invest1 publisher
SocGen's 2029 cost-income target leans more on 3% revenue growth than on its €500M AI saving
The bank wants its cost base below €16.3bn and a cost-income ratio under 55% by 2029. Work the published targets through and the cost side moves that ratio about one point; the income side moves it about five.
Publishers:cryptobriefing.com
Reality
- Evidence40
- Adoption22
- Hype gap+45
- Incentives58
- Confidence45