Markets and treasury activities represent a significant business line in the major Australian banking operations, historically with relatively high returns on equity. These businesses are undergoing significant change and face a challenging regulatory and macro-economic environment.
Oliver Wyman and Morgan Stanley have developed a report, Australia Banks - Markets and Treasury: A Closer Look, to provide a better look at these complex businesses, including primers on the businesses for non-specialists, as well as a detailed review of the industry outlook and the required change agenda for management teams.
