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Business
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| Number of pages / Number of words: |
34 / 9367 |
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In order to maintain or gain competitiveness many banks have seen the need to modify their competitive strategies and traditional forms of organization Journal - Title: Internationalisation of banking in Europe: Implications for European Works Councils Author(s): Miriam Quintana Fernandez Journal: Employee Relations ISSN: 0142-5455 Year: Dec 2003 Volume: 25 Issue: 6 Page: 575 - 594 DOI: 10...
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The era of easy profits and protected markets has finished. Bankers can no longer rely on the traditional businesses of deposit taking and making short-term loans to generate decent revenues.
Today's core profit areas are mainly in consumer lending, credit/debit cards, insurance, investment banking, private wealth management, equity-and-debt financing and offering high-tech instruments, such as derivatives, the trading of credit, interest rate and foreign exchange risks...
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