Asian Development Bank's New Future: Establishing the Concept of Profit (Second Edition of the Original Book)

Author: Bowles
Publisher:
Publish Date: 2005-03-01
Features: "The New Future of Asian Banks" offers a compelling, rare, and pragmatic assessment of the opportunities and challenges currently faced by Asian banking. This book gathers insights shared by McKinsey consultants and leading banks across Asia, showcasing the significant opportunities for Asian banks and revealing the secrets to overcoming conceptual challenges to achieve sustainable profitability. Whether for financial professionals or company managers involved in formulating Asian business strategies, this book is a valuable resource and an outstanding guide—it should also be a must-read for decision-makers across Asia. Success will belong to those banks that "embrace profit orientation." The three authors from McKinsey & Company articulate the fundamental forces shaping the banking market in this dynamic region of Asia. The core of this transformation lies in the increasing role of mergers, acquisitions, and alliances in executing the strategies of leading banks. This book covers multiple regional markets in Asia and various banking businesses, with key topics including:
Personal financial services: Many participants, few successes;
Asset management: Transforming savers into investors;
China: The giant on the tightrope;
India: A polarized market;
Cross-border mergers and acquisitions: Proceed with caution;
International alliances: Cowards cannot succeed.