Download Excellence in Banking — Revisited! by Steven I. Davis (auth.) PDF

Download Excellence in Banking — Revisited! by Steven I. Davis (auth.) PDF

By Steven I. Davis (auth.)

Show description

Read or Download Excellence in Banking — Revisited! PDF

Similar banks & banking books

Vault Career Guide to Investment Banking

The advisor covers the fundamentals of economic markets, together with walk-throughs of fairness and glued source of revenue choices, and M&A inner most placements and reorgs, and dissects profession paths and activity tasks at departments reminiscent of company finance, revenues and buying and selling, examine, and syndicate.

Panic in Paradise: Florida's Banking Crash of 1926

Panic in Paradise is a entire research of financial institution mortgage mess ups in the course of the Florida land increase of the mid-1920s, through the years previous the inventory marketplace crash of 1929. Florida and Georgia skilled a banking panic in 1926 while, in a ten-day interval in July, after uncontrollable depositor runs, 117 banks closed within the states.

Handbook of Short Selling

This entire exam of brief promoting, that is a big gamble on shares declining in price, explores the ways in which this method drives monetary markets. Its specialise in brief promoting by way of quarter, its attention of the background and laws of brief promoting, and its mix of and educational views make clear the makes use of of brief promoting and dispel notions of its damaging implications.

Additional resources for Excellence in Banking — Revisited!

Sample text

Let’s start with Goldman Sachs, whose meritocratic and clientoriented culture is a role model for its peers in the universal and investment banking sectors. Its culture is underpinned by 14 values which were established in the 1970s and which stand out as an example of effective corporate governance. Appendix 2 lists these values, which are repeated in each of the firm’s annual reports and in People and their Culture 39 our view are unique across the banking world in their durability and frankness.

Everybody understands the business model: it’s 99% basic execution. Banking is a pretty simple business; there are no manuals like nuclear physics. It’s just rate times principal times time! We run the business in a decentralized way. The competition has a line of business model, whereas each of our 17 affiliates has a local CEO and the selling is local. The model was established before I arrived. We tell the banks we acquire: here’s the way we operate – and it works! Why change the model? It all depends on how hard you want to hustle.

Focus, well-established brands and a proven ability to integrate smaller acquisitions. The challenge in the EU thus tends to be whether the model can be exported to other geographic markets to sustain revenue growth. Svenska Handelsbanken (SHB) in Sweden has a decentralized, branch-based model which is the envy of many of its peers in terms of its ability to provide not only excellent client satisfaction ratings but also an impressive cost/revenue ratio, low credit losses and steady growth. Introduced by its former CEO, Jan Wallander, in the early 1970s, the basic model continues to function successfully under the current CEO, Lars Grönstedt.

Download PDF sample

Rated 4.65 of 5 – based on 45 votes
Comments are closed.