“Banking will become dull, and dull will be the new good. Bankers will no longer be the rock stars of the commercial world and banking will become staid and adrenaline-free.
“As global banks reconfigure and become more country focused, stable returns will be demanded by investors. Volatile earnings will signal that a bank hasn’t finished adapting.
“The ‘dullness’ of banks will drive culture and behaviour, not the other way around.”
Accounting Firm May Need To Brush Up On Its Accounting
KMPG might need to go back to Remedial Accounting School.
Disappointed Regulator Outsources More Of Deutsche Bank’s Anti-Money Laundering To KPMG
It’s almost as if five years of stern warnings and meaningful shakes of the head haven’t gotten through yet.
Deutsche Bank Lie About Progress In A Key Area? Impossible!
The Germans are alleged to not be taking ESG terribly seriously.
Shadow Banking Entrepreneurs Seek Less Disastrous Way To Relieve Banks Of Illiquid Assets
Get in at the ground floor.