McKinsey’s banking death note only 35 of banks can stay 音羽かなで

McKinsey’s "banking death note": only 35 of banks can leave "the industry does not make money, and most of the models do not work." This is the evaluation of the banking industry at the conference call by McKinsey & Co analyst Roger Rudisuli. Are McKinsey analysts including him released a report that only have the ability to generate a profit of $15 billion every year in the future of big banks, can withstand high operating costs, but the bank can survive only 3/5. The report said, with the rapid development of technology and tighter regulation has reshaped the entire banking sector, layoffs can not solve the problem. Compared to 2013 forecast only five to six investment banks can stay, McKinsey this is more pessimistic: report bluntly investment banks in the capital market has not been able to return to this, and the establishment of the huge cost is difficult to cut. So, the bank is not out of the quagmire of hope? Financial technology may be a hope. Do some customers and products really need high paying employees? Is it possible to liberate the workforce through electronic transactions? This is what banks really need to consider, McKinsey said. The report notes that digital driven layoffs are expected to improve the level of profit loss in three years, 20%-30%, while the return on equity ROE is also expected to rise 2%-3%. Therefore, McKinsey believes that financial technology is the bank should focus on. But they do not recommend this option to everyone, the report said: for most banks, the risk is small, low cost model is the most effective. Digital can expand 4%-12% sales space, increase the potential for cross selling. However, unlike the full-featured banks, for the value of precise institutions, financial technology is not necessarily a good thing, because some areas or outsourcing is better. So, in the adoption of financial technology to expand sales, the bank may want to think about it, is not the need to configure some IT and sales staff to ensure that the technology will not be recommended? Hiring a software vendor, and therefore the cost of layoffs, there is no decline? On the other hand, regulatory measures are increasingly focused on risk prevention, emphasizing the bank’s capital adequacy ratio, and leverage as little as possible. Many banks have begun to rethink their business models. Royal Bank of Scotland was the largest bank in Europe, but has now abandoned almost all overseas business; Credit Suisse wealth management from choice to trade; Deutsche Bank also continued its efforts to streamline the sale of assets, investment banking and postal bank to spin off its. The McKinsey report also pointed out that the regulatory effect on the profitability of banks: this seems to be implied in the bank: if you don’t hire us to carry out reform, that by 2019, your return on assets will drop half. ALM Intelligence data show that compared to 2007, in 2015 the bank to pay the cost of McKinsey almost doubled to $29 billion. "Many banks are always waiting for future earnings to save them, but seven years later, it turns out that they shouldn’t wait any longer." According to McKinsey, it now appears that there is hope that the end of the banking sector is a high starting point for the survival of the bank, the huge domestic market.相关的主题文章: