Challenger banks are once again outperforming the Big Five incumbents on growth, cost-to-income and return on equity. As they march to stronger profits, the big banks are stumbling on remediation costs and legacy issues.
A new landscape analyses the financial results of the Challenger banks, in relation to the Big Five UK retail banks: Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland and Santander. It pinpoints new market players and delves into the key trends underpinning this exciting and fast-evolving sector’s success.
New additions to this year’s report include:
KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.