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Surfing the Wave of Uncertainty in Banking
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July 01, 2024
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FTI Consulting and IESE Business School organized the 19th Banking Industry Meeting in Spain, gathering more than 300 professionals from the sector, including CEOs from the main banks in Spain, private credit investors and national and international regulators.
The year 2023 was great for Spanish banking, as the five largest banks obtained a combined profit of more than 26.084 million euros (0.75% return on assets), which is undoubtedly great news for the financial stability of the system, for the banks' shareholders — who will obtain a higher dividend — and for society as a whole because when banks make profits, their capacity to support the country's economy increases.
However, high regulatory and supervisory pressure, the adaptation to new technologies, shareholder remuneration, the impact of geopolitical risks or the capacity to compete at a global level are some of the challenges the industry is currently addressing.
Published
July 01, 2024
Key Contacts
EMEA Chairman
Senior Managing Director, Spain Corporate Finance & Restructuring
Senior Managing Director