![The top investment banks have largely exhausted the opportunities for taking out costs within their existing business models](https://assets.fnlondon.com/2016/01/IMG009372_full4x3.jpg)
Regulatory reform has become a constant process for global investment banks.
That environment of continual reform, triggered by the recession and credit crisis, will persist for at least several years. Instead of fretting about this transformative regulatory environment, savvy banks are taking action to manage these pressures and achieve further savings to improve their performance.