Speaking Gen Z: How banks can attract young customers
Recommendation
Generation Z – those born between 1997 and 2012 – is a burgeoning cohort of young consumers disrupting the financial services industry. Though this group relies on digital offerings, a good portion of Gen Z believes brick-and-mortar banks offer a sense of security. Bob Wigley, chair of UK Finance for the World Economic Forum, and Rupal Kantaria, partner at Oliver Wyman, delve into the gen Z mindset – their spending, saving and investing habits – and explain how financial services companies should strategically approach this population. Investors and banking executives will find valuable intelligence in this informative report.
Summary
About the Authors
Bob Wigley is chair of UK Finance for the World Economic Forum. Rupal Kantaria is a partner at Oliver Wyman and a World Economic Forum member.
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