The landscape for Wholesale Banking (including Investment Banking, Corporate Banking, and Markets) continues to evolve in response to a volatile global economy, increasing regulatory scrutiny, and public pressure. In response, most banks are rethinking their strategy in order to best leverage their resources, namely capital, and talent. Against this backdrop, corporate players continue to seek capital and advice, and the banks are showing signs of returning to more traditional businesses – raising capital, focusing on relationship-driven banking and advisory-based fees.
These extraordinary changes in both the market and in the strategies of banks and advisory firms emphasize the importance of leadership, client relationships, and management skills. Moreover, they also underpin the need for a broader understanding of Investment Banking’s place within the wider business sector and a more sophisticated view of the banker’s role.
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What skills are needed now?
To stay ahead of the competition in this rapidly changing market landscape, banks and advisory firms will need to ensure they have access to the most highly skilled staff, both at the executive board level and within the business as the right leadership will be critical in assessing the changing landscape and identifying the emerging opportunities. These institutions must be increasingly focused on relationships and adapting to satisfy their clients’ needs. New and growing areas of banking – such as restructuring, distressed debt, and financial technologies – will also call for a new type of talent.
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How can Boyen Haddin support the Wholesale and Investment Banking Industry?
Boyen Haddin’s Global Wholesale and Investment Banking practice consist of a highly professional global team that partners with senior executives of international and regional banks and advisory firms to address hiring needs and assist with the assessment of existing management competencies. Over 40 consultants worldwide are dedicated to serving clients in this sector and act as both advisors to banking clients, as well as naturally trusted career advisors to many current and future top professionals in the industry.
Additionally, at a time of increasing focus on the relationships and services that bankers provide, we have access to the views of senior business leaders on “who banks them best.”
Managing the high-performance teams needed to steer companies safely through the muddy waters of the current market also poses particular leadership challenges in terms of strategic, talent, and human resources management. With our well established Leadership Strategy Services and our unique Team Effectiveness Review, we are particularly well placed to support companies’ boards and top-management teams in these challenging times.
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How we operate
Our unique “one-firm” approach, which facilitates collaboration across geographical and practice boundaries, enables us to bring highly skilled and experienced teams to the table, with proven expertise tailored to meet the needs of clients and to achieve credibility with candidates and opinion leaders around the world. This is crucial, particularly in bringing a comprehensive and relevant pool of talent on any given mandate on a global basis.
By focusing on people and skills management in the context of a specific strategy, we help banks to rethink their organizations and their winning value propositions.
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