Suppose that you have applied for a post of manager advertised by a foreign bank. From the advertisement, you know that the bank is one of the largest commercial banks in Spain. In order to expand its business in Asia, the bank has decided to set up a branch in Hong Kong. The post holder is responsible for the bank’s corporate banking business in Hong Kong. You have been selected to sit a written test. In the written test, you were asked to write essays on the following two topics. Imagine that you are now taking the test.
a. Factoring and leasing are traditional financial products that are being marketed to corporations. Compare and contrast these two banking products.
b. In the current corporate banking environment, can you suggest three types of corporate banking business that would be profitable? Justify your answer.