Thursday, August 28, 2008

Emerging Markets - Investment Banking - Growth Opportunities

The growing opportunity for investment banks in emerging markets

The growth opportunity ofr investment banks is in emerging markets.

Investment banks should look to emerging markets for the strongest growth opportunities in the next few years, recent McKinsey research shows.

Current trends include a relatively benign economic environment, a new breed of globally minded corporate players, and increased competition to develop strong local markets in the emerging world. Emerging Europe, Emerging Asia, Latin America (notably Brazil), and the Middle East are all areas expected to benefit.

Revenues from investment banking in emerging markets should grow in absolute terms even in a worst case. Under all scenarios, they should represent a bigger share of global revenues by 2010.

No comments: