Managing the banker's bank: Treasury

Bankers in emerging markets often view treasury activities that are common in the developed world—securities trading or the development of derivatives contracts, for example—as casino finance. As a result, these banks have lagged behind developed-market competitors in managing risk and creating profitable treasury units.

This thought outlines the following article that talks about the risk aversion of banks in emerging market countries and it attempts to give a dose of advice and commentary on this issue. You can not help but feel that it was high time our banks did something about this i.e. if they are already not doing it. Read the article. You will need free registration to access complete article.

On behalf of FINAX
Abhishek Tripathi