SWIFT is close to what's going on in the global banking industry. The Society for Worldwide Interbank Financial Telecommunication manages the information flow in financial institutions in more than 200 countries and regions.

Lazaro Campos, CEO of SWIFT

Today we talked to SWIFT CEO, Lazaro Campos. Campos says while his business is down in 2009, he predicts banks will probably go back to the 1970s, as the financial crisis will reshape the industry. Now let's hear what he has to say about China's financial industry.

(CCTV July 6, 2009)