Branch Today Gone Tomorrow

The case for the death of branch banking

Business & Finance, Finance & Investing, Banks & Banking
Cover of the book Branch Today Gone Tomorrow by Brett King, Marshall Cavendish International
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Brett King ISBN: 9789814351935
Publisher: Marshall Cavendish International Publication: January 2, 2012
Imprint: Marshall Cavendish Edition Language: English
Author: Brett King
ISBN: 9789814351935
Publisher: Marshall Cavendish International
Publication: January 2, 2012
Imprint: Marshall Cavendish Edition
Language: English
In the wake of the global financial crisis, retail bankers face another equally challenging shift to their business in the near term the demise of the branch.In the UK, one bank branch has closed everyday since 1990. In the US, transaction volume in-branch will be down almost 60% between the period 2006-2015. In developed economies, consumer visits to bank branches have been down 80-90%. Yet today most banks spend more than 80% of their channels budget on branch real estate, staffing and support. In a world where the fastest growing interactions with banks are through Internet, mobile phones and social media, what does the bank of 2015 look like? How will we support a 50% reduction in number of branches in the next few years? Where will all the tellers go, and what happens to all that real estate? Branch Today, Gone Tomorrow is a detailed, multi-faceted business case for the reprioritization of branch banking in the channel mix. It explores economics, behavioural shifts, trust issues facing banks, new retail distribution models and drivers challenging the branch-centric models of yesteryear. Branch Today is not about getting rid of every bank branch you have. It’s about understanding how banking changes when branches are no longer at the centre of acquisition, service and channel strategy.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
In the wake of the global financial crisis, retail bankers face another equally challenging shift to their business in the near term the demise of the branch.In the UK, one bank branch has closed everyday since 1990. In the US, transaction volume in-branch will be down almost 60% between the period 2006-2015. In developed economies, consumer visits to bank branches have been down 80-90%. Yet today most banks spend more than 80% of their channels budget on branch real estate, staffing and support. In a world where the fastest growing interactions with banks are through Internet, mobile phones and social media, what does the bank of 2015 look like? How will we support a 50% reduction in number of branches in the next few years? Where will all the tellers go, and what happens to all that real estate? Branch Today, Gone Tomorrow is a detailed, multi-faceted business case for the reprioritization of branch banking in the channel mix. It explores economics, behavioural shifts, trust issues facing banks, new retail distribution models and drivers challenging the branch-centric models of yesteryear. Branch Today is not about getting rid of every bank branch you have. It’s about understanding how banking changes when branches are no longer at the centre of acquisition, service and channel strategy.

More books from Marshall Cavendish International

Cover of the book Short Stories Eureka by Brett King
Cover of the book 100 More Great Leadership Ideas by Brett King
Cover of the book The Evil Executive by Brett King
Cover of the book Sarah's Yummiest Food by Brett King
Cover of the book Memories of a Nonya by Brett King
Cover of the book The Singapore Story: (Student Edition) Memoirs of Lee Kuan Yew by Brett King
Cover of the book Feng Shui for Small Spaces by Brett King
Cover of the book BEYOND BORDERS by Brett King
Cover of the book Singapore Hawker Classics Unveiled by Brett King
Cover of the book Donburi by Brett King
Cover of the book Love, Sex and Everything in Between by Brett King
Cover of the book I Am Gifted, So Are You! by Brett King
Cover of the book Uncanny Valley by Brett King
Cover of the book Abbie Rose and the Magic Suitcase-Telling the OTTERS to leave home was a REALLY Big Mistake by Brett King
Cover of the book Foreigners Behaving Badly by Brett King
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy