McKinsey – Global Banking Annual Review, 2025

The main theme of the report is that precision, not scale, is crucial for the future of the banking industry.

The report emphasizes that banks must prepare for the next growth curve by adopting a targeted approach to thrive. Key takeaways include the need to use a 'precision toolkit' that encompasses technology, new consumer segmentation, capital efficiency, and targeted mergers and acquisitions. In the age of AI, even smaller banks can reap significant benefits by embedding precision into every dimension of strategy.