Few universal banks offer value today: Bain
Singapore
A NEW report by Bain & Company offers yet another check on the universal bank model.
Its recent analysis of 250 banks globally showed that one in nine are what it dubbed sustained value creators. This was defined as banks that outperformed the market on revenue and earnings growth over the 10-year period, and at the same time, delivered total shareholder return greater than the cost of capital.
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