An economic downturn is approaching on the horizon. Amid low-interest rates and a manufacturing slowdown, industries and investors alike are scrambling to prepare as the window of opportunity closes. Banking is no different. After a decade of expansion, the industry is showing many signs of a late-cycle economy. On top of this, a staggering 60% of banks are destroying value. Today’s infographic explores the steps banks can immediately take to succeed in the next economic cycle.
Source: https://www.visualcapitalist.com/bank-late-cycle-moves/
