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Regional banks better at meeting emerging markets' retail demand

Monday, January 26, 2015 - 05:50

HSBC and Citigroup - which, like Standard Chartered, are heavily exposed to Asia - have exited businesses in Asia.


REGIONAL banks appear to be better placed to capture greater trade flows or meet retail banking demand in emerging markets, as international banks retreat from some countries, EY said in a report last week.

"The emerging markets were a focus of pre-crisis expansion for

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