Banking and capital markets: Operating in the future
This report examines the need for structural change in banking operating models, highlighting pre-crisis weaknesses and the importance of adapting to new market realities for sustainable profitability.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Alec Whiting, Amanda Frear, Andrew Dawson, Andrew Jurczynski, Crispian Lord, David Taylor, Duncan Mcnab, Gael Meagher, Henry Risk, Jeff Picton, John Bromfield, Julian Wakeham, Kevin Burrowes, Marija Nikolic, Mike Rendell, Nick Page, Patrick Fell, Peter Simon, Stephen Morse, Stephen Taylor, Steve Barnes, Pricewaterhouse Coopers, Richard Kibble |
| Geographic focus: | Global |
Methods
The research method involved analyzing the performance of 14 global banks from 1999 to 2006, focusing on share price falls and the reasons behind them. It also included a review of core performance to assess the sustainability of banking businesses and their operating models.
(Generated with the help of GPT-4)
Key Insights
The report by PricewaterhouseCoopers analyzes the structural failings in banking operating models, emphasizing the necessity for change to ensure efficiency, governance, and risk management. It discusses the impact of the financial crisis, regulatory changes, and the importance of aligning business strategy with operating models for sustainable Return on Equity (RoE). The report also addresses the need for banks to adapt to new market opportunities, manage risks, and invest in robust operating models to avoid future crises. It suggests that banks must consider customer value propositions, delivery capabilities, governance, risk and control, financial and performance management, legal and physical structures, and people and reward systems. The report concludes that banks must embrace change and prioritize investments to drive structural improvements in their operating models.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: English publication language | Global geographic scope | banking | capital markets | finance | financial crisis | governance | investment banking | market opportunities | operating models | regulatory changes | retail banking | return on equity | risk management | structural change