The Banking and Capital Markets sector is being
transformed by increased competition, regulation and
globalisation.
Investment banking is bouncing back
strongly as acquisition activity gathers momentum. While still
highly profitable, the outlook for retail banking appears to
be clouded by concerns over consumer debt and the slow down of
economic growth.
The impetus for further consolidation
is growing as a result of margin pressures on the one hand and
— thanks to soaring profits and steadily rising
share values — the surge in available capital on
the other. The outlook for the Banking & Capital Markets
sector is also being shaped by regulation including the move
to Basel II. These challenges have heightened the importance
of effective risk management in delivering stable returns and
supporting robust governance and compliance
processes.
How PwC can help you
PricewaterhouseCoopers has a
global network of specialists who can help turn challenges
into opportunities in key areas of your business including
governance, risk and compliance, process improvement,
financial reporting and business development strategies.
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