- “According to McKinsey, banking and non-banking organizations ranking in the top 20% in profitability from 2010-2017 generated more than 30 times the profit than those in the middle 60%,
- The top 20 global banks represented 95% of the industry’s profitability,
- Winners going forward will most likely be determined by which firms best understand the changing marketplace – and which ones make the bold strategic choices needed to respond to these changes.
- The seven key trends that McKinsey believes are most important include:”
https://thefinancialbrand.com/88856/banking-transformation-digital-ai-trends/