club discussion The Future of Banking

With great pleasure and in cooperation with the manager lounge

we welcome you and your guests

on Tuesday, 19 March 2019 at 7 p.m.  to a

club discussion

with the topic

“The future of banking – digitization destroys an entire industry”.

The financial sector is in a state of flux: HSH Nordbank is the first German Landesbank to be taken over by private investors. The new name “Hamburg Commercial Bank” is intended to pave the way for a profitable commercial bank.

Under the leadership of the financial investors Cerbus and J.C. Flowers, a significant reduction in personnel will be implemented: the number of employees is to be reduced from currently 1600 to less than 1000. By comparison, ten years ago the number of employees was five times as high. But it is not only the privatization of the state bank that Ermisch has to cope with: At the same time he has to fend off the attack of the rapidly growing Fintechs.

Hamburg Commercial Bank CEO Stefan Ermisch will discuss the following questions with manager magazin editor-in-chief Sven Clausen:

– What will the bank of the future look like?

– Will there be another trend towards the privatisation of Landesbanks and savings banks?

– What impact will bank privatisation have on the financial landscape?

The price of € 39 includes delicacies from the kitchen and selected drinks.

Suit

Cancellations addressed in writing to the administration by 15 March 2019 are free of charge. In case of short notice cancellations and non-appearance we charge 100% of the participation fee.