The Profitable Business of Private Banking

Dimitris N. Chorafas

Chapter 9 in The Commercial Banking Handbook, 1999, pp 212-239 from Palgrave Macmillan

Abstract: Abstract The five chapters on strategic planning in Part One provided the evidence that, in the banking industry, a few large customers account for the largest percentage of income and of profits. The same is true in other industries, an example being the telephone companies, where the top 1 percent of clients of the Bell system accounts for 25 percent to 35 percent of toll revenues, while, for AT&T, the top 4 percent of business customers make 62 percent of all long distance calls.

Keywords: Geographic Information System; Institutional Investor; Investment Bank; Private Banking; Relationship Banking (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1057/9780230379084_9

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