ERNST & YOUNG SRL

  |  2014-01-21

Global Banking Outlook for 2014: investors push the banking sector to generate profit

“The more things change, the more they stay the same.” That may be true in some aspects of life, but not in the banking industry. At a global level, the scale of change in the industry since 2008 has been unprecedented. The industry is anything but the same.

Banks have been trying to restructure themselves and rehabilitate the industry in the face of significant headwinds. The regulatory rulebook is being completely rewritten, the industry has suffered major reputational damage and major economies have struggled to emerge from recession.
Results have reflected these challenges, with return on equity (ROE) at many banks failing to cover the cost of equity.

 

Please find more information in the Romanian version of the article, or in the attached study.

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