THE BASIS POINT

Half The World’s Banks Too Weak To Survive A Downturn: McKinsey

 
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In McKinsey’s latest banking report, things don’t look great for banks as we head into an economic downturn. But that means there’s opportunity too.

As growth slows, banks across the globe need to urgently consider a suite of radical organic or inorganic moves before we hit a downturn.

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Half The World’s Banks Too Weak To Survive A Downturn: McKinsey

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