The banking sector needs fresh thinking and agile support to overcome a variety of challenges, seize new opportunities and achieve its goals
You have just come through the biggest real-world test of banking's operational resilience. Your organisations have been at the forefront of delivering government assistance through loan schemes and forbearance to your customers.
Negative and extended near zero interest rates, inflationary pressures and the relentless advance of technology based solutions are also making traditional approaches to banking impossible. Budgets are being cut as the need to automate and address challenges from the tech sector rise. Regulatory pressures remain and still past mistakes are coming to light. New approaches to bank business models and resource sharing are emerging and M&A activity looks likely to increase.
Why Grant Thornton
What does banking need now? Local insight and global scale that ensures your sector continues to meet regulatory expectations, deliver improvements in technology and customer experience, and finance the 'right' companies.
Our expert-led specialist teams help you navigate the complexity of the banking environment. We know that clients value our opinions on a broad range of contemporary sector issues, including capitalising on technology, ESG, emerging and historic regulatory issues, backed up by our global reach.
You get a service that understands your concerns and works at your pace: sharing knowledge as projects move forward. We work with bank leaders and managers to fix problems and ensure you retain our knowledge and insight after sign off.
We go beyond to help you make the right decisions on long term and emerging issues in the banking sector.
Banking challenges and trends 2023
Our experts explore the key themes for the sector in 2023.
Top banking trends and themes in 2023
As 2023 takes shape, Paul Garbutt takes an in-depth look at the key themes and trends for banks.