International Banking Strategy: The Quest for El Dorado?
The financial crisis and its aftermath have created a clear trend towards the re-localization of banking activities. Many pre-crisis global banking powerhouses have disposed of international assets to satisfy higher capital requirements, respond to increasing regulatory complexity, or simply focus management attention on restoring profitability in their core domestic franchises.
But despite these headwinds, international strategy is back on the agenda in many bank boardrooms as stronger players seek to take advantage of their relative position by expanding internationally and banks in low-growth markets seek to lay the foundations for future earnings streams.
In a new report Oliver Wyman highlights attractive markets based on both economic fundamentals and structural considerations, and describes how to develop an institution-specific framework that leverages differentiated capabilities while both respecting and managing the constraints that exist in the post-financial crisis world.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned operating unit of Marsh & McLennan Companies [NYSE: MMC].
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Table of Contents
The Need for an International Strategy
The Explorer’s Map
The institutional Lens
Charting a Course