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Home >
European Retail Banking Enterprise Insights Q2 2010
Market Study
Published: July 2010
Pages: 29
Tables: For full details, please email emmap@cmsinfo.com
From: GBP 1184.38 Buy Now!
Research from: Datamonitor
Sector: Technology
Introduction
This brief looks at the key market developments in European retail banking during Q2 2010, provides a summary of selected financial results from Q1 and gives highlights of other notable industry developments.
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 Q2 2010.
Highlights
Swingeing austerity measures have been introduced across Europe, with national governments reducing public spending in order to create a more robust economic environment.
Concerns about the levels of sovereign debt remain hanging over Europe. In the UK, the new coalition government has made cutting the country's debt a key priority, while the situation in Greece caused panic across the eurozone. The seizure of CajaSur by the Bank of Spain sent a loud warning shot to the country's ailing financial sector;
All the major European economies are out of recession, but GDP growth is weak (and looks destined to remain so). However, there is a new political will to ensure the banking sector never again drags economies to the brink of bankruptcy.
Reasons to Purchase
*Gain a comprehensive picture of recent developments in the European retail banking market.
*Understand how profitability can be maximized through increased customer intelligence in retail banking.
This brief looks at the key market developments in European retail banking during Q2 2010, provides a summary of selected financial results from Q1 and gives highlights of other notable industry developments.
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 Q2 2010.
Highlights
Swingeing austerity measures have been introduced across Europe, with national governments reducing public spending in order to create a more robust economic environment.
Concerns about the levels of sovereign debt remain hanging over Europe. In the UK, the new coalition government has made cutting the country's debt a key priority, while the situation in Greece caused panic across the eurozone. The seizure of CajaSur by the Bank of Spain sent a loud warning shot to the country's ailing financial sector;
All the major European economies are out of recession, but GDP growth is weak (and looks destined to remain so). However, there is a new political will to ensure the banking sector never again drags economies to the brink of bankruptcy.
Reasons to Purchase
*Gain a comprehensive picture of recent developments in the European retail banking market.
*Understand how profitability can be maximized through increased customer intelligence in retail banking.