Banking and Capital Markets 


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The Banking and Capital Markets Sector in China, as in the rest of the world, faces the split challenges of balancing growth and risk with that of a continually developing and increasingly demanding market environment. New entrants, emerging technology, increasingly complex regulation and progression toward a more flexible approach to interest rates and currency policy setting place an unforeseen level of stress on all market participants.

In the face of this, our clients require carefully crafted business strategies and both practical and technical solutions to survive, yet alone excel, in both the domestic and international marketplace of banking and capital markets.

City and rural commercial banks are an essential component of the Chinese banking industry. The competitive market dynamics and higher regulatory expectations have driven the banks to embark on innovation and transformation to achieve higher efficacy and stand out in the market. Please contact Karen Wu for more about how Deloitte can assist in the development journey of the Chinese regional financial institutions.

As one of the recognized leaders in providing professional services, Deloitte professionals are working with our banking and capital markets clients to develop and implement such strategies and solutions – we provide customized services drawn from our vast array of audit and assurance, taxation, risk compliance, regulatory and business transformation services. We focus our efforts at helping our clients combine the power of their people, their technology and their processes to lead in their markets. Our clients include state-owned banks, policy banks, joint equity banks, city and rural commercial banks as well as foreign banks operating in the Mainland and Hong Kong/Macau SAR. In addition we audit and advise a vast range of multi-national and domestic finance companies, leasing companies, securities firms and investment banks.

Supported by the Deloitte Global FSI network with a strong local presence deeply rooted in China, our subject matter specialists in the banking and capital markets teams bring with them industry experience and knowledge as well as functional expertise and competence to help address the complexity that today's financial institutions face. 

Featured publications

  • China Banking Industry Semi-annual Analysis of 2020—Move forward with Fortitude
    The report covering China's economic and financial situations over the first half of 2020, as well as the interim results overview, financial data analysis, and business observations of Chinese listed banks. The report has conducted a comparative analysis on the business development, operation model, and response to regulatory changes of large state-owned commercial banks, 6 representative joint-stock banks, and 6 overseas global systemically important banks.
  • Retail banking in the age of COVID-19
    With the COVID-19 pandemic the banking industry is in uncharted waters and leaders need to take decisive actions to ensure their organizations remain resilient. In this report, we provide global banking leaders with potential medium-term implications of COVID-19 for the retail banking sector.
  • Business Agility in Retail Banking: Build up your agility
    The report looks at how agility can help banks better manage disruption and customer expectations through continuous change and employee empowerment.
  • Forging Ahead to the Next Chapter: Review and Outlook on China Banking Industry 2019-2020
    Deloitte China recently published the Forging Ahead to the Next Chapter: Review and Outlook on China Banking Industry 2019-2020. The report covers China's economic and financial overview, financial data analysis of listed banks, the industry hot topics of 2019, as well as outlooks on economic and banking development in 2020. By analyzing the 2019 financial performance of 6 large Chinese listed banks and compared with large global banks, sorting out and examining their business development, business models and regulatory environment changes, the report aims to look ahead to the future development of China's banking industry.
  • Save-to-transform as a catalyst for embracing digital disruption
    This report provides an up-to-date view of the cost management practices and trends shaping the future of banking and global business. It also takes a detailed look at how the latest digital technologies and cost management strategies are acting as a catalyst for transformation in a world being actively redefined by digital disruption.
  • 2020 Asia Pacific Regulatory Outlook
    In this report, we explore how Asia Pacific regulators will focus on these aspects of financial institutions’ social licence to operate in the coming year. We look at how this will impact firms’ internal operations, how they harness technology, how they engage with their customers and society as a whole, and what firms need to do to meet these challenges.
  • 2020 banking and capital markets outlook 
    Disruptive forces are changing how banking is done. Banks can add customer value by fortifying their foundation and staying true to their core identity as financial intermediaries, matching demand with supply of capital.
  • The cloud imperative:How banks can improve business agility through cloud-powered transformation
    It’s clear that banking’s future is in cloud. Financial institutions have spent far too much time and money running ever-larger data centres and maintaining large, unwieldy legacy systems—technology that has constrained banks’ ability to change and adapt. Cloud provides a way forward, a way for banks to break free from the constraints of old technology, increase their business agility, and get back to the business of banking. The investments required to harness cloud’s potential are significant, as are the implications for talent strategies and ways of working. But investing in cloud is fundamental to ensuring your organization can compete in the years to come.
  • The next generation of data-sharing in financial services: Using privacy enhancing techniques to unlock new value
    The value of data is often greater than the sum of its parts. In the financial services sector specifically, the use of data allows financial institutions to offer greater value and personalized services to clients and address business challenges such as fraud. However, the use of data raises privacy and security concerns from customers, institutions, and regulators— these competing obligations have historically prevented them from unlocking the full value of their data.
  • Digital transformation hits core banking:The future of digital banking strategy
    As banks move to digitize their core banking platform, they need to consider how quickly they want to bring about change and understand the implications of their modernization journey. Our report explores five options for banks to consider as they implement their core banking transformations.
  • Pursuing cybersecurity maturity at financial institutions: Survey spotlights key traits among more advanced risk managers
    Financial firms are stepping up their efforts to stay ahead of cyber and business threats. The latest Deloitte and FS-ISAC survey reveals what differentiates the strongest cybersecurity programs from the rest.
  • Review and Outlook of China Banking Industry Semi-annual Analysis Of 2019
    Deloitte's China Banking Industry Semi-annual Analysis 2019 (Chinese only), explores China's #economic and financial conditions and analyzes the performance of A-share and H-share listed Chinese banks in 1H2019.
  • Optimizing global treasury: Managing banks’ liquidity and funding risk
    This report highlights the key regulatory developments that are impacting the treasury function and provides insight into the challenges that peer institutions are facing and how they are responding.
  • Banks on the move: Establishing FinTech enabled Private Banks and Wealth Managers in China
    In line with China's economic progress over the past decades, both the public and private sectors have accumulated an increasing amount of wealth – to such an extent that we believe it has become the second largest wealth management market in Asia Pacific. In this paper, we explored key considerations when establishing FinTech enabled private banks and wealth managers in China.
  • Interim Regulatory Outlook 2019
    The Deloitte EMEA Financial Services Regulatory Outlook set out our view of the FS regulatory world as we entered 2019. Six months on, this update evaluates the key themes that have emerged and looks forward at what’s to come in the remainder of the year. It provides updates on all the cross-sector themes and supervisory constants, as well as commentary on the major developments across the banking, insurance, capital markets and investment management sectors.
  • Findings from the global consumer survey on digital banking, and analysis on the value of bank branches and online banking channels
    Key takeaway from the survey is the banks will need to accelerate their digital transformation and reconfigure each channel to serve every need customers have. Only this level of transformation is likely to strengthen banks' emotional ties with consumers and earn them a top spot in the list of consumer's favourite brands. Meanwhile, we urge banks to fully recognize the value branches offer and keep customer preferences on top of mind when repositioning branches.
  • Review and Outlook of China Banking Industry 2018
    The report covers China's economic and financial overview, analyses the latest results of Chinese A-share and/or H-share listed banks in 2018, and provides an outlook of the Chinese banking sector for 2019.
  • Research Report on the Corporate Governance Practices of China’s Six Largest Commercial Banks 2019
    The Report reviewed and summarized the achievements of China’s six largest commercial banks in corporate governance. Came up with a relatively objective research conclusion based on the analysis from six aspects. Proposed some suggestions to improve corporate governance and provided reference for the parties involved in corporate governance including regulatory authorities, shareholders and directors.
  • Asia-Pacific Financial Services Regulatory Outlook 2019
    This report explores nine themes that the Deloitte Centre for Regulatory Strategy expects to dominate the financial services regulatory agenda in the region over the coming year. Whilst the significance of each of these nine themes will vary across different jurisdictions, industry sectors and institutions, we consider all areas identified to be relevant to financial services firms operating in Asia Pacific to some degree.
  • Financial Markets Regulatory Outlook 2019
    The 2019 edition covers a mixture of cross-sector and sector-specific issues of strategic significance for financial services firms, from the challenges of Brexit and the increasing importance of climate change, through to LIBOR reform, cyber security developments, and much more.
  • 2019 Banking Industry Outlook: Optimism for banking and capital markets
    There’s a new kind of promise in the banking industry—and possibly no better time than now for transformation. Economic fundamentals are strong, the regulatory climate is favorable, and transformation technologies are more readily accessible, powerful, and economical than ever before.
  • Inclusion Through Distribution: How Blockchain Supports Financial Inclusion
    This white paper by Deloitte China explores the future of financial inclusion, which could be underpinned by the application of Blockchain for conventionally unbanked population and more. 
  • Banks on the move - Midwestern China the regional service delivery location of the future?  
    This white paper is a response to China’s Financial Services opening-up policy and the associated strategic considerations of banking players willing to increase their footprint in Mainland China. 
  • The Regulatory Landscape in Asia-Pacific: Three recurring themes in 2018
    Deloitte has observed three recurring themes in the regulatory space of financial services industry: conduct, innovation, and data.
  • Listed Chinese Banks Interim Results Analysis for 2018
    The report outlines China's economic and financial developments and the performance of Chinese A-share or H-share listed banks.
  • Double your intelligence: Using intelligent automation to double productivity in Finance
    Intelligent automation presents opportunities for Finance functions within financial services institutions to deliver information and value to the business more quickly, more accurately and at the lower cost.
  • Opportunities and challenges to foreign institutions as Chinese financial industry opens further
    Deloitte believes that financial institutions in China need to solve two key issues to secure success amid the increasingly fierce competition: effective compliance to enter the market and the right strategy for local market.
  • Trends in trade finance regulation / Dealing better with anti-money-laundering
    There are three new methods to more efficiently deal with all the new regulations on money laundering, terrorist financing and sanctions and Ivan Zasarsky, partner at Deloitte's Asia Pacific Financial Crime Strategy & Response Centre outlines further details in the feature article in the International Chamber of Commerce publication.
  • Listed Chinese Banks Results Analysis for 2017
    This report covers China's economic and financial overview, analyses the latest results of Chinese A-share and/or H-share listed banks in 2017, and provides an outlook of the Chinese banking sector for 2018.
  • 2018 banking and securities M&A outlook: Navigating trends in bank mergers and acquisitions
    This report examines banking M&A trends and expectations across banking, specialty finance, investment management and securities, and fintech.
  • Facing the future: an evolving landscape - Financial Services Regulatory Outlook 2018
    With the finalisation of Basel III, the regulatory agenda in Asia Pacific will now become firmly focused on the future. This paper sets out the top ten regulatory themes that the Deloitte Centre for Regulatory Strategy expects to dominate the financial services regulatory agenda in the region over the coming year.
  • Global bank governance in a structurally reformed world: Too complex to manage?
    This report from our Centre for Regulatory Strategy sets out the new reality for governing global banking groups in the context of structural reform and makes recommendations for where global banks should focus their energies in trying to tackle the challenges they face.
  • Beyond Fintech: A pragmatic assessment of disruptive potential in financial services 
    The World Economic Forum and Deloitte Global’s latest report studies the transformative role of fintech and other disruptive forces on the financial services industry. The report studies the impact of this disruption on the industry as a whole, as well as on seven sectors including payments, digital banking, lending, insurance, market infrastructure, investment management, and equity crowdfunding. Fintechs have defined the direction, shape, and pace of change across almost every financial services subsector. While they may not dominate the industry today, they have laid the foundation for future disruption.
  • Beyond Fintech: Disruptive innovation in payments
    Payments are migrating away from cash as consumers shift purchases to online and mobile channels. On one hand, heightened competition and a challenging regulatory environment are leading to steadily declining profits. On the other, customers are reluctant to switch to nontraditional payment schemes without seeing significant benefits, thereby limiting adoption of new technologies. What implications will these trends have on payment businesses?
  • Beyond Fintech: Disruptive innovation in digital banking
    Banking is on the cusp of significant disruption as regulations and technology begin to lay the foundation for a fundamental shift in the business model. Additionally, customers are expecting more value‐driven, personalized, and seamless service than ever before. How will this impact the digital banking landscape?
  • Beyond Fintech: Disruptive innovation in lending
    Lending has greatly evolved over the last several years with fintech playing a significant role in restructuring the lending landscape to be more dynamic and responsive. Fintechs are providing customers with pain-free lending services, and customers want the same unified experience with their banks. Additionally, consumers can choose from a host of financial and non‐financial providers. But, fintechs are struggling to find a sustainable business model in the face of funding instability.
  • Beyond Fintech: Disruptive innovation in market infrastructure
    Infrastructure underlying capital markets is rapidly changing with the global entry of several innovative forces that have the potential to change how transactions are being conducted. Traditional over-the-counter products are becoming electronic, but are not scaling due to fragmented regulatory and technological environments. In order to scale up and garner success, joint ventures and partnerships between fintechs and incumbents are key.
  • Beyond Fintech: Disruptive innovation in equity crowdfunding
    Equity crowdfunding has greatly evolved over the last several years. Crowdfunding platforms have grown rapidly with the demand from an increasing number of start-ups and private market investors seeking alternatives to venture capital. How will regulation converge to support this growth?
  • 2018 Banking Industry Outlook: Six themes driving banking industry trends
    For 2018 and beyond, banks must contend with multiple challenges tied to regulations, legacy systems, disruptive models and technologies, new competitors, and a restive customer base while pursuing new strategies for sustainable growth. Deloitte’s 2018 Banking Industry Outlook examines the six macro themes facing each of the industry’s five primary business segments in the coming 12-to-18 months. Firms that can address these emerging challenges and opportunities to effectively balance long-term goals with short-term performance pressures could be amply rewarded.
  • Newsletter Issue 2, 2017 - Targeted RRR reduction to promote inclusive finance
    Early evening on 30 September 2017, prior to the Chinese National Day, the People’s Bank of China (PBOC) announced to reduce the Reserve Requirement Ratio (RRR) targeted for the inclusive finance area starting from 2018.
  • Newsletter Issue 1, 2017 - Comment on deleveraging China
    China is trying to slow its credit scale and growth by deleveraging, with a focus on the high leverage of SOEs in industries with excess production capacity. To support this, the PBOC, China's Central Bank, has implemented the "half tightened policy" to adjust the monetary markets, creating funding cost increases whilst still keeping financial liquidity stable.