Exact(1)
I ask Käärmann how different the conversation is with a challenger bank like Monzo — which arguably has nothing to lose by partnering with TransferWise and will generate affiliate revenue on each transfer — compared with larger incumbent banks who have historically generated fat margins on foreign exchange fees.
Similar(57)
Moreover, because these are closed markets, networks can fix prices at levels that generate fat margins.
The best will generate fat profits, since patients have to take their pills every day.
Oligopolies that generate fat profit margins and leave banks with little incentive to take risk actually suit regulators.
Some of the issues, like Dai-Ichi, are going to be giant, generating fat fees for advising banks.
These businesses are growing fast, and generate fat fees: in America, investment banks charge a princely 7% of the principal raised in IPOs (initial public offerings of shares).
It seems obvious that until executives are forced to dig deep into their own pockets to pay penalties in these matters, they will be tempted to take as many risks as possible to generate fat paychecks.
Mr. Ramnarine showed at least a bit of understanding about how to engage in insider trading by using options, which can be far more lucrative because they require a much smaller up-front investment and can generate fat returns.
They won't generate fat margins, Queen concedes.
Also, many enterprise firms generate fat margins by tailoring their software to fit within the idiosyncratic workflows of megacorps.
Yet big names in established sectors didn't generate fat returns this year because investors didn't see strong future growth.
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