As we close out the year, we wanted to use this opportunity to reflect on 2023 but most importantly look ahead to next year, the market conditions we can expect and what that means for financial institutions. The sector has spent many years bogged down in cost reduction which hasn’t always delivered the right outcomes and created stagnation. 2024 is the year of opportunity and growth is for the taking.
In this month’s FS in Focus, Alex Gurr, Global Financial Services Lead at Baringa is joined by Nick Forrest, Partner in our Policy, Regulation and Economics practice. They reflect on how financial institutions have fared this year and share some pragmatic advice as we head into next year.