search query: @author Bream, R. / total: 9
reference: 6 / 9
Author: | Bream, R. |
Title: | The battle for the high street |
Journal: | Euromoney
1998 : FEB, 2, p. 158-160 |
Index terms: | BANKING COMPETITION INTERNET |
Language: | eng |
Abstract: | Retail banking is undergoing dramatic change. New delivery mechanisms such as the internet and aggressive new competitors such as supermarkets will eat into the easy profits previously enjoyed by retail banks. Can the big banks see off the threats? Retail banking has generated remarkably good profits in recent years for big banks. The UK's Lloyds TSB, for example, has become the biggest bank in the world by market capitalization, with profits for 1997 forecast at 3.2 billion UK pounds thanks largely to its focus on retail banking. |
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