Lafferty Cards and Consumer Finance in the United Kingdom 2009
- Published: July 2009
This brief looks at the key market developments in European retail banking during Q2 2009, and provides a summary of selected financial results, an overview of recent M&A activity, highlights of other notable industry developments and an overview of forecast IT spending through 2013.
Scope
- The Business Update provides analysis from ongoing research into the market dynamics of the European retail banking industry.
- This report examines developments during Q2 2009.
Highlights of this title
If 2008 was the year when Europes banks lost billions on complex structured credit assets, so 2009 looks destined to be categorized as the year when banks suffered substantial losses as borrowers (both individual and business) struggled to repay loans. In all likelihood, these losses will continue to mount in 2010
The results of stress tests on retail banks in selected countries (the UK and Sweden for example) helped reassure investors that institutions are able to withstand the effects of the economic downturn. However, Eurozone banks remain untested, which does not bode well for the overall financial stability of the banking sector in 2009 and beyond.
The
READ MORE >
Executive summary
Industry update
Topical research insights
Mobile Banking: Overhyped Gimmick or Credible 21st Century Banking Channel?
Virtualization in Banking: Assessing the Potential for Lowering TCO
Retail Banking Technology Spending Through
Key take-outs
Further reading
Contact
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |
| Hard Copy | A printed copy of the report will be shipped to you. | |
| Enterprisewide | The report will be emailed to you. | This is an enterprise license, allowing all employees within your organisation access to the product. |