Banking Results 2014: A Paradox of Forces

Banking Results 2014: A Paradox of Forces

In this report, our banking experts examine how the different forces at play are simultaneously accelerating and disrupting the industry.

CONTACT

Partner and UK Head of Capital Markets

KPMG in the UK

Contact

Also on KPMG.com

Our latest banking insights, A paradox of forces, analyses the annual results from Barclays, HSBC, Lloyds, RBS and Standard Chartered Bank and finds a mixed picture of the industry.

Key Highlights:

  • Clear signs of recovery and improvements in banking but also a mixed picture
  • Different forces are simultaneously accelerating and disrupting the industry
  • All five organisations are profitable again but developing very differently
  • The role of digital and the impact of an improved cultural governance has not been fully realised
  • UK and EU-wide regulatory demands, capital market reforms and uncertainty of London's future as a global financial centre adds further pressure  
Infographic: The forces at play

Different forces are simultaneously accelerating and disrupting the industry, affecting the results of the big five banks.

Infographic 1

Infographic: Behind the numbers

Signs of challenge and progress can be seen behind the figures reported in the 2014 results.

Infographic 2

 

 

 

 

 

 

 

News

UK bank profits up 62%

Britain’s biggest banks are in a healthier shape and returning to profitability

UK Banks Performance Benchmarking Report

The banking sector can start making steps towards delivering sustainable growth and profitability.

 
Read more
 
Read more
 
Read more

This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.

Connect with us

 

Request for proposal

 

Submit

KPMG’s new-look website

KPMG’s new-look website