The New Cold War Is Financial

Banks and financial infrastructure are emerging as an expanding front in geopolitics.

 
Imagine you are Noel Quinn, recently confirmed chief executive of HSBC. Sitting high up in London’s Canary Wharf or overlooking the harbour from the bank’s Hong Kong base, he must be facing a range of challenges. Many of these challenges are ‘known knowns’. Rising loan losses as the health of the global economy collapses; pressure to keep funds from coronavirus-related government support schemes flowing to beneficiaries as swiftly as possible; grappling with the HR and technology issues presented by many of the bank’s close to a quarter million staff working from home. These are all challenges that planning, diligence and experience can help a CEO and their team navigate.

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Πηγή: rusi.org