40 years: Executive leadership & banking
In the final video of the series, Sir Mark Boleat discusses the current issues and the development of building societies across the world.
In the final video of the series, Sir Mark Boleat discusses the current issues and the development of building societies across the world.
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6 mins 54 secs
Building societies are great survivors, they have grown and evolved over time to become and remain as major retail financial institutions, providing strong competition to banks. However, they still face issues i.e. enhanced regulation such as higher capital requirements. Despite this, societies have retained their key characteristics, as institutions that specialise in retail savings and mortgage markets.
Key learning objectives:
Understand the role of building societies today
Outline the current challenges that building societies face
Understand how building societies have developed across the world
Access this and all of the content on our platform by signing up for a 14-day free trial.
Access this and all of the content on our platform by signing up for a 14-day free trial.
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