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Editorial Rating

7

Qualities

  • Eye Opening
  • Overview
  • Visionary

Recommendation

New regulations, changing client needs and ongoing globalization are just some of the challenges corporate banks face, and the widening divergence between top and bottom performers shows that some have adapted better than others. This report from Boston Consulting Group professionals around the world advises that, to succeed, corporate banks will have to rethink the traditional model of “being all things to all clients in all places.” getAbstract recommends this broad overview of corporate banking’s evolution to executives in the financial services industry.

Take-Aways

  • In 2014, about two-thirds of banks’ corporate divisions reported returns on capital below 16%, and more than half have experienced falling profitability since 2011.
  • Yet the demand for financial services from businesses of all types and sizes is still huge, representing half the global banking market.
  • “Tighter regulation, shifting client needs, the digital revolution, disintermediation and globalization” are driving a revamp of corporate banking.

About the Authors

Jürgen Schwarz, Carsten Baumgärtner, Gennaro Casale, Allard Creyghton, Oliver Dany, Markus Massi, Tjun Tang, Pieter van den Berg and Keith Halliday are Boston Consulting Group executives.