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January 20, 2021 Six strategic levers to optimize long-term cost transformation It is widely accepted that banks’ profitability is under pressure from increased competition and regulation, as well as macroeconomic downturns. The COVID-19 pandemic has only exacerbated the situation. Across the banking sector as a whole, investors are now looking for cost transformation strategies that move beyond incremental improvement. An EY article provides details. | |||