Global management consulting firm Oliver Wyman and Morgan Stanley released detailed report on the subject in March, highlighting that global banks have shrunk their balance sheets by some 20 percent since 2010 which has "significantly" reduced the liquidity in secondary asset markets.
International consultant Oliver Wyman recommends a rejig in the functions of the Sebi. The market regulator may consider these when the Sebi board meets next on June 25.
What bank would not want a piece of a market that has doubled in six years and should repeat the feat in another eight? That is one reason there are 300-plus foreign banks now operating in China
Foreign banks are failing to make headway in China and will not create profitable mainland businesses just through riding the expected growth in the markets, according to a study.