With transaction banks in a state of global change, what is the impact for corporates?
The transaction banking market is in an ongoing state of flux, as new entrants join the market, some traditional players depart and the biggest global transaction banks completely restructure their operations. Driven by global banking market change-from continuous growth and stiffer competition in transaction banking, to lost revenue on the investment banking side, to regulatory changes and cost-cutting efforts in the face of it all-it is clear that these transformations are having, and will continue to have, a big impact on corporates.
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