Banks and the Financial Sector
Banks are facing the most significant challenges in recent decades and find themselves in a state of change. Current interest rates and the competitive environment require a high degree of willingness to change, and to change quickly. New sources of revenue must be found, product offerings must be consolidated and costs reduced. Low interest rate levels and the general economic environment also offer many players in the markets the necessary growth impulses. The mega-trend of digitization offers authentic opportunities to combine growth with consolidation.