'Global' banks find a new appreciation for home comforts

[...]a number of key regional banks such as Santander and Standard Chartered have argued that the correct direction is to focus just on areas, both geographically and by business function, that make strategic sense rather than trying to cover the entire world. In capital markets, we have an intervie...

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Bibliographic Details
Published in:The Banker 2015-07, p.3-3
Format: Article
Language:English
Subjects:
Botin, Emilio
Emerging markets
Jaresko, Natalie
Regional banks
Online Access:Get full text
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Summary:[...]a number of key regional banks such as Santander and Standard Chartered have argued that the correct direction is to focus just on areas, both geographically and by business function, that make strategic sense rather than trying to cover the entire world. In capital markets, we have an interview with Commerzbank's corporates and markets chief, Michael Reuther, and an outbound report on cross-asset solutions in which Michael Watt discusses the impact of new capital rules on the structured products business. BRIAN CAPLEN EDITOR A NUMBER OF BANKS SUCH AS SANTANDER and Standard Chartered have argued that THE CORRECT DIRECTION IS TO FOCUS JUST ON AREAS, BOTH GEOGRAPHICALLY AND BY BUSINESS FUNCTION, THAT MAKE STRATEGIC SENSE
ISSN:0005-5395