A Battle for Turf Shakes Up the Investment Banking World
With Revenue Streams Migrating to New and Diverse Players, Banks Must Look Beyond Traditional Roles and Transform Business Models to Stay Competitive, Says New Report by The Boston Consulting Group
NEW YORK, NY–(Marketwired – May 17, 2016) – Although unfavorable economic conditions, escalating capital requirements, and stubbornly high costs have continued to depress the performance of many investment banks, the capital markets industry as a whole — including buy-side and sell-side entities, information service providers, and exchanges — thrived in 2015 as divergent institutions vied for territory, according to a new report by The Boston Consulting Group (BCG). The report, Global Capital...
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