Climate change may sound like an issue for the longer-term but of course it isn’t. It is already having an impact on the world’s economies and the period of transition to the world’s net zero target is shortening every day.
One that sells complex financial products and executes trades over high-speed networks using algorithms. Banks have a systemic impact on every aspect of our lives. They catalyse commerce between nations, enable businesses to grow and enable people to buy a house. Now, the banking industry is facing several challenges. Fintech is rising, consumer trust is damaged and Basel 3.5 is on the horizon.