IBS Journal April 2017


31


While all quarters of the year were busy, the fourth quarter has always been particularly active. In 2016, this was primarily due to a significant number of wholesale banking deals, which almost doubled over the deals in Q3. Additionally, wholesale banking deals picked up in the second half of the year, rising from 22 in H1 2016 to 54 in the second half of the year. Leading financial institutions such as China Banking Corporation, Commonwealth Bank of Australia and BNP Paribas finalised contracts towards the end of the year.


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