No bank is an island
Wendy Feller, Cormac Petit, John White, | IBM Institute for Business Value | 01-04-2008
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There's no denying the reverberations of the credit crisis that began in 2007. Even if the crisis has peaked, retail banks face flattening performance, market turmoil and a mounting global shift in assets. Yet, the worldwide financial system is expected to quadruple by 2025. Globalization will open new windows of opportunity and unleash potential new threats. While many feel unprepared, the reality is that no bank – big or small – can avoid globalization.
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9b8311b7-c3e0-4116-9e91-ea279a566c0c Banking & Insurance. Back office operations. No bank is an island Wendy Feller, Cormac Petit, John White, Wendy Feller, Cormac Petit, John White, IBM Institute for Business Value IBM Institute for Business Value 01-04-2008 9b8311b7-c3e0-4116-9e91-ea279a566c0c" There's no denying the reverberations of the credit crisis that began in 2007. Even if the crisis has peaked, retail banks face flattening performance, market turmoil and a mounting global shift in assets. Yet, the worldwide financial system is expected to quadruple by 2025. Globalization will open new windows of opportunity and unleash potential new threats. While many feel unprepared, the reality is that no bank – big or small – can avoid globalization.

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