Fintech Strategy + Ops 🚀 Previously @JPMorgan @khoslaventures @conversioncap @KPMG 🤖 Tech enthusiast, lover of books, and world traveler 🌎 @columbia_biz ‘16
Oct 24, 2019 • 11 tweets • 3 min read
Nice infographic on the state of banking 2019.
I'd recommend reading full report, too! A couple things to highlight...
visualcapitalist.com/bank-late-cycl…
Global return on tangible equity (ROTE) has remained at an abysmal 10.5%. Emerging market ROTE has suffered the most, falling to 14.1% from 20% five years earlier.