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Sound 2024 Outlook for Global Banking, But Key Downside Risks Likely to Persist

For most economies, 2023 was a trying year, but banks profited from high rates. What does 2024 have in store for global banking? With rates having likely peaked, banks will face higher funding costs. Factors such as slower economic growth, stricter regulations and growing geopolitical tensions will also weigh on banks in the coming months. ....

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