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June 24, 2019 Bankers prioritize technology in their growth and M&A strategies Banking and capital markets (BCM) executives are feeling bullish about the prospects for global economic growth, with 89% seeing improvements in the global economy. In terms of their own growth, BCM executives are riding a wave of strong earnings, with 73% anticipating revenue growth between 6% and 15% in 2019, according to the EY Global Capital Confidence Barometer. However, it is important to note that our M&A survey was conducted in February and March 2019, when a resolution to both the US-China trade situation and Brexit seemed likely. Since then, tensions relating to both issues have escalated. At the same time, analysts continue to warn of an economic slowdown — something 37% of BCM executives agree is the primary risk to their business. Charlie Alexander, EY Global Transaction Advisory Services Leader – Banking Capital Markets Sector, provides details. | |||