Banks are like the old powerful movie studios of the 1930s and 1940s in that they failed to realize that TV had great technological potential. They ignored it and thought it would go away. These studios were mostly broken up or gone by 1950. The big banks are doing EXACTLY this, only with Financial Technology today.
There are five major problems coming down the pike.
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Full report is available in “RESEARCH”
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Paul Schulte has had a career in equity research which spans 22 years on both the buy and sell sides covering the Asian and emerging markets. He also has 5 years of government policy experience in emerging markets. He has been frequently ranked in top-five…read more
