SUBSCRIBERS
Few universal banks offer value today: Bain
Published Wed, Sep 16, 2015 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Huawei’s new phone sports latest version of made-in-China chip
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks
Singapore shares open lower on Friday; STI down 0.1%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard