Paul Garbutt

In this insightful discussion, Paul Garbutt, Rob Benson, and David Morrey from Grant Thornton delve into the future of financial services leading up to 2025. They explore the evolving regulatory landscape and the impact of technology and innovation, particularly in AI and insurtech. The trio also addresses the challenges faced by the insurance sector amidst geopolitical tensions and climate risks. Furthermore, they analyze the implications of rising interest rates and the importance of effective governance in navigating macroeconomic uncertainties.

Paul Garbutt, Partner, and Ed Allen, Managing Director of BRS, discuss challenges in banking & capital markets for 2024. Topics include volatile interest rates, AI, regulation, macroeconomic uncertainties, adapting processes, governance, agility, geopolitical events, interest rate fluctuations, return on equity, capital management, wealth offerings, asset management, non-financial risks, geopolitical factors, sustainability, ESG, data, regulatory inconsistencies, advanced technologies, financial reforms, AI in banking sector, market infrastructure, automation, generative AI, integration challenges, and senior management's role in adopting AI.