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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
Human resources are a key factor in the restructuring of the Italian banking business model, leading to a rise in profitability and productivity. Cost reduction, new products and processes, a new distribution model will be incorporated in job policies that recognize the new scenario
Persistent link: https://www.econbiz.de/10010857905
Italian banks continue to operate in an unfavorable environment and to report a profitability decline. As a result they are facing the task of drastically streamlining productive processes and distribution systems and changing the way in which they conduct business
Persistent link: https://www.econbiz.de/10010857909
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
Italian banks have faced the crisis without significant consequences on employment, but they must continue to increase productivity and profitability and to reduce costs. The solutions adopted in the new collective labor agreement move in this direction, in terms of wage moderation, flexibility,...
Persistent link: https://www.econbiz.de/10010579503
The Italian banking sector has successfully faced the crisis and supported the economic and financial needs of the country but now it will have to adopt further measures aimed to stimulate productivity and efficiency, in line with European competitors. Rightsizing, redeployment and retraining...
Persistent link: https://www.econbiz.de/10009132689
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