This brief looks at the key market developments in European retail banking during Q4 2009, and provides a summary of selected Q3 financial results, highlights of other notable industry developments and prominent retail banking technology deals announced during the most recent quarter.
Scope
- Ovum's Financial Services Technology team provides analysis from ongoing research into the market dynamics of the European retail banking industry.
- This report examines developments in Europe during Q4 2009.
Highlights of this title
Haunted by the spectre of poor decision-making, Europe's retail banks find themselves dealing with the effects of increasing impairment charges and bad debt. Balance sheets are partially being repaired by means of asset disposal, but attracting additional deposits from savers remains notoriously difficult due to unattractive interest rates.
Europe's banks will need to adopt a twin-track strategy of making careful investments in new technology, while simultaneously extracting greater value from existing systems.
Key reasons to purchase this title
- Gain a comprehensive picture of recent developments in the European retail banking market.
- Contains a summary of Ovum's recent 2010 Trends to Watch: Retail Banking Technology report.
- Contains an overview of the key results from Ovum's European Retail Banking Technology Spending Strategies Survey, 2010.
