McKinsey & Company’s Global Banking Practice helps clients across the full spectrum of the banking and securities industry. Retweets ≠ endorsements.

Joined October 2017
144 Photos and videos
Pinned Tweet
In a new podcast from @McKinsey, Paul Taylor, founder & CEO of cloud-native core technology platform @ThoughtMachine, sits down to discuss how advances in cloud-based tech are helping legacy banks tackle the digital challenge. #cloudtech #banking #fintech
1
2
3
1,022
McKinsey Banking retweeted
28 Sep 2022
Initially this crisis will be positive for banks’ earnings, and leaders will take rapid and bold steps in their attempts to outperform the competition. The time to act is now, writes Nuno Ferreira, Matthieu Lemerle and Marcus Sieberer. on.ft.com/3SCHU62

1
1
US banks today urgently need a new core platform, but building one is time-consuming, expensive, and uncertain. Our new article recommends a two-track process to ease the transition: mckinsey.com/industries/fina… #Banking #DigitalTransformation #Transformation
2
3
Thanks to a high-performing market, Western Europe’s private banks posted near-record profits last year—but operational improvements stalled. Our new article shares three key takeaways from our annual private banking survey: mckinsey.com/industries/fina… #PrivateBanking #Banking #AUM
2
M-Pesa Africa has become one of the most significant players in the vibrant African #fintech ecosystem. My colleagues interview its managing director, @Sitoyo, in the latest episode of the Talking Banking Matters podcast. Listen here: mckinsey.com/industries/fina… #Africa
1
6
US commercial banks grew deposit balances from their corporate clients in the first 18 months of the pandemic by 34 percent, but eventually this tide of deposits will turn. Here are three ways leaders can optimize their banks’ levels of deposits: mck.co/3JKVmjc
1
In the latest episode of the Talking Banking Matters podcast, we speak with Mikko Salovaara, @RevolutApp's CFO, about how the #fintech has weathered the pandemic and their progress toward building a #payments-based ecosystem. Listen here: mckinsey.com/industries/fina…
2
To thrive in the coming decade, US #wealthmanagement firms must prioritize #growth, adopt an innovative mindset, and prepare to reallocate resources rapidly in response to seismic shifts. Our new article shares how leaders can ensure success: mckinsey.com/industries/fina…
1
What does the next decade hold for Europe’s #privatebanking industry? Christian Zahn spoke with @Euromoney about industry growth compared to the US and Asia, financial loyalty and risks, and the opportunities ahead for institutions. Learn more: euromoney.com/article/29n24i…
Countries and companies are increasingly pledging to achieve net-zero emissions. Beyond pledges, what would it take to truly reach net zero by 2050? Find out in McKinsey's new report: mckinsey.ds8.io/-Stk6U5up7 mckinsey.ds8.io/u0eyWuAt69

Wealth managers will struggle to serve clients without a digitized operating model and cutting-edge analytics. We explore the benefits of deploying #advancedanalytics and offer a playbook for success—including the importance of cross-functional teams: mckinsey.com/industries/fina…
3
As #trade and #supplychains grow more complex, MSMEs face greater challenges in accessing financing and markets. In collaboration with @iccwbo and @fcibgroup, we explore how to accelerate the transition to a more digital and interconnected trade ecosystem: mckinsey.com/reconceiving-tr…
1
4
7
Micro and SMEs face a global trade finance funding gap of $1.7tn. Our new report [by @iccwbo with Fung Biz Intelligence & supported by @McKinsey] will outline a road map to close it #ReconceivingTradeFinance bit.ly/tradefin2021
3
5
More than four in five Americans used some form of #digitalpayment in 2021, with interest growing in #BuyNowPayLater and #cryptocurrency. Discover more in our new article, which shares insights from our 2021 Digital Payments Consumer Survey: mckinsey.com/industries/fina…
3
The North American #financialservices industry has made progress in closing #gender and race gaps—but there is still a long way to go. Learn more in our article, which shares a new industry-specific analysis and four actions to help leaders make progress: mckinsey.com/industries/fina…
1
Amid COVID-19, the global #payments sector experienced its first revenue contraction in 11 years. But the industry is poised for a quick return to healthy #growth. Learn more about the opportunities ahead for incumbents and new entrants: mckinsey.com/industries/fina… #banking
1
While change can be intimidating in difficult and uncertain times, it is possible to improve the odds of success. The best first step is to focus on the softer elements of transformation to build an organization that’s a magnet for talent and customers in the digital age.
1
Some #banks and already thinking about how #quantum computing could one day change the financial services landscape. lnkd.in/etQqZZB

1
3
In our annual report on the North American #wealthmanagement industry, we examine a striking jump in money in motion, and share our views on how #wealth managers can rewrite the industry narrative in the coming year. lnkd.in/drfjGb8

McKinsey's monthly consumer surveys reveal how a year of crisis is (and isn't) changing US financial decision makers' attitudes toward #fintech. lnkd.in/dwrRiVD

1