Red tape, red ink
29 September 2017
Email
Share
They now spend an average of around 4 percent of revenue to comply with regulators’ requirements, according to a poll by Duff & Phelps. That is expected to increase to as much as 10 percent by 2022. Red tape will keep weighing on lenders’ margins as well as employees’ sanity.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.