2014 Banking Outlook
Repositioning for growth
After five years of tumultuous change, it is no surprise that banking firms have yet to find steady ground. However, heading into 2014, there is increasing evidence that they may have a chance to shift to a higher gear – or perhaps even accelerate.What’s ahead for banks as we look to 2014? Is it the best of times? Is it the worst of times? Or is it both?
While the economy is showing some signs of life, challenges remain for industry executives. Margins are under extreme pressure and business models and product structures are becoming more standardized, mortgages and derivatives being two examples. And regulatory concerns have shifted, from uncertainty over direction to uncertainty over long-term outcomes.
So how can firms begin to pivot toward growth amidst current pressures and challenges? How can they drive increased agility into their operations to take advantage of the ongoing uncertainty in the market, rather than simply waiting for more stable conditions to emerge?
Download the banking outlook to learn the likely trends affecting their respective industry segments as well as an analysis of emerging trends and implications for 2014. Or, for a quick view into our predicted trends, download the infographic.
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