In a recent global financial services report by Deloitte Consulting and Deloitte Touche Tohmatsu, 62% of financial executives surveyed worldwide believe that foreign competition will have a significant impact on the industry, and 65% plan to expand their business internationally.
Global executives cited North America as the geographic location that is of primary importance to them, both now and in five years. Second in importance was Europe, followed closely by emerging Asian countries.
Joint ventures emerged as the …

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