Abstract
Operating in more than one state or country makes an organisation more complicated to manage. Operating in many countries is very complicated. As the world opened up to increasing foreign investment, more banks followed the first multinational bank, Citi, and these banks became multinational with all the complex challenges this brought. Some believed that soon a few global banks would dominate, as had happened in other industries. The 1990s saw extraordinary acceleration of mergers amongst banks creating universal giants, including Citi, J.P.Morgan, Credit Suisse and UBS. No one questioned whether the management would be able to manage the complexities associated with this growth.
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Dinesen, C. (2020). Complexity from Growth: Territory and Size—How Absent Management Occurred Through Growth by State, Country and Sheer Size. In: Absent Management in Banking. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-35824-2_5
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DOI: https://doi.org/10.1007/978-3-030-35824-2_5
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