Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey
A pedestrian covers his face with his shirt after tear gas was deployed as he walks past a shuttered store during a protest in the Wan Chai district of Hong Kong, China. (Photographer: Justin Chin/Bloomberg)

Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey

(Bloomberg) -- More than half of the world’s banks are already in a weak position before any downturn that may be coming, according to a report from consultancy McKinsey & Co.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.