Deloitte: banks should take a long view when picking profitable clients

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Deloitte: banks should take a long view when picking profitable clients

Deloitte_PA_230x15_17Dec19
The logo of the private professional services firm, Deloitte during the Fair. First day of the Smart City Expo World fair which exists to empower cities and collectivise urban innovation. It has the visit of 400 international experts, 45,000 m2 and 844 global companies. It takes place from 19-21 Nov 2019. (Photo by Paco Freire / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Some European investment banks are considering weeding out their clients, to make sure they generate a sufficient return from each one. But they must remember to take into account the long term value of clients, according to Deloitte.

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