EU banks failing vulnerable customers, says report
Lack of accessibility to basic bank services in the EU is preventing many people at risk of poverty and social...
archiveBanking strategies
HSBC shareholders expected to kickstart bigger bonuses across UK banking sector
HSBC shareholders are expected to approve a vote to formally scrap the bankers’ bonus cap at its annual general meeting...
EU banks’ profitability outlook has deteriorated, say authorities
The European banking industry faces a deteriorating outlook for asset quality and profitability, real estate vulnerabilities and “more aggressive” cyber...
How UK and European investment banks are catching the US
Wall Street still dominates global investment bank revenues, but European banks have regained their positions from 2010 European and UK...
Wholesale banking’s revenue growth predicted to soften
Wholesale banking experienced a period of expansion between 2019 and 2022 with a compound annual growth rate of around eight per cent, according to a Bain & Company report, “Five themes that will fundamentally change wholesale banking”, which predicts the ratio will be reduced to only 2 per cent in the most positive scenario between 2022 and 2025 (projections use 2022 as base year due to incomplete data available for 2023).During the period, different areas within wholesale banking expanded at varying rates. Corporate lending income soared as net interest margins...