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The great divergence
The great divergence McKinsey global Banking Annual Review 2021. December 2021. Contents 03. Executive summary 06. Banking in the pandemic: An industry crisis averted 28. The great divergence in financial services 43. Is your bank ready to diverge? 47. Appendix McKinsey global Banking Annual Review 2021: The great divergence 2. Executive summary Tipping point may be the most overused metaphor in business; viral. For years, investors had been gravitating toward a it gets broadly applied to all kinds of ho-hum changes. But new generation of financial-services firms with new ways of once in a great while, it's more than appropriate.
The global economy is weathering the pandemic better than CEOs had expected. ¹Most likely scenario as of June 2020, based on global weighted average survey response of ~1,000 global executives. ²Factual values for FY 2020. ³FY 2021 forecasts based on most recent expectation of ~1,000 global executives. €Weighted average value of 31 countries.
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