Investor Presentaiton
Changes to Retail environment
Regulation
Trend towards Customer-Oriented Business Conduct
Greater disclosure for products and services
NOMURA
Competition
External factors
Clients
Move from commission based approach to fee based approach given the trend towards
lower commissions for investment management products
Closer collaboration between banking, trust, and securities arms of other financial groups
Other industries entering financial services
Shift from savings to asset building
â– Technological advances
Clients getting older and living longer
The coming great wealth transfer
Increasingly demanding sophisticated consulting services
Changing the way we work
Employees
Diverse set of values
Financial institutions that can win client trust by responding to
environmental changes will surviveView entire presentation