Fireside Wednesday:

Episode 9 – Does Banking business need you?
第九集 – 銀行業需要你?

May 27 (Wednesday)

English Synopsis

The International Monetary Fund (IMF) projected the global economic growth in 2020 to fall to -3 percent. This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis. What is the prospect of banking career? Does the business need new blood now? Am I the one?

With the economic downturn, job vacancies in the market have dropped 40% and new graduates may worry that it will be hard to get a job. However, Managing Director of J.P. Morgan David Lau and 2014 graduate Coline Ip, who is working in private banking, both told fresh graduates and students who are interested in joining the industry that they should not worry too much. David said, “Compared to other industries, for example air transport and tourism, the impact of COVID-19 on banking is not that great. Investment activities are still on and staff can work from home. Our business still need new blood.” He also mentioned that the rapid development of technology has provided many new opportunities for business. “The analysis that I used to work on for a whole day can be done in a minute with the new technology. Virtual banking and Blockchain, etc. have pushed the banking industry to evolve and move quickly, as well as having created opportunities.”

Coline believes that the challenge for the conventional banking business may be bigger. But for private banking for instance, business related to planning and analysis on capital use, investment, heritage assets, etc. is still in great demand. The development of e-banking, virtual banking and FinTech will also be huge. She suggested that young people plan for the longer term and try to understand the different banking sectors and their functions. Regarding how students can prepare themselves for interviews, Coline recalled her own experience and said that “helping to build schools in Cambodia when I was a HKU student was very important. Special experiences like that can showcase your character and values, which can make you stand out from other candidates, both on your resume and at interviews.”

Graduate-to-be Connie Chan sited herself as an example. “It was through the HKU Mentorship Programme that David became my Mentor. He helped me to get a deeper understanding of business and has linked me up with other people in the industry to learn its different aspects. Students should make use of such opportunities.”

David appreciates the pro-activeness of Connie. David advised that “to find a job, your understanding of the business will certainly help. Through internships and interactions with people in the business, what you gain may be more than what you would by reading a hundred books. Young people should have critical thinking and see beyond the surface. This will be your competitive edge.” He reminded the audience that “you must also show your determination in getting the job. Go the extra mile and show that you want it more than the next guy.” David reflected on the fact that the banking industry actually needs people from different subject of studies. “The new banking services are very diverse, like bio technology and infrastructure, etc. But of course, it would be of help if you have a minor or study courses in finance and economics.”

足本重溫 Video Link :


  • David Lau 劉伯偉 (HKU Mentor)
    Managing Director, J.P. Morgan
  • Coline Ip 葉鳳琪 (BBA(Acc&Fin) 2014)
    Associate Director, private banking
  • Connie Chan 陳婥嵐 (BBA(Acc&Fin) Year 4)
  • Natalie Cho 曹朗翹 (BBA(Law)&LLB Year 1)

Fireside Wednesday 星期三開爐 new online series for the HKU Family – alumni, students, staff and friends – for partnership, passion and paths. The 10 episodes will cover tourism, retail, culture, social, NGOs, freelancing (slash), education, technology… Resources and support available to students and fresh graduates at HKU iDendron. Tell us if you want to suggest themes and speakers for future episodes. Share and stay tuned!


Revisit –

Episode 8: Sea-change: Advertising/ Public Relations
第八集 – 廣告公關急轉彎
[ 謝浩麟 • 盧勁業 • 鍾偉耀 ]

Episode 7: Idea to Impact
第七集 – 意念變新 Teams
[ 鄧日朗 • Kyle Leung • Harris Cheng • Jasmine Poon ]

Episode 6: A Brand New Me
第六集 – 無限變身
[ 麥嘉緯 • Emi Wong • 易宇航 • Husnain ]

Episode 5: Art & Innovation
第五集 – 色空變焦
[ 蘇敬恆 • 鄭振揚 • 方圓明 • Stephanie Ho ]

Episode 4: Sports & Innovation
第四集 – 運動急變速
[ 譚志源 • 方力申 • 江嘉惠 • 楊文蔚 ]

Episode 3: COVID Cadenza
[ Prof Daniel Chua • Cy Leo • Serrini • Daniel Lei ]

Episode 2: Retail – Partners & Opportunities
第二集 – Shopping 變陣
[ 羅永聰 • 陳子堅 • Terence Hon ]

Episode 1: Culture, Tourism & Innovation
第一集 – 旅遊變法
[ 陳志雲 • 陳智遠 • Rubio Chan • Jamie Cheung • Gurpreet Singh ]