Every week in the financial services industry, there seems to be chatter about increasing regulatory pressure, the slow economy and the potential of mobile payments. This week is no different.
June 08, 2012
4. Slow and Steady
The new normal for the industry seems to be slow and steady growth as banking leaders streamline costs and evaluate strategies to drive future revenue.
—KPMG's Brian Stephens, commenting on a report that the tax and advisory firm released this week that polled 100 bank senior executives. Most of the execs surveyed predicted modest to little growth in the industry over the next year.
Source: Bank Systems & Technology
