Banks and credit investors seek to become more adaptable through 2011

The changing environment in which banks operate has made adaptability a core attribute for success this year

Banks are having to learn to adapt as investors’ needs become increasingly complex in an environment of heightened risks – economic, regulatory and political.

To take a couple of examples, in the area of investment research, banks have looked to integrate the work of macro teams more closely with that of credit research over the past year to help bondholders assess corporate risk on Europe’s periphery.

And in the index space, bespoke advice has been key as investors look beyond traditional