Brokers have every incentive to maintain execution quality and to continue providing top-notch client service, research and other tools as trading commissions become a smaller part of overall revenue.
Speculation that machines will replace commercial banks’ relationship managers misses the mark and overlooks a tremendous opportunity for the industry.
Buy-side traders are frustrated by the fragmentation of equity markets caused by the launch of exchanges and venues, and support measures that would impose tougher requirements on new exchanges.
Digital banking capabilities are now the most important driver of perceptions of ease of doing business and new data from Greenwich Associates shows that the “effectiveness of digital channels” now ranks as the number-one driver of client satisfaction in small business banking.
The winners of the 2019 Greenwich Excellence and Best Brand Awards in U.S. Middle Market Banking all have one thing in common: they deliver traditional banker advisory values along with the convenience of intuitive digital channels.
After years of steady growth, spending on regulatory compliance could level off or even contract this year as financial service firms globally look to rein in costs by outsourcing expertise.