Thursday, February 3, 2011

US Retail Banking Enterprise Insights Q2 2010


US Retail Banking Enterprise Insights Q2 2010

Buy Now  : Market Research
This brief looks at the key market developments in US retail banking during Q2 2010, and provides a summary of selected Q1 2010 financial results, highlights of other notable industry developments and provides insight into Ovum’s newest reports.
Scope
  • Ovum’s Financial Services Technology team provides analysis from ongoing research into the market dynamics of the US retail banking industry
  • This report examines developments announced in US during Q2 2010

US Retail Banking Enterprise Insights Q2 2010

Highlights
The US economy is gradually recovering, with the corporate sector taking the lead on the performance side. Consequently, financial health is improving and the amount of charge-offs from the corporate sector began to decline in Q1 2010. In general, this trend is expected to remain for the foreseeable future.
The banking industry’s earnings recovery seems to be on track. However, the improvement is a result of declining losses rather than the generation of new revenues. First quarter earnings show a significant year-on-year improvement. However, the figures are still historically low.
Reasons to Purchase
  • Gain a comprehensive picture of the US retail banking market, including the financial performance of players, other notable industry developments
  • Review the newest Ovum publications

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