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Bank revenue is the hot topic today. How are banks performing in spite of the regulatory costs imposed on their business model? More importantly, what does the future look like? Let’s start with current events and performance. The press headlines these days reflect a poor performance from US banks in terms of revenue and performance. [...]
We are seeing continued cost alignment from banks both on the retail and commercial side. The trend is nothing new and we keep getting steady news and development to support this focus on cost re-alignment. Most recently on the retail side of the house, there are continued down-sizing on branches. The number of branches keeps [...]
Celent is challenging all to come up with the best definition of innovation in six words or less. We will be evaluating these stories as definitions and selecting a winner at Celent Innovation and Insight (I&I) Day in Boston on February 27th. There will be prizes! We encourage you to come up with your own [...]
I had the pleasure of attending the SIBOS Annual Conference in Osaka, Japan last week with several of my colleagues in the Celent banking team. I spent much of my time at the event in constructive meetings with clients and prospects. Several industry leading vendors have organized fantastic events. A few I would like to [...]
I had the pleasure of attending the Association for Financial Professionals (AFP) Annual Conference in Miami Beach this week with several of my colleagues in the Celent banking team. The venue was well attended. I can say it was much more comfortable inside the convention center than being in the Miami hot and humid weather. [...]