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.
- 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.