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United States | Atlanta, GA; Baltimore, MD; Boston, MA; Charlotte, NC;
Chicago, IL; Cincinnati, OH; Cleveland, OH; Columbus, OH; Dallas, TX; Denver, CO; Detroit, MI; Fairfield County, CT; Fort Lauderdale, FL; Houston, TX; Jacksonville, FL; Los Angeles, CA; Miami, FL; Minneapolis, MN; New Jersey; New York, NY; Oakland / East Bay, CA; Orange County, CA; Palm Beach, FL; Philadelphia, PA; Phoenix, AZ; Pittsburgh, PA; Portland, OR; Raleigh, NC; Richmond, VA; San Diego, CA; San Francisco, CA; Seattle, WA; St. Louis, MO; Tampa, FL; Washington, DC

Report | United States Banking and Finance Outlook - 2013

Summary

​With profitability under pressure, banks seek to further cut real estate costs

Profit pressures and intensifying competition have heightened the role of real estate as both a key driver of revenue and cost to be managed. The complexity and diversity of the businesses within this sector will always require a mix of urban, suburban, top-tier and back-office space. However, the drive for efficiency is fueling a shift away from traditional hub locations and toward lower cost markets.

 

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