1. What are the structures that exist in this company? Identify them. 2. What kind of structure...

Fantastic news! We've Found the answer you've been seeking!

Question:

1. What are the structures that exist in this company? Identify them.
2. What kind of structure do you think TG Bank works with?
3. Do you consider TG Bank's work structure valid for its expansion? for Latin America? Could you explain your answer?

STUDY CASE
TG BANK INTERNATIONAL

With an experience of more than 100 years, TG BANK INTERNATIONAL is a leading provider of global financial services. It mainly focuses its business on commercial banking, credit cards credit, investment banking, wealth management, and asset management. It is one of the entities of leading financial services in the European market by market capitalization, present in more than 35 countries, with more than 120,000 employees and more than 40 million customers.

Organizational structure
TG BANK I. to carry out its business model has long ago adopted a management and a structure that would make the entity as efficient as possible, with excellent results becoming the tenth European banking group by assets managed. This structure presented below is replicated practically in all those countries in which it is present, that is, it can be extrapolated to its global market. The current economic crisis is not leaving TG BANK I indifferent either, which has led it to a recent approval of an employment regulation file (360 employees will be dismissed from their total workforce). This restructuring, painful in every sense, cannot be a brake on TG BANK I. to improve its business figures and to do so it has to take the necessary strategic and structural decisions. To provide this efficiency to the management of its extensive portfolio of Group businesses, TG BANK I.
It has an organization structured as follows:

Corporate, investment, private, and asset management banking
TG BANK I. covers a wide scope of the European wholesale market, from small and medium-sized companies to some of the largest companies in the economic community European Union, corporate clients, public institutions and financial entities, and high-end clients with purchasing power and great fortunes. It offers a wide range of financial products, from the simplest banking
transactional, to the most sophisticated investment, financing, and asset management instruments risks.

It includes the following business units:
⎯ TG Corp: responsible for the relationship with corporate clients and companies.
⎯ TG Kapital: responsible for managing the Group's institutional relationship with clients corporations, sovereign states, public institutions, and financial entities which offers solutions to your financing and financial risk management needs.
⎯ TG Fortune: wealth management and private banking unit. Responsible for managing the Group's relationship with clients with high purchasing power, offering them solutions to their financial planning needs, investment, and intermediation services. This business unit includes TG Fortune Managers and a fund manager.

Retail and business banking
TG BANK I. offers an extensive catalog of products for individuals, both financing (at consumption, mortgage, through credit cards, etc.), such as savings, financial planning, and investment (taking advantage of the Group's global leadership in areas such as private banking and wealth management). In addition, TG has an exclusive and personalized banking service for its Premier clients, which includes continuous attention, the best personal managers, and a wide range of differentiated products.
Includes the following business units:
⎯ Retail banking: offers financing and savings/investment solutions to clients and individuals through a wide catalog of financial services.
⎯ Business banking: offers small and medium-sized companies advice on specialized, products and services.

⎯ TG payment methods: credit card business.

Strategic vision
TG BANK I recently approved a modification to its strategic plan, in the sense that, a Once the business figures in Europe have been consolidated, it is proposed from 2013 to 2020 a strong expansion of its business in Latin America, which will allow it to reduce risks when working in different areas and markets.