Publication

Developing strategies for a complex banking ecosystem

Bank Governance Leadership NetworkFinancial Services Leadership NetworkInsurance Governance Leadership NetworkJuly 2024

On May 21 in London and June 13 in New York, board directors and senior executives from the Bank Governance Leadership Network met to discuss how the banking ecosystem has evolved in recent years and the implications for boards’ and management teams’ oversight of strategy and risk management.

This ViewPoints highlights the following key themes that emerged from these meetings and related conversations:
• As the relationship between banks and fintechs evolves, competitors and partners multiply
• In a complex ecosystem, banks need a more strategic approach to competition and partners