Compete or collaborate – or give up?

Cash management poll 2006: HSBC takes top position                 Full results                Methodology   

THERE’S A LONG-STANDING problem in the cash management business: how do you streamline and standardize in order to stay in an increasingly globalized and fast-moving race without compromising your products? Compete or collaborate is this business’s catchphrase, as the few banks with a truly global network extend their influence while smaller players face the stark choice of outsourcing their regional expertise to one of these larger rivals or attempting to expand themselves.