Asia Corporate Briefing
A Hard Landing for the Chinese Banking Sector? Join Asia Society Northern California and the Federal Reserve Bank of San Francisco in a luncheon discussion as part of our Asia Corporate Briefing series.
Frederic Lau, Managing Director of Promontory Financial Group, 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 the Speaker: 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
Important: For security purposes, please arrive promptly. Make sure you have government-issued ID and note that you will need to pass through a security clearance. Registration will close on April 1 (strictly enforced).