Flight or Fight? Private banks are being faced with a tough decision: whether they prefer to adjust their business and operating models to the new realities or to exit the market. For sure, the recent news of a private bank's insolvency is still considered a rather extraordinary event.
A global KPMG survey of over 1,200 CEOs reveals the importance of transforming business models and the battle for satisfied customers.In Switzerland, these findings are even more relevant in light of the strong franc, negative interest rates in real terms and unresolved issues surrounding the country’s bilateral relations with the EU.
Increased competition, the growing sophistication of customers and investors have forced many organizations to introduce more complex trading products and strategies. With this increase in complexity comes an increase in the associated risks. We have identified eight red flags that could indicate increased risks for stakeholders of commodity trading companies.