Summary of Staying the Course in Banking

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Staying the Course in Banking summary
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Rating

7 Overall

8 Importance

7 Innovation

7 Style


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.

In this summary, you will learn

  • How trends in banks’ economic profitability vary across the globe,
  • What evolving regulations are focused on achieving and
  • How banks can manage their regulatory compliance.
 

About the Authors

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

 

Summary

According to a global study of more than 300 investment, commercial and retail banks, overall economic profit (EP) crept up for the fifth straight year in 2015, despite rising regulatory compliance costs: From 2011 to 2015, the number of daily revisions to global banking laws tripled to more than 200 changes each day, on average. Regionally, however, the EP results diverged. European banks suffered the same negative EPs as in 2014, and the gap between the top and bottom performers widened. In North America, positive EPs were largely unchanged, but the span between the best- and worst-ranked banks remained stable. EP rose in ...


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