EY’s Banking Barometer reflects cautious outlook

EY´s recently published Banking Barometer captures the sentiments of 100 Swiss bank´s executives. As it turns out, Swiss banking executives harbor several concerns about the banking outlook in 2019. 

For example: 

  • 37% see platform providers (like Revolut and N26) as the biggest threat to their businesses in 2019.
  • Only about a quarter are concerned about blockchain disruption.
  • The threat of robo-advisors has fallen significantly over the last year. 
  • And only 4% consider cryptocurrencies a threat to their business this year. 

For more information, the full report can be accessed here.