Page 3 - ஓஹியோ அடிப்படையிலானது ஹண்டிங்டன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BBVA ’S U.S. arm, Wall Street predicts there will be a wave of bank consolidation in the new year. Of course, many analysts had expected bank mergers in 2020 before the economic impact and uncertainty of the coronavirus pandemic upended much deal activity. But even while deal activity has slowed, the pandemic has strengthened the case for consolidation as more banking activity moves online. “What’s different now is that COVID has reordered the importance of bank delivery channels with branch transactions declining at the expense of digital,” UBS analyst Brock Vandervliet wrote in a note Monday. “Banks are now in a much more compelling position to extract cost savings from the branch network and drive pre-provision net revenue.”

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