Insights on Financial Services

Insurers can help address the continent’s retirement savings shortfalls by offering innovative financial products and educating consumers about how they work.

Pockets of opportunity in Asia’s large and growing corporate and investment banking (CIB) sector favor institutions that pursue both growth and efficiency as they tailor offerings to clients’ needs.

Insurance companies are at an inflection point with their generative AI use cases. Three McKinsey partners discuss the value of combining generative AI with other technologies.

While AI and generative AI may enable a new age of productivity, redesigning end-to-end processes and using traditional optimization methods can lay the foundation for transformation.

After a tough 2022 and 2023, commercial deposits are expected to rise up to 4 percent a year for the next few years. Strong client relationships and innovative pricing can position banks for success.

Europe’s embedded-finance market is growing at double-digit rates. It is becoming increasingly important for banks, merchants, and other customer platforms to participate.

Capturing value from technology and AI requires taking actions beyond those domains, especially around organizational considerations.

The relationship between insurers and private-capital firms has strengthened in recent years as distinctive investment management has become critical to executing the “virtuous flywheel” strategy.

Generative AI is transforming financial services, offering opportunities for efficiency and innovation. As banks race to deploy...

Setting up generative AI pilots is easy; scaling them to capture material value is hard. A recipe for success is emerging.

Wholesale banks have vast expertise in traditional AI. It’s a sound investment that is paying off again as generative AI...