The market for financial service providers is experiencing a period of upheaval. Faced with new regulatory requirements, financial institutes must decide which of their business activities will still be attractive in the future when considering aspects like profitability vs. cost or equity vs. liquidity. Tax implications are also relevant. The complexity of doing business is additionally increased by new accounting standards and reporting obligations.
Sven-Olaf Leitz
Member of the Managing Board, Divisional Director Financial Services
KPMG AG Wirtschaftsprüfungsgesellschaft
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