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While the restructuring that followed the financial crisis has made our banks safer, existing business models are no longer fit-for-purpose. This new era raises a new set of challenges. How can banks be reconfigured as profitable businesses while also fulfilling their historic role as the lifeblood of the economy? A strong economic revival requires a strong banking sector.
Nobody wants a repeat of 2008, but in seeking to make banks safer, has the flood of regulation harmed their viability? And will it all even work? The next crisis is unlikely to resemble the last one.
At KPMG, we believe that old business models need to be torn up and banks need to innovate. As the world we operate in continues to change, KPMG's Banking team, led by Alan Boyne, has the forward-looking insights to provide the help and advice you need. |