tag:blogger.com,1999:blog-33693245.post7730957154826847630..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: The end of global banking?The Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33693245.post-91723154803743006842015-05-14T13:13:59.159+05:302015-05-14T13:13:59.159+05:30Prof.
Thanks for the article.
I recall you menti...Prof.<br /><br />Thanks for the article.<br /><br />I recall you mentioning often about banking consolidation or banks getting too big because of complexities of managing large assets.<br /><br />Probably, the "Global Banks" have realised this now and thankfully retreating. Infact the cost of operation from the retail perspective is probably higher for customers with these banks than with local banks.<br /><br />Couple that with the money laundering charges against HSBC, we are blessed with such a withdrawal.<br /><br />- DeepsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-49353148535759609762015-05-14T08:26:07.509+05:302015-05-14T08:26:07.509+05:30NS, The earlier fad was 'glocalisation', t...NS, The earlier fad was 'glocalisation', that is, global entities catering to local tastes. In banking, the issue is of maintaining controls and the costs of regulation. In other sectors, market forces themselves may go against the 'the world is flat' proposition.<br /><br />TTRT T Ram Mohanhttps://www.blogger.com/profile/06925858642839337950noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-9437388880694985192015-05-13T22:07:56.955+05:302015-05-13T22:07:56.955+05:30This makes me recall the lectures of Prof. Pankaj ...This makes me recall the lectures of Prof. Pankaj Ghemawat of IESE Madrid. He maintains that the world is not flat. Telecom is the example he cites often to prove his case. - NSAnonymousnoreply@blogger.com