SUBSCRIBERS

In corporate banking, a rising tide doesn't lift all boats: study

Performances of corporate banks are diverging widely within each region today, says McKinsey

Published Wed, May 2, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

SUCCESS in corporate banking used to come down to that factor often cited in property investment: location, location, location. A decade ago, corporate banks would do well so long as they bet on the right markets, which would include emerging Asia.

But a fresh McKinsey report shows that performances of corporate banks are diverging widely within each region today, suggesting that nimbleness in cross-selling and loan pricing is worth much more than planting flags on the map.

Copyright SPH Media. All rights reserved.