confidential, is solely for the use of the intended recipient and may be legally privileged. If you have received this email in error, please notify the sender and delete this email immediately. Equinix (EMEA) B.V.. Registered Office: Amstelplein 1, 1096 HA Amsterdam, The Netherlands. Registered in The Netherlands No. 57577889.

Kaspersky Lab is a global cybersecurity company founded in 1997. Kaspersky Lab’s deep threat intelligence and security expertise is constantly transforming into security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialised security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky Lab technologies and we help 270,000 corporate clients protect what matters most to them.

Financial Institutions Advisory & Financial Recovery

Our award-winning global Financial Institutions Advisory & Financial Regulatory group works on complex cross-border issues and transactions and has advised on a significant number of high profile, first-in-kind, challenging regulatory and compliance matters.

Our practice is truly multi-jurisdictional in its scope, with our core group practicing in London, New York and Washington, DC, and additional regulatory expertise in Toronto, Frankfurt, Paris, Milan, Brussels, Singapore and Beijing, among other offices. This allows us to match the global presence of many of our clients and provide seamless coverage in core jurisdictions. In the current environment, when so many of the rules are generated out of the Financial Stability Board and the Basel Committee, our cross-border regulatory practice allows us to stay ahead of regulatory trends and anticipate issues that may be relevant to you. Most recently our team has been at the forefront of discussions of how Brexit will affect businesses in the UK and globally. They continue to assess, examine and provide practical guidance on the implications of Brexit for financial institutions.

We provide a full global service to banks, investment firms, brokers, insurance and reinsurance companies, exchanges, SEFs/MTFs, clearing and settlement providers, fund firms, payment service providers and corporations on the laws and regulations of the world’s key financial and commercial centres. Capitalising on our regulatory knowledge and insight, we provide innovative solutions on a cross-border and local basis and assist clients in cultivating their relationships with regulators.

SWIFT is a member-owned cooperative and the world's leading provider of secure financial messaging services. Our messaging platform, products and services connect more than 11,000 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories, enabling them to communicate securely and exchange standardised financial messages in a reliable way. As their trusted provider, we facilitate global and local financial flows, support trade and commerce all around the world; we relentlessly pursue operational excellence and continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies. Headquartered in Belgium, SWIFT's international governance and oversight reinforces the neutral, global character of its cooperative structure. SWIFT's global office network ensures an active presence in all the major financial centres.

Earthport provides cross-border payment services to banks and businesses. Through  a single relationship with Earthport, clients can seamlessly manage payments to almost any bank account in the world, reducing costs and complexity to meet their customers’ evolving expectations of price, speed and transparency.

Earthport offers clients access to global payment capability in 190+ countries, with local ACH options in over 60 markets and an evolving  suite of currencies and settlement options.

Earthport continues to invest in the establishment of in-country bank partnerships across the world, bringing together its deep market and regulatory expertise in order to maintain compliant and commercially competitive services.

The result – a global payments network accessed via a single relationship, delivering significant cost and operating efficiencies for banks and businesses servicing high volumes of lower value payments.

Featurespace is the world-leader in Adaptive Behavioural Analytics and creator of the ARIC™ platform, a real-time, machine learning software system for managing fraud and risk. Developed out of Cambridge University, ARIC™ revolutionises fraud detection. We are saving our clients millions of pounds with our unique approach to preventing fraud, improving customer experience and accepting more business in Financial Services, Insurance and Gaming. The ARIC™ platform self-learns by continuously responding to new customer data – reducing manual intervention. By detecting anomalies in each individual’s behaviour, the platform can spot new fraud attacks as they occur, while accepting more genuine business.

Strategic Media Partner (1)

Nikkei Asian Review brings insights from Asia, from the inside out. As part of Nikkei, Asia’s largest independent business media group, it offers comprehensive pan-Asian reporting that is vital to your decision making. With an extensive network of contributors including academics, government leaders and captains of industry from around the world, it gives readers a fuller picture of business in Asia, while its “Asia300” content provides in-depth coverage of the most influential and fastest-growing listed companies from 11 economies outside Japan.

Exhibitors (5)

Opportunity Network is an exclusive digital business matchmaking platform that enables CEOs of middle market companies, Family Offices, and HNWIs to share and connect to business opportunities worldwide. We connect members to valuable business opportunities such as M&A, commercial partnerships, and capital raise/deploy.

Members are invited exclusively via their Banks, which in return receive real-time client data on their platform activity. Through our platform, members establish high quality connections all over the world; partnering wealth managers can facilitate financial deals to increase revenues and client satisfaction. Opportunity Network currently has over $35Bn in proprietary deal flow originated from its members. 

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgements with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. In addition to Fitch Ratings, the group includes Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; Fitch Learning, a provider of learning and development solutions for the global financial services industry; and BMI Research, a provider of country risk and industry analysis specializing in emerging and frontier markets. Fitch Group is majority-owned by Hearst.

Appian provides a leading low-code software development platform that enables organizations to rapidly develop powerful and unique applications. The applications created on Appian’s platform help companies drive digital transformation and competitive differentiation.For more information, visit www.appian.com.

Seal Software Contract Discovery and Analytics provides the agility and flexibility to manage risk and compete more effectively amid changing regulatory and business conditions:

  • Automate discovery of existing contracts and centralize them in a secure repository
  • Extract and index data within your contracts using over 100 pre-defined extraction policies specifically for financial services, making the data easy to search, sort and analyse
  • Develop specific and custom extraction policies and teach Seal your unique product terms and language
  • Easily review individual clauses across thousands of contracts for real-time analysis of non-standard language to reduce your contractual risk
  • Comply with global regulatory mandates, manage overall risk against defined targets, shorten the time and reduce the cost of contract reviews

Privitar delivers data privacy and anonymisation software solutions. Privitar’s mission is to promote and facilitate the ethical and safe use of valuable data assets. The company works with the world’s largest organisations to drive benefit from data through broader use, collaboration and monetisation, without compromising on data privacy and security. 

CONTACT US

Toby Saunders
Sponsorship Opportunities
Financial Times
Craig Law
Media Enquiries
Claire Arpa
Speaking Opportunities
Financial Times
Funmbi Adenubi
Ticket And General Enquiries
Financial Times

Supporting Organisation (1)

The Asset Based Finance Association (ABFA) is the Trade Association of the Invoice Finance and Asset Based Lending industry in the UK and Ireland. Its members supply, annually, nearly £300bn of much needed liquidity to over 40,000 businesses. The ABFA sets and enforces standards within the industry, informs and engages stakeholders outside the industry, and provides education and training to those within.