Peter Torrente (@PeterTorrente) header
Peter Torrente (@PeterTorrente) profile picture

@KPMG_US National Sector Lead, Banking and Capital Markets

Joined August 2012
Happy #InternationalWomensDay to my colleagues and friends. I am proud to work at KPMG where we celebrate the women that continue to move our firm forward.
Today and every day, we celebrate the women who continue to change the world and all those who drive toward creating a more inclusive future for everyone. #InternationalWomensDay #IWD2023 #EmbraceEquity
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Great panel discussion at #IIBAWC2023 on the #economy, inflation, interest rates, jobs, the debt ceiling + more. Thanks @IIBnews, Steve Ricchiuto, Matthew Luzzetti, & Yelena Shulyatyeva for sharing interesting insights.
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In today's environment, investments in digital transformation carry more weight than ever before. I've outlined how this impacts #payments, #cybersecurity and AI/the #Metaverse for @IntBanker:
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Tune in to the KPMG TaxWatch Quarterly #Bank Update on 3/8 at 2 PM ET for interesting discussions on the the outlook for the 118th Congress , impacts of the #InflationReductionAct, & FASB's pending expansion of proportional amortization. #KPMGTax tax.kpmg.us/events/webcasts/…
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There are various risks facing #bank boards & its never been more important to have holistic #RiskManagement and oversight. Our latest report highlights 9 key issues bank boards should consider in 2023. Find out more: boardleadership.kpmg.us/rele…
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According to our latest #fintech report, the US continued to drive fintech investment in the Americas, accounting for $61.6B in #investment. Read to learn more. Thanks to my colleagues @ARuddenklau, Judd Caplain, and @ruark_robert for their insights.
Hot off the press: our H2’22 Pulse of #Fintech report! Click to read insights on global fintech investments and #deals ⤵

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On #DigitalTransformation: We're witnessing a new dynamic. #Banking execs are increasingly working to digitize the enterprise across front, middle, & back offices, ultimately creating new digital capabilities that benefit customers and the business.
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Though a somewhat uncharted territory, banks that begin making moves in the #Metaverse can start to build a brand, acquire new customers & leverage the platform to deliver key products & services. Interesting findings on why firms should consider investing in the digital world:
This just in: Are #macroeconomic conditions impacting investments in the #metaverse? Find out in our newly released metaverse investor perspectives survey: kpmg.us/growth-strategy/meta…
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Digital transformation, earnings growth, and payments top the list for what #banks are focused on in 2023. Read our insights here. advisory.kpmg.us/articles/20…
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Peter Torrente retweeted
Tune in on 1/31 @ 1:00pm ET for an inside look at the state of #sportsbets, deal activity + how #inflation may impact #SuperBowl2023 celebrations in a discussion with @realrickarpin, @ShawnQuill_ and C&R National Sector Leader Matt Kramer. RSVP here: ow.ly/nPmV50MEQCF
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A sign of good news for consumers and businesses alike: The #inflation rate dropped in December with a 6.5% annual reading. How will the Fed respond? More from @Bloomberg's @ctorresreporter: bloom.bg/3Wqf1eL.
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Live from @wef in #davos2023, @KPMG_US CEO @paulknopp on what he is hearing on the impacts of the economy on tech spending. #wef23
“In past recessions, you definitely see more clients hitting the brakes in a significant way on technology spending,” @KPMG_US CEO @paulknopp says. “Generally speaking, we’re not seeing that.”
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It was a pleasure providing my thoughts on takeaways from today's bank earnings with @saeedhas and the @ReutersBiz team. Story below.
Wall Street banks stockpile funds for possible recession, show resilience reut.rs/3ZwpYy5
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Enjoyed the conversation with Christopher Wolfe of @FitchRatings, @KenKim_1, our regulatory team, and @KPMGUS_Tax's Mark Price and @johngimigliano earlier this week during our quarterly #banking symposium. Watch the replay: advisory.kpmg.us/events/webc…
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Read KPMG's latest report from Amy Matsuo + team for regulatory insights on payments and crypto, climate and sustainability, transparency and reporting + more. bit.ly/3k21kVQ
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