Mensuel de décembre 2019 - Banques

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Banking 2.0: balancing sustainability and cost efficiency, achievements in 2019 and strategic priorities for 2020
By Sonia DRIBEK, Associate Partner KPMG Luxembourg   After many years of being mired in post-crisis regulatory frameworks, complying with different regulations and meeting deadlines which often coincided — 2019 was the year for banks to finally breathe and remediate.   In this context, banks mainly focused on bringing their organizations in order. Topics on the agenda included: - Upgrading the implementation of past regulations, if organizations origi- nally chose partly tactical resolutions because of time pressure and limited capacities. This meant converting them into long-term solutions by streamlining processes, data and IT. - Brexit wasn’t only a political topic for the European Union but also for banks, as they began to assess the...
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