Can PSD2, stress-testing and Basel IV work in your favor?
The year 2016 was - again - characterized by new regulations and a difficult market environment for Financial Services. Regulations will continue to shape the industry in 2017, but some of the major drivers also offer strategic opportunities.
Our latest publications explore the prospects inherent in The Payment Services Directive (PSD2), stress testing, and Basel IV.
While new rules after the financial crisis forced banks to adopt less risky, less rewarding business strategies, the biggest factor constraining banks after the crisis was a lack of coherence. In our study Banking’s Biggest Hurdle: Its Own Strategy, we share why recovery was so much easier for some banks than others, and how to build coherence going forward.