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24 May 2017

Bad news for the retail sector continues to roll in. Traditional retailers are panicking as shoppers more and more shift their purchases from brick-and-mortar stores to online venues. The industry’s struggles are a cautionary tale for banks, which are also experiencing a digital transformation. But the good news for financial institutions is they still have time to avoid a downturn of the magnitude now facing large retailers.

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News article details

Corporate Banking, Retail Banking
Media Type
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America