Standard Bank--An African Tiger

Standard Bank--An African Tiger

written by Robert Grosse, fl. 2013 (Glendale, AZ: Thunderbird Global School of Management, 2013, originally published 2013), 16 page(s)

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Abstract / Summary
In November 2011, Jacko Maree, Chief Executive of Standard Bank Group, was reviewing the Group’s major decisions in recent years, thinking about the future, and looking for opportunities as South Africa emerged from the global financial crisis of 2008-10. The Group had fared relatively well during the financial crisis, in the sense that no major losses had occurred, and there was almost no exposure at all to the U.S. real estate market or to derivatives based on mortgages there. Even so, the global slowdown had hurt South Africa, and Standard Bank’s core businesses there had suffered as well. To keep shareholders happy, the Group needed to demonstrate a clear strategic direction and to demonstrate commitment to that strategy, possibly by pursuing acquisition(s) or other kinds of expansion.
Field of Interest
Business & Economics
Author
Robert Grosse, fl. 2013
Copyright Message
Copyright © 2013 by the Thunderbird Global School of Management. All Rights Reserved.
Content Type
Case study
Duration
0 sec
Format
Text
Original Publication Date
2013
Page Count
16
Publication Year
2013
Publisher
Thunderbird Global School of Management
Place Published / Released
Glendale, AZ
Subject
Business & Economics, Social Sciences, International Business, Organizational structure, Cultural change and history, International trade, Organizational change, Banks and banking, Management of Companies and Enterprises, Negócios Internacionais, Negocios Internacionales, Standard Bank, Africa, Global Financing Decisions
Keywords and Translated Subjects
Negócios Internacionais, Negocios Internacionales

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