Global banks eye $7 trillion upswing; Bank valuations to soar despite hurdles
Edited By WION Video Desk
Published: Jan 15, 2024, 20:00 IST | Updated: Jan 15, 2024, 20:00 IST
The Boston consulting group anticipates a surge in the valuation of global banks. The report suggests a potential $7 trillion increase in combined valuations for global banks within the next five years. This projection comes against a backdrop of widespread pessimism fueled by a significant drop in profitability within the banking sector.
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