Is bank about to sell its Corporate Trust business in Europe? Surely if this happens, resources will be free to help other areas. Or perhaps mass cuts?
6 replies (most recent on top)
I expect there will be announcements in the new year. Watch this space.
It would have to be the entire portfolio, not just a segment. It is only profitable as the entire business. No one would want the loss leaders and if we sold the profitable segments, we are left holding the loss leaders.
Guess we will have to wait and see. Not sure there will be many buyers for it.
It sounds specious… facts puh-leeze
That was supposed to happen before but if fell through?
What has led to your asking this question? Do you have any information which you can share?