It’s an uncertain time for business around the world and banks are no exception. Profitability has been squeezed as global economic growth weakens and political uncertainty reigns. But uncertainty cannot be an excuse for inaction.
EY’s latest global banking outlook survey shows the risk and regulation agenda will continue to dominate the attention of banks in 2017. The below infographic shows the highlights.
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The report shows many of the world’s largest banks are starting to think about how to improve their performance by growing or optimising their businesses. EY expects the shift from keeping things safe to making things better to gather pace over 2017.
Tim Dring is Oceania Banking and Capital Markets leader at EY
The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.