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Instead, the power of universal banks will be eroded by market forces driven by the new Basel 3 rules on capital ratios as well as a more intangible but vital factor: culture.In 2012 universal bankers and, more importantly, their clients at last realised that financial capitalism had moved too far towards transaction banking at the expense of "relationship banking".
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Whatever the merits of NATO enlargement — and they are many — the eastward expansion of the alliance has unquestionably come at the expense of its relationship with Russia.
If a person donated to a sibling, for instance, might he not become too close to that sibling, at the expense of his relationship with his spouse?
Over the next 18 years, as the House shifted from a Democratic majority to a Republican one, Mr. Turner's ties to the chamber's leadership continued, occasionally at the expense of his relationship with fellow Democrats.
The settlement package of £26m, distributed between 370 families and the creation of the Thalidomide Trust, was 10 times Distillers' original offer of compensation but Louise feels that her father's obsession with the case, no matter how well-intentioned, succeeded at the expense of his relationship with her.
"It seemed as though you can inform patients that a disease is incurable but at the expense of the relationship with them, which is fascinating," she says.
You're putting yourself first at the expense of the relationship when you start a fight.
It's become a sick addiction, and I've carried on my fake, internet relationships at the expense of having relationships in real life.
On Wednesday, Mr. Volcker said that proprietary trading took place "often at the expense of customer relationships".
Is this a commentary on contemporary society's fixation on consumerism, at the expense of nourishing relationships?
Gomer said shrinking staff numbers combined with increasing aid budgets over the last decade pushed contracting officers to follow a "path of least resistance", opting to employ large, experienced contractors at the expense of developing relationships with smaller firms.
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