We are excited to release the 2024 edition of Banking on the Cloud. This year we explore several trends—from maturing the customer experience to advancing ESG to modernizing finance and more. In this report we also highlight how banks are using generative AI in the activities of banking to transform and reimagine their customer interactions, as well as their internal processes. Download the report to start exploring trends and learn how banks are working with AWS to transform their business.

Winning in tomorrow’s world with the lessons of today.

Has the European banking sector achieved renewed stability amidst a troubled macroeconomic context? Over the past three years, the banking sector has had to endure numerous crises, including Covid-19 and the war in Ukraine. What do the 2023 interim results of the 26 largest banks in Europe indicate about the impact on Expected Credit Losses (ECL) in this unusual environment? We have analysed the 2023 interim reports of 26 banks in 11 European countries to better understand the impact of financial turbulence and ongoing geopolitical crises on their Expected Credit Losses. This study is the seventh in its series and follows on from previous editions of the report since its launch in 2020.   

The most important tax change for 2024 - the government's consolidation package - was approved in its third reading in the Chamber of Deputies on 13 October. PwC's tax experts take the opportunity to analyse the various areas of change in detail.