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Editorial Rating

7

Qualities

  • Analytical

Recommendation

The Boston Consulting Group’s 2017 annual global banking survey reveals that investment, retail and commercial banks are making headway on several critical fronts and moving toward greater profitability. But banks’ overall slow and steady growth pattern varies among regions, and some geographic areas saw a widening divergence between their best- and worst-performing banks. Regulatory challenges remain squarely at the top of banking priorities in 2017. getAbstract recommends this instructive report to financial services executives.

Take-Aways

  • According to the Boston Consulting Group’s annual worldwide study of investment, retail and commercial banks, economic profit has crept up for most banks, but results vary regionally.
  • Banking rules will continue to tighten – more so nationally than globally – and will increasingly drive financial institutions’ “strategic and operational planning.”
  • Between 2011 and 2015, the number of daily revisions to global banking laws has tripled to more than 200 changes each day, on average.

About the Authors

Gerold Grasshoff et al. are professionals with the Boston Consulting Group.


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