Renny Thomas, McKinsey

Renny Thomas, McKinsey

1806_EDT_615

18 June 2021
In The Spotlight: The future of AI and banking
The banking sector is undergoing a significant digital shift driven by consumer needs.
According to McKinsey - The opportunity for a new business model comes as banks face daunting challenges on multiple fronts.
The management consultancy firm adds that in the capital markets, many banks trade at a 50 percent discount to book, and approximately three-quarters of banks globally earn returns on equity that do not cover their cost of equity.
Renny Thomas, Senior Partner, McKinsey shares more.

Download the podcast.

Listen
Download SPH RADIO APP
Last Played
Last Played