Problem
This problem is designed to develop skills in assessing and providing insights into how economic and technological developments and increasing interest rates will impact the banking sector. It will involve a literature search, synthesising the findings, and presenting a succinctly clearly written essay briefing note.[1] Incorporating current trends and communicating the findings and conclusions to senior management is an important employability skill. Use Deloitte Insights: 2023 Banking and Capital Markets Outlook (2023: 3-14) as a starting point in your analyses. Furthermore, relate the issues provided by Deloitte Insights to the Singaporean banking sector.