No other industry in the world is as globalised as the banking industry. The regulations imposed by the banking supervisory authorities alone take care of that. The global standard is "capital market capability" – whether in interest-related operations or in the lending business, transparent, liquid capital market structures are the aim everywhere.
Our task as we see it is to pass on capital market know-how to our clients and make them aware of its consequences. Our aim is to enable our clients to benefit from the advantages of the capital market mentality but without losing their traditional customers or their staff – in other words, while allowing them to remain true to the European banking tradition.