But these are very different business cases - retail banking and institutional investing have very different customers, practices, regulations, etc. So why not make these be different companies?
>But these are very different business cases - retail banking and institutional investing have very different customers, practices, regulations, etc. So why not make these be different companies?
Operating Systems and Search Engines are completely different business cases with different industries and markets.
So why does Google do Search and Android? Because both fit the larger Google Data focus.
Both retail and institutional banking fit the larger Bank Finance focus.
They are one big company for the same reason why Apple makes smartphones and desktop operating systems.
For the same reason why Microsoft develops the best Office Software as well makes tablet computers with styluses.
What can I say? You can use government to force large companies to break up, but otherwise the existence of a large company that works in multiple industries or has multiple focuses isn't that crazy or alien.
Operating Systems and Search Engines are completely different business cases with different industries and markets.
So why does Google do Search and Android? Because both fit the larger Google Data focus.
Both retail and institutional banking fit the larger Bank Finance focus.
They are one big company for the same reason why Apple makes smartphones and desktop operating systems.
For the same reason why Microsoft develops the best Office Software as well makes tablet computers with styluses.
What can I say? You can use government to force large companies to break up, but otherwise the existence of a large company that works in multiple industries or has multiple focuses isn't that crazy or alien.