Ecommerce Report

ECOMMERCE REPORT What goes on. As seen in The world of banking has changed dramatically, if not radically, in the five years since the invent of modern technologies! The Economist Web eCommerce Usage Note: the numbers do not represent actual data but are approxim ate estimations used solely for creation of these charts. Top ten banks globally using eCommerce Ching Europe Japan US HSBC ICB PMorgan Chase Bank of America Citigroup Royal Bank of Scotland IPMorgan Chase Bankof America Mitsubishi UFLFinancial Credit Agricole HSBC China Construction Bank Citigroup Mitsubishi UELEinancial Wells Cargo Bank of China Agriaultural Bankof China ICBC Santander Bankof China 50 100 150 100 200 Assets of the top five banks in each region after doing web based banking, Strn Rest of world Europe US 5 10 15 20 25 30 35 Top ten banks average return on investment, % 20 10 2005 06 07 08 09 10 11 12 13 America's giants bigger than ever. Western banks are generating much lower returns on equity than they did in the years before the crisis (chart 3), in part because the industry is being forced to fund itself with higher levels of equity than in the past and online marketing helps with that. Average compensation ratio ** Financial sector employees '0000 60 50 New York City 50. 40 London 40 30 30 Hong Kong 20 20 10 10 ni----- 2007 08 09 10 11 12 13 Dec 2007 Mar 2013 So cost-cutting is much more important than it was: compensation ratios at investment banks have fallen. But those who want a complete reshaping of finance can still argue that change has not gone far enough: more people want to shift their banking business into eCommerce and use MBA softw are to regularize large scale operations. Source: http://www.ariestco.com Created by Aries TCO, Inc. Visit us for eCommerce solutions and give your business a flavor of cutting edge technologies. http://www.facebook.com/pages/Aries-TCO-Inc/103820049840?ref=ts https://twitter.com/ariesit http://www.linkedin.com/company/809478?trk=prof-exp-company-name June 2013 8007