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Evolving Innovation in Operations and Technology for Banks

Listening to the Q3 results of banks, I was pleasantly surprised to see the cautionary tale around the revenue guidance for the coming quarters. Banks as a Industry group are one of the best performing on Wall Street but coming off historical lows. U.S. banks entered 2013 with uninterrupted expense control, sound balance sheets, an uptick in mortgage activity and lesser credit loss provisions. Moreover, a favourable equity and asset market backdrop, falling unemployment, a progressive housing sector and a flexible monetary policy have been making the road to growth smoother.Yet top ...

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