Compete or collaborate? For those in the transaction banking industry that are striving to find the right balance between doing things on their own or partnering with someone else, ‘co-opetition’ – a blend of competition and co-operation – may be the answer.
The Banker brought together transaction banking representatives to take a barometer reading of the industry as a whole, discussing common themes they encounter in their roles. One area of consensus was that the industry could do more to co-operate on issues where banks do not compete, particularly when it comes to regulation.