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A new focus on talent in wholesale banking

On May 8, McKinsey's Global Banking Practice will publish a short paper looking at the importance of talent to the future of wholesale banking. In this preview video, the authors talk briefly through their findings.
Roger Rudisuli

Advises leading banks, broker-dealers, capital markets infrastructure providers, and asset managers on their core strategic, risk-management, and technology issues

Serves financial institutions, focusing on large-scale risk transformations and talent topics, and leads the talent in corporate and investment banking practice.

The heart of wholesale banking, and the prime differentiator among firms, is talent. A small subset of talent creates the majority of value in the industry, making it critical to identify, attract, develop, and retain the right people. This task has become more challenging, however, as financial services has lost some of its allure as a destination for many top new graduates.

In the following video, co-authors of a new report on talent in wholesale banking discuss the challenges facing banks and ways to build a sustainable people advantage.