FSIReview: Issue 6 has been saved
FSIReview: Issue 6
There has been much news about the growth of the emerging market economies, and how institutions in the developed markets are looking to benefit from these fast-growing markets.
But the untold story is the reverse; banks based in these markets have been gaining strength, and with that strength, are now looking to expand beyond their borders. Expansion within their home countries will take emerging markets-based banks only so far, and it provides little diversification when domestic economic volatility spikes downward.
That’s one reason why emerging markets-based banks are looking to expand into both developed and developing markets. In this issue we explore the growth opportunities in emerging markets and other matters such as sustainable value for bank shareholders, private wealth management and challenges of the modern CRO.