The Wall Street Journal Covers Oliver Wyman And Morgan Stanley Wholesale Banking Report

Data from Oliver Wyman and Morgan Stanley’s annual wholesale banking report, “Wholesale Banks and Asset Managers - Winning Under Pressure,” was included in a story titled “What Does the Future Hold for Banks? More Cost Cutting, Competition” in the Wall Street Journal.

This article explores the future of banks as stocks have been climbing as a result of rising interest rates. According to Oliver Wyman and Morgan Stanley, project return on equity is projected to reach 13% by 2020, up from 10% last year. In addition, they forecast $10 billion more revenue in those businesses, but with increasing pressure on profitability that will ultimately stymie returns.

To read the full article, click here.