The market for financial service providers is undergoing radical change. New regulatory requirements are challenging banks to rethink their business activities in terms of profitability, costs, equity and liquidity. Financial service providers and credit institutions must analyse which business models are still economically viable under the current conditions. Tax implications should also be taken into consideration. The complexity of the business is further increased by new accounting standards and extended reporting obligations.
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Dr. Matthias Mayer
Partner, Financial Services, FS Chief Solution Officer and Chief Markets Officer
KPMG AG Wirtschaftsprüfungsgesellschaft
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