It is often said that British banking is highly competitive but paradoxically up until the 20072009 global
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It is often said that British banking is highly competitive but paradoxically up until the 2007–2009 global bank crisis the banks reported increasing profit performance and increasing ROE each year. How is this seeming paradox explained?
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This seeming paradox can be explained through several factors 1 Economies of Scale Large banks often benefit from economies of scale which simply mean...View the full answer
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Related Book For 
The Economics Of Banking
ISBN: 9789811275050,9789811275074
4th Edition
Authors: Kent Matthew , John Thompson, Tiantian Zhang
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