In a world where banks buy banks to the point we have monster banks like Credit Sussie, Chase Bank, etc. typically follows what is happening in other industries.

The manufacturing sector recently announced that Kraft is going to be splitting into smaller companies.

Could you see banking doing something similar?

like
Posting as :
works at
You are currently posting as works at

I don't expect we'll see that happening. All the circumstances in banking favor consolidation. There are economies of scale that come to mind. And there are also regulatory issues, regulators like to see a banking system that's stable and consolidated. There was a lot of talk about breaking up the big banks following the 2008 crisis, but there was never much follow-up on that.

I could see that happening at some point in the future. To piggyback on the 2008 crisis, there was the Dodd-Frank Act, which did limit some risky activity. It didn’t make big banks split, but I could see the potential for it at some point in time.

Interesting thought! Banks have kept getting bigger through mergers, but I could see regulation or market pressures eventually pushing them to split, kind of like what’s happening in other industries.

Out of interest, why are Kraft doing that? I can’t see banks choosing to do it but I can see scenarios where it’s insisted on by shareholders (I.e to split out high profit margin areas)

Based on what I’m seeing, they are splitting down the line between condiments and foods. So maybe profit margins.

Related Posts

like

Hello Friends,
My Yoe =4 years, technology = Automation Quality Analyst. I have 2 offers as below :
1) Tibco= 13 lakhs
2) JP Morgan and chase = 11 lakhs

Please suggest which would be better in terms of job security & work life balance and carrier growth?

like

Can anybody of you please share some details over their CTC structure , Non taxable components please over & above benefits in Amex ?

My query is specific to position of SE 1 @ SE2

When, if ever, do you add “Esq.” to your name outside of work?

I’m currently in a minor dispute with a company over a credit card overcharge and am wondering if I should have added “Esq.” to my signature in my complaint email lol.

likefunny

I’m a US citizen and my partner is in india. We want to apply for a fiancé visa. Heard it’s better and processes faster than brining over a spouse. Curious how long it takes to process? Your experience and any recommendations for immigration lawyer to help file in the NJ area would be appreciated. TIA!

like

Hello folks,

Hope you're well.

I'm a cyber security professional and business analyst at EY with 4 years and 6 months of experience in IT operations, IT security assessments and audits and regulatory compliance.

Looking for a job in the UK that offers visa sponsorship, will appreciate any leads, referrals you may be able to muster.

like

Any KPMG US AAS fishes here?
I can see lot of openings on the website but it says no visa sponsorship.
I’m in UK office but want to move to US for a change. Do you see any inbounds from other member firms generally? Is it possible if i apply?

like

KINDLY HELP!! 🙏🏻
Hello Amex Fishes, I have an offer from Amex. If I get a better offer from other companies, Can I re-negotiate here at Amex? ( I have received and accepted the OL, accepted LOI 2 weeks back, and BGV has also started)

like

Hi Fishes,
Can anyone refer me
JPMorgan Chase for associate profile I have the job id with me

like

Hi fishes,

Need your opinion.

Working for
Wipro as azure data engineer in Spark, Hive, Azure ADF, ADB etc.

Current CTC: 17.5 LPA

Total YOE: 11 years

Relevant exp in big data: 6 yrs

Relevant exp in Azure: 2+ yrs

Got offer from Atos of 26.4 LPA. Is this a good offer? or Shall I search other job at 30+ LPA?

Getting calls from some product companies like JPMorgan Chase Chubb. How much can I expect from these product companies?

Wipro Infosys Tata Consultancy IBM Capgemini Cognizant Accenture India

like

Hi All, I have qualified 2 rounds in Customer Segmentation Analytics, Now 3rd round was scheduled but it is mentioned Quant Analytics in JPMorgan Chase. I am confused now, it is again for some other role or for the role that is told initially. If anyone has faced any similar situation before ,please guide me. Thanks in advance. JPMorgan Chase

like

Does amex provides Night Shift allowance for folks working in Night Shift??
Amex Gurgaon

like

How is the wlb at JP Morgan Chase CTO Lob

Hi mates,

I am working as JAVA Full Stack Developer..
3 years experience in MNC (TCS)
I am living in India
Can anyone help me how can I get work/sponsorship visa.
Countries i think is better which might give good opportunities - USA, UK,Canada.
Or if they can help me by any help for getting into this country,it will be great.

like

I am a SC in Deloitte US and thinking of moving to Canada. I don't hold a US passport, is there a way i can get a work visa in canada maybe through Deloitte or other big 4? If yes, What type of visa is it and how to apply?

like

Is it worth it to get the Amex platinum for a year for the large bonus offer if the intention is to possibly cancel it at the end of the year rather than downgrade?

like
likehelpful
like

Putting an offer on a condo, do the folks on H1B include any visa clause for out? How do you factor for contingency when your visa is pending the regular renewal/ extension considering i140 is approved ?

like

How does Visa bonuses work? Does everyone with an average strong rating automatically get the target 8, 10, or 12%, etc. bonus? Do they get more or less for other reasons?
Who gets equity?

like

More Posts

Convo about mentoring came up recently. I suggested on a whim to a SE to find a sales rep mentor to learn about the mind of a sales person. Never tried it and now I am. Has anyone tried this?

like

My PTO was approved for the Thanksgiving & Christmas weeks but I’m totally clueless about the vacation spot given the pandemic situation. Requesting your recommendations. Warm places preferably! Thinking of Hawaii/Keywest

like

I have an offer and want to negotiate

1. London base salary but I have to absorb all the expenses (train + stay)
I am thinking to negotiate to

2. home base salary and have my expenses paid for

I know that's depends on the amount I have to travel (and potentially stay) but at the moment this is unknown. Past 8 months was just twice a month + 2 nights stay.

The only thing I know is it won't be every week, the return trian ticket is about £80-100, depends I could plan ahead.

Anyone familiar with north highland? Have any insights on working there? WLB?

like

Has anyone bought an X-Chair office chair?

like

Hey guys,

YoE 9 years

Tech stack: Java + Angular

Which one to choose between the below companies?
Visa vs Cisco

Considering the kind of work I get and wlb, please suggest.

Both are hybrid working as of now..


Visa Cisco Both are giving almost same package.

Thanks in advance.

like

Hi Frnds,

Please help me out between two for learning, growth and wlb
L&t infotech or Happiest Mind
Ctc same 18 fixed
Yoe 5 yrs
Tech stack Data science
Only 2 days is left for joining

TIA

like

Hi,
In Capgemini how to connect to manager for job id posted in MY MOBILITY - JOB FEED.

like

I joined Tiger Analytics 1 month back as Analytics Consultant but still have not been allocated to any project. How long does it generally take to get allocated ?

like

How long does it take to complete background verification and onboarding activities from client side???

like

Hey guys can I get some hearts so I can start messaging people pleaseeeee

likeupliftinghelpful

Hi,

Can someone tell me what would be my inhand salary?

Post Photo
like

What is an average pay for a clinical lead medical assistant in Philadelphia area?

What’s the best site to put your condo on rent other than Kijiji & MLS?

Hi will HR reject my offer if I ask for my CTC revision after accepting the offer without having any counter offer

like

Hii punekar
Need 11 likes for DM

like

Been I'm a new city for almost 3 years now and still haven't made any close friends.

like

Was hanging out with a friend in town. We met on Bumble but he just wanted to be friends. He has dated several guys since we met and we continue to hangout as friends (cont)

like

Note down 5-10 top questions you wish you would ask (or you would have asked) your significant other before you commit (or committed) to marriage ?

If you mention your own ethnicity in the response , that'd help.

like

Is there a polite/gentle way to talk to your boyfriend about the fact that he has gained a lot of weight in the past year and needs more physical activity in his life?

I am not a very shallow person — he was already on the heavier side when we met. But when I look at photos from just a year ago, it’s clear he’s put on a lot of weight. I am worried about his health. I don’t want to overstep or make him feel insecure. Just wondering if anyone else has ever been here.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal