Threat from fintech and challengers helps drive up use of consultants in banking and insurance…

Banking, the largest consulting market within the global financial services industry, grew 8.4% to US$13.6billion in 2016.

The global financial services industry also continued to be a very good market for consultants, growing 8.3% in 2016. While the US, DACH and UK remained the industry’s three largest markets, the markets in China and India grew even more strongly.