Global Banking Annual Review 2024: Attaining escape velocity (McKinsey & Company)
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About this report
- An earlier edition of McKinsey's annual review of the global banking industry and its persistently low market valuations.p.
- It argues that much of the recent improvement in bank returns came from higher interest rates rather than structural change.p.
- The report questions whether cost cutting alone can sustain returns and studies outperforming banks for lessons.p.
- It looks at the drivers of shareholder returns, including revenue growth, margin management, fee income and cost efficiency.p.
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