The latest issue of Frontiers in Finance reflects a number of aspects of this search for growth in difficult times:
- Western Banks in Asia – what does it take to succeed? In most Asian countries, the market share of Western banks is very low, and this has not changed much over the last 5–10 years. Why is this? And what do Western banks need to do if they are to make a success of growing in Asia?
- Rethinking operations – Embracing transformation in a rapidly-changing market: The foundations of the capital markets sector are shifting. Leading firms are realizing the growing need to transform their operations to defend their market share and position themselves for the competitive battle ahead.
- Unlocking the opportunity within – Predictive analytics and modeling in Insurance: Insurers have always sought to analyze customer metrics. Understanding the potential for loss or damage and the propensity to claim are fundamental to risk management.
- Pivot, tweak or pounce – Strategic challenges in wealth management: The private banking sector used to have a reputation as being rather close as well as lucrative. However, multiple developments in the last few years have driven major change. The opportunity remains to develop sound, profitable business. But clear strategic decisions are needed.