Dear Banking & Securities Working Group Member,
We are delighted to invite you to the Banking & Securities Working Group meeting to be held on Thursday, 16th August 2012, starting at 8:30am at the European Chamber’s Office in Beijing (please refer to the address above).
At this meeting we will have the honor and pleasure to welcome Mr. Jimmy Leung, Partner, China Banking & Capital Markets Leader, PWC. He will present the findings of PWC’s recently published report ‘Foreign Banks in China’ (full details of the report can be found here). Attendees will receive a complementary hard copy of the report.
The report points out that foreign banks more than doubled profits in 2011 to RMB 16.73 billion and they expect to grow revenues over the next three years. However regulatory environment is the number one challenge for foreign banks.
Please register with Ms. Ying YUAN, yyuan@europeanchamber.com.cn, before COB Wednesday 15th August.
Tentative Agenda:
1. Presentation by Mr. Jimmy Leung, Partner, China Banking & Capital Markets Leader, PWC on ‘Foreign Banks in China’
2. Debriefing on European Tour to present Position Paper
3. Any Other Business