Global professional services firm Deloitte has forecast another tough year for the global financial services industry.
In a report released last week, Deloitte highlights five major trends impacting globally:
- the impact of new regulations
- the challenge of core IT systems and data aggregation
- continued improvements in corporate governance and risk oversight
- playing out bank’s exposure to distressed assets
- seeking growth in weak markets.
“These trends are also present to differing degrees in the Australian banking market...
