JOIN US
SIGNS OF
CONVERGENCE
“After hearing
the feedback from
clients, we decided
to evolve our
sales teams into
a working capital
sales team on the
corporate side.”
Jiten Arora,
Standard Chartered
Transaction
bankers
have
been
talking
about
the
convergence
of
different
corporate
banking
products
and
services
for
a
number
of
years.
Is
it
now
happening?
Bankers
like
to
talk
the
talk
about
convergence
but
evidence
is
emerging
that
financial
institutions
are
now
slowly
but
surely converging their multi-product corporate-focused
business
streams.
Initially,
banks
have
focused
on
bringing
together
their
cash
management
and
trade
finance
activities.
According
to
a
report
on
trends
in
transaction
banking