Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Shifting to a higher gear

Top issues for banks in 2022 and beyond

A relentless shifting of the competitive banking landscape has heightened the need for speed to attract and retain tech-savvy customers. The ability of industry executives to swiftly anticipate, react and adapt to challenges and opportunities will be among the most critical success factors in the evolution of the bank of the future.

Explore the top issues

While each institution has its unique challenges and opportunities, the following issues are likely to impact all banks:

Profitability: Innovation for revenue and growth

Profitability: Innovation for revenue and growth

Winning institutions will craft strategies based on an understanding of their capabilities, infrastructure, markets and the customers they serve. Successful execution will require a balance of innovation growth “bets” and stable activities.

Digitization: Digital-first, customer-centric banking

Digitization: Digital-first, customer-centric banking

In today’s marketplace, any company with the ability to grow and manage consumer money is competing for market share. Banks have an opportunity to modernize their infrastructure and succeed as customer-centric organizations.

Cost optimization: Drive profitability and efficiency

Cost optimization: Drive profitability and efficiency

Banks are intensifying their cost transformation programs, but many are struggling to digitize key functions and eliminate non-value-add activities. Better cost optimization can improve your profitability and efficiency. Read more

M&A: Create new capabilities and revenue synergies

M&A: Create new capabilities and revenue synergies

Competition for tech-savvy customers is only beginning. The value of collaboration with fintechs has never been greater and will intensify. More than ever, success requires sophisticated diligence and meticulous execution.

Regulation: The right risk management attitude

Regulation: The right risk management attitude

As regulatory expectations increase, banks face heightened levels of supervision. To prepare for expanded oversight, key areas of consideration include customer service, privacy and protection, fairness and sustainability.

ESG: A significant opportunity for banks

ESG: A significant opportunity for banks

Sustainable, socially responsible behavior is already expected by bank stakeholders. As regulators indicate interest in creating mandatory climate risk disclosure rules, banks will want to review their readiness to meet such rules.

Cyber: Build resilience and reduce threats

Cyber: Build resilience and reduce threats

Regulators have called cyber risk the foremost danger to financial stability. Given the highly interconnected nature of the banking sector, all participants must implement initiatives to counter current and emerging threats.

Digital assets: The path to success

Digital assets: The path to success

Crypto currencies and other digital assets are becoming attractive to banking customers as an investment. Banks must be prudent and view them through the lens of trust, transparency and auditability.

Talent: Attract the right people, the right way

/kpmg-us/content/dam/kpmg/category-hero/2022/women-around-laptop_1564x880

Talent: Attract the right people, the right way

Technology talent acquisition and retention are a key objective of the banking industry. The competition for talent will be intense not only within financial services, but also from technology firms, start-ups and other industries.

Tax: Reduce compliance risks and costs

Tax: Reduce compliance risks and costs

Banks can expect a continuing evolution of legislation and regulations in their operating environment. Tax professionals will need to quickly adapt to new rules and developments that could impact their organizations.

Dive into our thinking:

Shifting to a higher gear

Download PDF

Explore more

Popular category topics

Meet our team

Image of Peter Torrente
Peter Torrente
US Sector Leader, Banking & Capital Markets, KPMG US

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline