What can banks do to reduce the $300bn gap in banking sector profitability?
Increased regulation, higher funding costs, changing customer behaviour and an evolving competitive landscape have taken their toll on banks over recent years, creating a structural gap in bank profitability.
We estimate that banks would need to raise net profit by $300bn to return to pre-crisis profitability levels. In a world where 'business as usual' no longer applies, how can the industry improve return on equity and bridge the profitability gap?
Presented by: Ben Robinson, Strategy Director, Temenos and Tim Walker, Partner, Deloitte, discuss the findings of our white paper, Bridging The Profitability Gap in this Webinar.
Click here to view the webinar.
Temenos and Deloitte have jointly produced this insightful white paper which examines:
· The profitability gap and what it means for your organisation
· Strategies banks can adopt to address the profitability gap
· Why action needs to be taken sooner rather than later to address the profitability gap
· How banks can adapt and evolve with minimal risk towards a more flexible technology infrastructure
Register now to download the white paper: