Banking Strategy, Digital and Transformation

Why top management in banking must act now to capitalize on AI

24 Jun 2024

Artificial intelligence (AI) is set to transform the banking industry as we know it, and top management in the sector must prepare for this period of disruption before it is too late. If they do, the rewards are significant with industry leaders already predicting that AI could boost revenues by almost $1 trillion by 2030[1]. While banks are curre...

Banking

Reducing complexity: a key driver for competition in UK banking?

22 Mar 2023

After the confidence crisis caused by the failures of Silicon Valley Bank (SVB) and then, stunningly, Credit Suisse this month, one key change for UK banking may have flown somewhat under the radar. At the very end of February, the Prudential Regulatory Authority (PRA) announced a new consultation paper: CP5/23 – Remuneration: Enhancing proportion...

A "wall of capital" — and a watershed moment for the transition to net zero

18 Nov 2021

COP26 was not short on big announcements—and the Finance Day, Wednesday 3rd November, was one of the biggest. Holding aloft a green budget box, UK Chancellor Rishi Sunak stated that the 450 banks, insurers, pension funds, and assets managers that make up the Glasgow Financial Alliance of Net Zero (GFANZ) have pledged to put the fight against clima...

0