Patricia Hines

Jan 22, 2025 | celent.com | Patricia Hines

Major US banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated interest rates. The country’s biggest banks benefitted from higher interest rates for the last two years when the Federal Reserve jacked up rates to combat the inflation that took root in the wake of the COVID-19 pandemic.[1] As a result, the banking sector was a standout stock market performer in 2024. The KBW Bank Index soared by 33%, its best year since 2013.

Jan 21, 2025 | celent.com | Patricia Hines |Colin Kerr

21 January 2025 Since the financial crisis, transaction banking and commercial lending have become essential revenue streams for banks, characterized by low capital costs and significant investments in technology infrastructure to cater to the complex needs of corporate clients. However, recent interest rate cuts by major central banks are reshaping the financial landscape, leading to a slowdown in transaction banking revenue growth.

Nov 25, 2024 | celent.com | Patricia Hines

Morgan Stanley and OliverWyman just published their annual “bluepaper” for global banks and asset managers. This year’s theme is “Extending Credit: The Evolving Role of Wholesale Banks in Credit Markets." The discussion focuses on how the traditional bank credit model has evolved, with an increasing number of non-bank players in Liquid and Private Credit.

Nov 19, 2024 | celent.com | Alenka Grealish |Patricia Hines |Colin Kerr |Gareth Lodge

20 November 2024 As we near the end of 2024, the macroeconomic and geopolitical landscape remains challenging. These dynamics have the potential to reshape economic and regulatory policies worldwide in the coming year. At the same time, banks are grappling with heightened cyber threats while beginning to embrace the transformative changes brought by Generative AI.

Sep 30, 2024 | celent.com | Patricia Hines

Historically, banks have faced challenges providing comprehensive cash position and forecasting solutions due to limited access to transaction data restricted to their own institution. To overcome this limitation, Celent suggests exploring various solution providers and partnership models tailored to the specific needs of each bank and client segment.