Consumer Lending: COVID-19 Recovery Opportunities
In this episode, we discuss the substantial opportunities in consumer lending that the pandemic has created. As economic conditions stabilize, financial institutions and their investors can employ numerous strategies to make the most of those opportunities. Tune in to learn more.
The COVID-19 pandemic has ushered in a series of fundamental challenges to the U.S. economy. Like the great financial crisis of 2007-08, it has reshaped the landscape of consumer lending, but in a very different way. During the COVID-19 pandemic, individuals have curtailed their spending amid layoffs, while the federal government has injected billions of dollars back into the economy in the form of stimulus checks. Ecommerce was a key beneficiary, and it looks like newly established purchase pathways are here to stay.
In this episode, we discuss COVID-19 Recovery Opportunities in Consumer Lending with our panel of expert consultants. We hear from Robert Haslehurst, Managing Director with a focus within LEK’s Retail and Consumer Products practices. Also, Peter Ward, an LEK Partner focused on corporate strategy development who has worked on a diverse set of consulting projects across the technology, financial service, and consumer product industries.
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