Financial Institutions in an Age of Populism
The events of 2016 raise the serious possibility that populism and nationalism will play much larger roles in advanced economies in the next several decades than in the last several. This is far from certain, given the deep divisions within the public in the US and Europe, but the potential must be taken seriously.
This report highlights some key assumptions of recent decades that may be reversed if we have entered a populist era and identifies over 30 specific implications for financial institutions.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned operating unit of Marsh & McLennan Companies [NYSE: MMC].
Tel: +1 212 345 1366
Tel: +44 (0)782 448 3336
Tel.: +81 3 3500 3023