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🌐 BCG Expand’s latest research on correspondent banking confirms that American banks generate over 40% of their global cross-border transaction banking revenue from respondent business — and with this business growing at ~10% per year, the opportunity is significant.
📈 While EMEA and APAC are growing strongly too, the US correspondent banking wallet remains unmatched in both size and momentum.
📩 If you would like to know how BCG Expand can help your organisation unlock its transaction banking opportunities, please reach out.
