The Future of Banking

If any of them are going to survive at all, it's going to be... They're going to start from scratch and build this up. I just can't see how these big financial institutions can push themselves through this kind of upheaval quick enough. The winners are going to be the lean and slim banks or the new startups. It starts with the retail side on the private side. This is retail banking we're talking about because it will affect all of us. We've all got smartphones. We're all going to be doing banking via our mobile devices or whatever. Again, but we'll start probably seeing the same tendency in other areas as well.