Joydeep Sengupta, McKinsey

Joydeep Sengupta, McKinsey

10 January 2022
Bigger Picture: Banks need to brace for great divergence
Joydeep Sengupta, senior partner at McKinsey, explains how unlike the previous economic crisis, this time banks did not witness any abnormal losses, material capital calls, or “white knight” acquisitions. But the outlook for the industry remains clouded with half of banks not covering their cost of equity.

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