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The McKinsey Podcast · 2025-12-31 · 26 min · 4,017 words

What's next for global banking?

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Happy holidays to you from us here at McKinsey. Today we've got one of our most popular interviews from 2025. We'll be back January 8th with new episodes. This is the McKinsey Podcast, where we help you make sense out of our world's toughest business challenges. Welcome to the show.

I'm Lucia Rahili and I'm Roberta Fassaro. Banks that ignore the macro environment, the geopolitical environment, the risks that come with it, the opportunities that come with it, do so at their own peril. That's McKinsey senior partner Pradip Patiya. He leads our global digital financial services, and he joins me and McKinsey senior partner Klaus Dallarip. to discuss what banks need to do to stay vital in a world in flux.

But first, despite some challenges, M<unk>A markets are thriving. Read about it in our annual M<unk>A report. In another report, affordable housing in the U.S., it's a major issue and more of it would increase jobs and improve quality of life for many Americans. Check out more details in our Investing in Housing report. And now let's hear more about McKinsey's annual global banking review.

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