The financial crisis has led to significant changes in the markets and in the attitude of all its participants: clients, banks, asset managers, regulatory institutions etc. By now, it seems that the financial markets have stabilized; however, the aftershock will lead to substantial changes in the...
The Corporate & Investment banking, after the financial crisis it has contributed to create, has many new challenges to face to rebuild a new legitimacy.
The first challenge concerns the redesigning of the strategy of CIB players, whether they are pure players or within a global banking group:...
Unlike the banking sector, the insurance sector survives globally correctly to the financial crisis so far. Bankinsurance models have sometimes been threatened, especially in the UK and in Belgium, but more on the banking side of the business or because of the regulatory constraints due to Solvency...
The implementation of the Single Euro Payment Area (SEPA) is a major evolution for the payment industry throughout the Euro zone.
The three most popular payment instruments in the relevant countries -credit transfers, direct debits and cards- have been standardized by the European Payment Council...
Although the last part of 2008 and all 2009 have seen a dramatic slowdown of the market, the personal finance segment still remains one of the most active arenas in the financial world.This segment is effectively facing a multidirectional pressure: on one side, the demand for personal loans and...
The financial crisis has undoubtedly reinforced the role of regulators in the prevention of systemic risks. It has also highlighted the need to extend their action beyond the traditional boundaries, especially at the European level, in line with the recommendations of the Larosière report.
The financial crisis that has hit the retail banking industry has accelerated the rhythm and the scale of some hot topics. Because the position of the main actors has been shaken, some of them improving some of them weakening, game is more than ever opened.
In the last few years, Securities Services providers have experienced three major trends which have significantly changed the face of the business :
The global financial crisis has led to a decrease in assets under management of Private Banking and Wealth Management providers. As a consequence, numerous providers suffered a severe cutback in earnings that depend on the amount of managed assets, volumes and performance.
Clients’ behaviour has...