The future of the European banking sector

“High costs, increasing regulation, strong competition from new market players, the demand for greater sustainability and geopolitical uncertainties: Even before the Corona crisis, European banks were under intense pressure to change. The Corona crisis has increased this pressure even further.

In this scenario study, we have examined scenarios for the future of the European banking sector, particularly in the post-Corona pandemic environment. In four scenarios, we show how the global political situation could develop and analyze its implications.”

Source: KPMG.