Asian banks face threat from profit plunge, digital rivals -McKinsey
Asia-Pacific banks must
radically reform and slash costs or else they will eventually be
forced to put themselves up for sale, as rapidly increasing
competition from technology firms moving into banking transforms
the sector, consultancy McKinsey said.
radically reform and slash costs or else they will eventually be
forced to put themselves up for sale, as rapidly increasing
competition from technology firms moving into banking transforms
the sector, consultancy McKinsey said.
Posted by Reuters
