New Future of Asian Bank

Author: T. Bowers (USA)
Publisher:
Publish Date: 2005-04-01
Features: "Asia remains a complex market, and only financial institutions with deep local roots or strong specialization can establish attractive and sustainable business networks. 'Asia's New Banking Future: Building Profitability' offers a convincing, rare, and pragmatic assessment of the opportunities and challenges facing Asian banking today. In the transformation of a new bank, the most significant change has been our leadership shifting focus from pursuing quantity to establishing a self-reliant profit mindset. This book, based on thorough research, showcases the abundant opportunities facing Asian banks and reveals the secrets to overcoming conceptual challenges to achieve sustainable profitability. Whether for financial industry professionals or company managers involved in formulating Asian business strategies, this book is a valuable asset and an outstanding guide. This book compiles the insights shared by McKinsey consultants and leading banks across Asia, dedicated to a broad readership. It should also be a must-read for decision-makers across Asia. Success will belong to those banks that 'build profitability.' The three authors from McKinsey & Company explain the fundamental forces shaping the banking market in this dynamic region of Asia. The core of this change lies in the increasing role of mergers, acquisitions, and alliances in executing the strategies of leading banks. This book covers multiple national and 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 & Acquisitions: Proceed with Caution; International Alliances: Cowards Need Not Apply."