Bankers like to say they're in the information business. But how well do banks and other financial services companies compare to other industries when it comes to systematically gathering information about competitors and economic conditions?

A recent business intelligence survey conducted by the Futures Group found that banks are more likely than other industries to have a formal structure for feeding such important information to top executives. The most common "intelligence" received involves changing market structure, customer and supplier activities, and the regulatory climate.

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