Managing Correspondent Banking Networks
Robert Ellison
20 years: Capital markets & banking
In Rob's previous video, "What is Correspondent Banking and why do we need it?", he covered what correspondent banking is and the products involved. In this video, Rob explains why banks work together, the benefits of having a large or small network of correspondents and whether circumstances are different for a global bank.
In Rob's previous video, "What is Correspondent Banking and why do we need it?", he covered what correspondent banking is and the products involved. In this video, Rob explains why banks work together, the benefits of having a large or small network of correspondents and whether circumstances are different for a global bank.
Managing Correspondent Banking Networks
13 mins 13 secs
Banks must perform the balance act of deciding between whether to maintain a large or small correspondent bank network. There are risks and rewards associated with both options and the details are described below.
Key learning objectives:
Understand the advantage of participating in correspondent banking
Identify the benefits associated with large and small correspondent bank networks
Robert Ellison
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