Two-thirds of banking CEOs are confident in the growth prospects of the banking and capital markets industry over the next three years. 81 percent report generative AI (Gen AI) as a top investment priority for their organization. Talent remains a key concern in driving technology-enabled business transformation. 81 percent reported cybercrime/cyber security as the top factor likely to have a negative impact on organizational growth over the next three years. 58 percent anticipate receiving a significant rate of return on their ESG investments within three to five years. CEOs in the banking sector are confident about their company’s growth potential and are betting on large investments in emerging technology, a survey of 120 sector leaders from across the world finds. The KPMG CEO Outlook, now in its tenth year globally, revealed that 66 percent of banking CEOs are confident in the growth prospects of the banking and capital markets industry over the next three years. Eighty-one percent report Gen AI as a top investment priority for their organization, despite ongoing economic uncertainty, as they see emerging technology as a key component in business transformation. However, talent and cyber security remain key concerns for industry leaders as the industry attempts […]
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