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The bank of 2040

Keeping pace with disruption

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INTRODUCTION

While the banks sector has faced significant challenges before, the depth and breadth of Covid-19’s disruption has left banks in the position of having to brace for impact to their own businesses, whilst simultaneously demonstrating a change in culture, providing support to vulnerable customers, and supplying vital credit for regrowing our economies.

Banks have faced all of this while keeping pace with other disruptive forces such as rapid technological, digital, regulatory, risk, operational, workplace, social, and environmental change, as well as continuing to operate in an uncertain environment of ongoing political and economic volatility.

In this hub we explore and unpack several of these disruptive forces including digital transformation, ESG, operational resilience, regulatory change, and of course, Covid-19.

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