IAB Member Gregory Guyett on Global Capital Markets
 

On November 15, ZIBS Global Leaders Series was held in the Multimedia Hall, Building 7, at the International Campus of Zhejiang University. Gregory Guyett, member of ZIBS International Advisory Board (IAB) and CEO of Global Banking & Markets, HSBC, joined ZIBS Dean BEN Shenglin as the guest speaker, delving into "The Dynamics of Global Capital Markets." During the event, Gregory Guyett was officially appointed as ZIBS Professor of Practice.

 

学在ZIBS丨国际顾问委员会委员盖戈睿做客全球领导者系列,分享国际资本市场发展趋势

 

Gregory Guyett highlighted the present as an exciting era for international business, citing changing globalization trends, onshore capital market growth, a shift to risk-taking in private credit and hedge funds, a low-interest-rate environment, and global debt burdens as catalysts. Amidst these dynamics, he urged embracing opportunities in non-traditional areas, fostering intellectual capital, and fostering global exchange through innovative technologies to enhance productivity and connect China with the world.

In a blend of personal experience and market insights, Gregory Guyett humorously analyzed the current state and future outlook of China's capital market and the global landscape. Acknowledging the uncertainty, he suggested making the most of the environment, embracing change, recognizing active forces in diverse financial markets globally, and tapping into the boundless potential of China's capital market. His call to leverage financial technology for the advancement of the traditional financial industry resonated with the need for innovation in this dynamic landscape.

 

学在ZIBS丨国际顾问委员会委员盖戈睿做客全球领导者系列,分享国际资本市场发展趋势

 

During the Q&A session, students, experts, and scholars characterized the dialogue with Gregory Guyett. Addressing questions about the central bank digital currency (CBDC), he emphasized its primary function in reducing trade and investment friction to enhance global financial system efficiency. He clarified that the CBDC is not a substitute for traditional currency and reassured that its growth wouldn't impact the status of the dollar as the reserve currency. Expressing concern for the future of world capital markets, he foresaw China's capital markets flourishing independently and exerting global influence, driven by technological and digital advancements. He highlighted the shifting investment flows to the global south and the world's fragmentation, framing globalization as akin to regional integration in this evolving landscape. His advice emphasized the importance of adapting to the new environment, enhancing innovation capabilities, and preparing for a more efficient and convenient future. BEN Shenglin also added that embracing challenges and changes, going beyond certain regions that you are traditionally comfortable with, and always keeping learning are also important traits for success in the future career.

 

 

At the end of the lecture, BEN Shenglin concluded that globalization had infinite possibilities, while the future also had infinite probabilities.

At the end of the event, BEN Shenglin expressed his gratitude and officially announced the appointment of Gregory Guyett as ZIBS Professor of Practice in recognition of his outstanding achievements and significant contributions to the financial area. BEN Shenglin also invited him to communicate with students and share his unique views next time.

 

学在ZIBS丨国际顾问委员会委员盖戈睿做客全球领导者系列,分享国际资本市场发展趋势

 

 

 
IAB Member Gregory Guyett on Global Capital Markets