The dramatic changes in the financial services industry have had a great effect on profitability, forcing financial institutions to change their management focus. Increased competitive pressures, tightening interest rates spreads and declining deposits balances have made goals even more difficult to achieve. The Financial Services Industries Consulting Practices at Ernst & Young LLP have developed this perfect guide to help readers reach those increasingly difficult goals. This reliable source of guidance has insight on asset/liability management, branch profitability and complete bank-wide performance program. It looks at all aspects of profitability, including hands-on approaches to: profitability philosophies and structures; balance sheet, revenue and expense components: transfer pricing of funds; planning and budgeting; and performance measurements.
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The dramatic changes in the financial services industry have had a profound effect on profitability, forcing financial institutions to change their management focus. Increased competitive pressures, tightening interest-rate spreads and declining deposit balances have made financial goals even more difficult to achieve. This environment creates an increased and urgent need for quality information on profitability management. The Ernst & Young Guide to Performance Measurement for Financial Institutions is the comprehensive resource for bankers seeking to exert greater control over profitability and performance.
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