Nitin Rakesh

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Last quote by Nitin Rakesh

With historically low interest rates and the difficulty of making returns in a low margin environment, banks that have high legacy system costs are eating into their profits. Across the Eurozone, banks should be looking at ways that technology can streamline their operating costs, particularly through automation tools which are revolutionizing the entire industry.feedback
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Jul 28 2016
Nitin Rakesh has most recently been quoted in an article called Can these banks face the ‘stress’?. Nitin Rakesh said, “Since the financial crisis, there has been a lot of unease and uncertainty, particularly within the euro zone. There is currently a great deal of attention on Brexit as well as the Italian banking crisis, so the ECB will be hoping that the stress tests reveal that the banks are in a position to cope with adverse trading conditions.”. Nitin Rakesh has been quoted a grand total of 2 times in 1 article.
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