The Simplification Of Complexity: Economies Of Scope Not Scale
- Topics:
- Commercial Banking
- Tags:
- Citigroup Inc.,
- Complexity,
- Management,
- Risk,
- Security,
- Strategy
- Source:
- Citigroup
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Overview: The American fund management industry is facing twin challenges. To continue to grow at home, it must innovate. To escape saturation at home, it must expand abroad. Both options entail an escalation of operational risks and complexities. Mitigating and managing those risks and complexities is the raison d'etre of the securities services industry, whose leadership is now exclusively American. Yet the leading global custodian banks seem more intent on building scale than adapting their business models to the rapidly changing needs of their clients.
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Format: PDF | Size: 258KB | Date: Aug 2007 | Pages: 2



