Credit crunch and opportunities for corporate banking in Europe
A new article from the McKinsey Quarterly examines the credit crunch with an eye toward possible opportunities it opens up in Europe’s corporate banking sector.
“Continuing turmoil in global capital markets after the credit crunch of mid-2007 has clouded the short-term outlook, especially in investment banking. We believe, however, that corporate banking in Europe will benefit from several profitable growth areas over the next 18 months and that shrewd players should position themselves accordingly.”
