The State of Retail Financial Services: A Speer & Associates, Inc. 30th Anniversary Special Report
In our 30 years of consulting, no period has seen greater distress and challenges – let alone the need for fundamental self-examination – than the 2008-2009 crisis. The meltdown of investment banking, credit markets and commercial banking has seen unprecedented government involvement to keep U.S. and international financial markets afloat. These and other actions have inevitably filtered down to basic retail and commercial banking activities and businesses supporting banking services on a broad scale.
Over the years, Speer & Associates, Inc. (S&A) has employed its hands-on experience and widely-ranging business knowledge to assist clients in diverse market environments. In this Strategic Commentary entitled “The State of Retail Financial Services: A Speer & Associates, Inc. 30th Anniversary Special Report,” we present our views of the state of the industry today with several predictions and observations with both short- and long-term horizons impacting banks worldwide.
