I don't think domestic banks will lose any competitiveness, thanks to their huge networks and well-known branding among local citizens. In contrast, they will find more room for co-operation given foreign counterparts' new thinking and expertise.
More Quotes from Katherine Tsang:
We would like to achieve a balance between cities with growth potential and those that can give you immediate yields.Katherine Tsang
Although China is still a very small part of the global business for the moment, China is one of the best growth stories for Standard Chartered in Asia.
Katherine Tsang
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