Global Banking Annual Review 2025: Why precision, not heft, defines the future of banking (McKinsey & Company)
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About this report
- The prior edition of McKinsey's annual review of the global banking industry, covering profits, returns and market valuations.p.
- It notes that banks posted record profits while public markets continued to value them well below most other industries.p.
- It argues that scale alone is no longer enough and calls for precision in technology, the new consumer, capital efficiency and targeted M&A.p.
- The report examines how AI could cut costs and reshape profit pools, and how eroding customer loyalty affects incumbent banks.p.
- Written for bank leaders, investors and analysts of the banking sector.p.
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