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Onker Basu

Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies.    In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. Forty-five percent expect it to be 2023 and beyond. Despite their opposing outlooks for capital recovery, banking leaders coming out of the mindshare grab of COVID-19 and PPP loans now need to get their teams aligned around adjustments, priorities and focus areas.