Bank Strength

Discussion in 'Wall St. News' started by dealmaker, Oct 22, 2019.

  1. dealmaker


    Bank Strength

    A McKinsey survey suggests that most of the world's banks are too weak to weather a serious economic downturn. The consultancy advises more mergers, along with the development of technology that can help ward off the threat of fintech startups. Bloomberg
  2. johny5


    Thanks for sharing and that was found useful.
  3. Dizaj


    I fully agree with McKinsey research and results. I think that banking industry was severely hit by latest financial crisis and environment of zero interest rates is not helping in their recovery