Banks More Likely to Increase Than Decrease Physical Branches, With One Exception

Almost half of banking executives plan to increase their brick-and-mortar branches, versus fewer than one-fifth who plan to decrease them, per a recent KPMG study [pdf]. The study is based on a survey of 100 banking respondents, including senior executives at 70 of the largest banks in the US, holding nearly 80% of all banking assets in the US banking system. (more…)