This is a challenging time for banks as the financial world continues to change. Regulations and international standards are raising costs, while competitive and earning pressures mount. Efficiencies of size are becoming harder to achieve. Shifting technologies are changing the way people conduct their financial business. These issues aside, there are opportunities for growth, particularly through globalisation and expansion into new markets.

In this year's Global Banking Industry Outlook we have identified areas of focus, including:

• hedge funds
• cost-cutting
• offshoring
• branch strategies
• anti-money laundering.

To read the 2007 report, download the PDF attachment below.

To listen to the related podcast, click here.