Quote:
Originally Posted by kwoldtimer
That's what puzzles me about this two HQs thing. If their functions are not somehow differentiated, it seems like a recipe for corporate confusion. Will one perhaps be the "worldwide HQ" and the other the "NAmerican HQ"?
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I think you can say with some confidence that they will be differentiated. The head office for personal and commercial banking for any of the five banks is not going to necessarily be in the same building as the head office for capital markets and private equity investments.
People are wrapped up a little too much in airports here. It's proposed as a head office and not a giant Amazon fulfillment centre. All you need is an airport with decent connections around North America for business travel. Costs will be contractual through airlines and hotels.