Banking challenges: Focusing on compliance
A McKinsey report on global banking in 2023 has an important revelation. “One aspect of banking hasn’t changed: the price-to-book (P/B) ratio, which was at 0.9 in 2022. This measure has remained flat since the 2008 financial crisis,” it said. The price-to-book ratio reflects some of the long-term systemic challenges the sector is facing. In […]
T. Kauer 
A McKinsey report on global banking in 2023 has an important revelation. “One aspect of banking hasn’t changed: the price-to-book (P/B) ratio, which was at 0.9 in 2022. This measure has remained flat since the 2008 financial crisis,” it said. The price-to-book ratio reflects some of the long-term systemic challenges the sector is facing. In […]
