KPMG has just released an interesting new report on the Greater Bay Area’s opportunities for the banking industry. The consultancy likes what it sees in terms of M&A, fund-raising, wealth management, digitalization and policy changes.
The report discusses the development trends and challenges for the banking industry in the region, exploring the unique needs of the GBA and the resultant opportunities by focusing on three aspects: innovation, business development and regulatory control. It identifies ten development trends in the industry, with suggestions on how banks can take advantage of opportunities in the region.
We can’t find an English version yet, but you can read the full report in Chinese here.