Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Harvard Business Publishing
Version: 27 September 1991
Length: 20 pages
Data source: Field research
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https://casecent.re/p/46905
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Abstract
Lays out the business challenges facing First Chicago Corporation in 1986: the banking industry has been deregulated, many corporations are bypassing banks in their search for capital, and foreign competition has increased. Their traditional market - corporate banking - has eroded. The strategy they choose is to strengthen their corporate banking business by adding investment banking to its portfolio of products, and distinguishing itself as a ''relationship'' bank. They also want to move into the middle and retail markets in order to build a ''superregional'' bank.
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Abstract
Lays out the business challenges facing First Chicago Corporation in 1986: the banking industry has been deregulated, many corporations are bypassing banks in their search for capital, and foreign competition has increased. Their traditional market - corporate banking - has eroded. The strategy they choose is to strengthen their corporate banking business by adding investment banking to its portfolio of products, and distinguishing itself as a ''relationship'' bank. They also want to move into the middle and retail markets in order to build a ''superregional'' bank.


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