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Italian and European banks are moving in the same direction towards the need to strengthen capital, to re-engineer networks as a consequence of a transactional activities’ reduction, to supply low-cost and simple services, to adapt to technological innovations. In particular, mobile banking...
Persistent link: https://www.econbiz.de/10010857860
European banks in 2012 will face the contraction of profitability and the need to reward and strengthen equity, and will probably have to reduce capacity with regard to networks and staff. In a context of mergers and acquisitions that will affect mainly, but not only, medium and small banks.
Persistent link: https://www.econbiz.de/10009652556
Italian and European banks are moving in the same direction towards the need to strengthen capital, to re-engineer networks as a consequence of a transactional activities’ reduction, to supply low-cost and simple services, to adapt to technological innovations. In particular, mobile banking...
Persistent link: https://www.econbiz.de/10010760368
The recent ABI Report on the labour market in the financial industry shows that in Europe large banks have faced the need to cut the cost income ratio, aiming to reduce the branch network and distribution costs. In human resources management, the crisis has brought about a redefinition of...
Persistent link: https://www.econbiz.de/10008478998
In 2012, European banks have implemented sharp cost reductions strategies and introduced profound changes, influencing personnel policies and wages. Italian banks are facing a difficult challenge and are taking actions to pursue significant levels of profitability and giving a contribution to...
Persistent link: https://www.econbiz.de/10010628499
The effects of the crisis and the consequent economic policies have accelerated the actions of large European banks to reduce operating and labour costs, in particular concerning the branch network, back-office and other nonproductive processes. In this context, remuneration policies are...
Persistent link: https://www.econbiz.de/10009132679
The crisis did not affect the ability of Italian banks to maintain the employment and professional level, with a growing female presence. In terms of international competitiveness, the labour cost structure remains a weak point, with a cost-income ratio above the European average.Among the...
Persistent link: https://www.econbiz.de/10008557241