Not many years ago a sustained zero-interest period or the liquidation of systemically relevant financial institutions would have been unconceivable. Today both are a reality. Wealthy private clients are being burdened with negative interest rates and the market is flooded with central bank money. High cost pressure, changing customer requirements, stringent regulation, plus new technologies and agile competitors, are putting the banks under pressure.
We provided strategic advice to a global corporate and retail bank on the divestment of several subsidiaries in other European countries. We provided comprehensive support in each of the projects, from technical due diligence and migration to exit.
In order to continue operating in such a demanding environment the development of cooperative business models is essential, as is cross-channel customer relationship management and the identification and introduction of innovative technologies.
We support banks to successfully navigate these disruptive changes.