Global transaction banking has long been described as a bank’s crown jewels because of its steady profit contribution even in the worst economic times, its reputation as a “sticky” core banking service, and its long history of strong growth.
As a business that is generating industry-wide revenues of over $500 bn, the stakes are high for getting it right and protecting this valuable franchise.
Corporate bankers have a complex set of issues to contend with in order to optimize their management of this changing and challenging business. An important key to success is ensuring that Corporate Banking executive teams are equipped with the appropriate competencies through the development phases towards maturity.