UBS: Banks Near Me Will Save $3.3 Trillion By 2027
As banks prepare to start the new decade, UBS says it expects them to save $3 trillion in 2019.
The bank predicts that this will lead to a $4 trillion increase in savings in 2027.
The UBS report, which is based on a comprehensive analysis of banking industry and investment trends, also says the global economy will become more interconnected and will create opportunities for investment banks to be more competitive.
It predicts the global banking industry will grow to $9.4 trillion by 2021, an increase of nearly 20% from 2019.
It also predicts that the global financial services industry will continue to grow at an annual rate of 5.8%.
In addition, UES said it expects to see more global banks expanding their operations into emerging markets, while more and more international banks will move into the US.
The report also predicts the amount of capital in banks will increase, with a majority of the total capital being used to invest in technology.
This is due to a number of factors, including improved technology and services, as well as increased regulatory scrutiny and stricter capital rules.
In 2018, UTS said it would increase the proportion of the capital that is invested in the US by $100 billion in 2020, an amount it estimates will increase to $300 billion by 2021.