London, 15 October 2015 – Banks can help small and midsize enterprises go global by becoming external partners that put their clients into meaningful foreign business relationships. U.S. banks offer globalization solutions and financial products to their SME clients, following good practices and supporting their corporate customers’ internationalization efforts. But do they still have gaps to fill?
This research investigates how U.S. banks with an international presence are positioned to take a partnership role for U.S. companies that want to go global, and it reviews the globalization solutions of the top six U.S. banks: JPMorgan Chase, Bank of America Merrill Lynch, Wells Fargo, Citibank, U.S. Bank, and PNC Bank. It is based on interviews of corporate and financial executives and export trade experts as well as extensive desk research.
This 45-page Impact Note contains 27 figures. Clients of Aite Group's Wholesale Banking & Payments service can download this report.