Employee wellbeing has been rising up the HR agenda in recent years, with employers increasingly recognising the benefits of happier, healthier workforces. Mental health problems can affect anyone regardless of the industry they work in, but some sectors see a higher prevalence of wellbeing issues than others.
Covid-19 has shaped and continues to reshape the financial services sector. Demonstrating a responsible response to the challenges became just as important as the business itself, in fact it became the business: “doing the right thing” became an imperative as the context aligned the success of financial institutions to those of their stakeholders, throwing into stark relief what it really means to be sustainable.
Sustainability is popular in so many ways today, including in investment. It’s not surprising that banks are going all out to link their brands with such a trendy concept. But Lundquist has dived beneath the surface to determine where European banks really stand on sustainability, how it is molding their corporate strategies and communications. The results prove that most banks still have a way to go to be fully credible.
Given the prevailing financial infrastructure that exists today, international transfers continue to remain costly, time-consuming and risky—and even more so when there is a need to exchange currency. Such transactions normally undergo a series of stages that invariably include the involvement of intermediary parties and the foreign-exchange market
Digitally native customers are driving banks to jump into the future by embracing technological breakthroughs such as artificial intelligence, machine learning and robotic process automation. And in the process, banks are discovering the many advantages of these innovations, from cutting down on costly human errors to improving everything from fraud management, operational efficiency and trading. As they progress through their digital evolutions, many are reinventing themselves for the better.