The future of banking: A $20 trillion opportunity

Until recently, big banks drove profits and growth by applying synergies, economies of scale, and access to huge pools of capital. This massive industry already manages an estimated $370 trillion in w… See more

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The Future Of Banking: A $20 Trillion Opportunity

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Analysts Say Future Of Banks Offers $20trn Breakup Opportunity

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Jan 2, 2023 · Zenith Bank set to raise N290bn in rights issue, public offer. July 30, 2024. Banking. CAC sets new regulations for banking sector recapitalisation. July 29, 2024. Banking. Nigeria …

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The Future Of Banks: A $20 Trillion Breakup Opportunity

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Sep 6, 2023 · The future involves splitting into four specialized platforms, which will offer structural advantages. Big banks used to rely on synergies, scale, and large capital pools for growth. …

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The Future Of Banks: A $20 Trillion Breakup Opportunity

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But this daunting reorganization, or breakup, could also provide banks with a huge opportunity: higher margins, new revenue streams, and loftier valuations. Ambitious banks can break free …

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The Future Of Banks: A $20 Trillion Breakup Opportunity

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Mar 26, 2023 · Banking is radically transforming. Many banks can thrive by fundamentally changing the way that financial services are embedded into daily life. The banking sector is at …

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The Future Of Banks: A $20 Trillion Breakup Opportunity - LinkedIn

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BY MCKINSEY & COMPANY: The future of banks: A $20 trillion breakup opportunity! Banking is radically transforming. Many banks can thrive by fundamentally changing the way that financial …

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Stream Listen to the article: The future of banks: A $20 trillion breakup opportunity by McKinsey & Company on desktop and mobile. Play over 320 million tracks for free on SoundCloud.

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To Seize A $7 Trillion Opportunity, Banks Need Bolder Strategies …

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Jan 15, 2024 · Banks are not likely to return to the profitability levels and valuations that existed prior to the global financial crisis. Yet they have the opportunity to earn more than their cost of …

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Big Banks: Breaking Up Is Hard To Do - Forbes

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Feb 21, 2023 · As consulting firms note technology's role in ending the universal bank model, and a potential $20 trillion value creation opportunity, watch for fintechs to steal share in alternative …

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Andre Nascimento On LinkedIn: The Future Of Banks: A $20 Trillion ...

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Our ‘Bank of the Future’ team here at McKinsey focuses on the big questions all financial services leaders need to be asking in the coming months and years…

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Banks Could Increase Annual Revenues By Nearly 4% By …

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Nov 9, 2021 · Banks have an opportunity to reap an additional US$518 billion in revenues by 2025. NEW YORK; Nov. 9, 2021 – By rethinking their business models and embracing the …

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2024 Banking Industry Outlook | Deloitte Insights

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Oct 5, 2023 · Meanwhile, the Bank of England is expected to lower the policy rate in the first half of 2024 after reaching a peak of 5.75% at the end of 2023. 7 The story is similar to the Bank of …

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FAQs about The future of banking: A $20 trillion opportunity Coupon?

Is the future of banks a $20 trillion breakup opportunity?

Now comes a new whitepaper from McKinsey & Co., “The Future of Banks: A $20 Trillion Breakup Opportunity.” It takes a sobering view of the banking industry and calls for a “daunting reorganization, or breakup” of the Too Big to Fail banks if they are to withstand new challenges from fintech and Big Tech. ...

Should banks break up to create new opportunities?

Breaking up could provide banks with a huge opportunity: higher margins, new revenue streams, and loftier valuations. Ambitious banks can break free from stagnant valuations, thrive, and grow if they are willing to embrace the platforms of the future and make a few strategic, informed big bets. Why break up? ...

What will banking look like in the future?

Banking is facing a future marked by fundamental restructuring. However, banks that successfully manage this transition will become bigger and more profitable, grow faster, and lead to a value creation opportunity of up to $20 trillion. ...

What is the future of banking?

According to McKinsey, the future of banking will be contested by banks and nonbanks in five cross-industry competitive arenas: everyday banking, investment advisory, complex financing, mass wholesale intermediation, and banking as a service (BaaS). ...

Are bank executives confident in the future?

Yet, there are signs of a brighter future ahead, especially among larger, growing banking institutions. Our survey finds bank executives, as a whole, relatively confident in the growth outlook of the banking sector. How confident are you in the growth prospects of your organization over the coming year? ...

Why should you invest in the future of big banks?

The future of banking presents a significant opportunity for those who act quickly. Until recently, big banks drove profits and growth by applying synergies, economies of scale, and access to huge pools of capital. This massive industry already manages an estimated $370 trillion in worldwide assets, and its growth is accelerating. ...