The Deloitte Center for Banking Solutions, part of Deloitte & Touche LLP, provides insight and strategies to solve complex issues that affect the competitiveness of banks operating in the U.S. We invite you to learn more about our program and how you may benefit from our research, executive forums and industry benchmarking on Public Policy, Operational Excellence and Growth. Learn more. | The Chairman’s Corner A Better Way to Cut Cost
by Don Ogilvie and Paul Legere
U.S. banks are shedding plenty of costs these days, with little choice. They’re responding to fallout from a housing crisis that is taking no prisoners and a credit crunch that has slammed economic growth. U.S. banks are currently on course to cut costs by an estimated $20 billion or more. No one knows for certain what lies ahead. Read the full article Read the archives |