Future of Regional Banks
Mark Carney discusses the future of regional banks in the US, highlighting the importance of being either small and close to customers or part of a large institution. He predicts a wave of consolidation in the industry, driven by competition from Fintech. The system is moving towards narrow banking as a core competitor to fractional reserve banks, enabled by technological changes.In this clip
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20VC
20VC: First Republic; Management Responsibility or Result of Contagion in the System, The Future of Regional Banks, Will Interest Rates Go Higher | Net Zero, Where Are We? The Best and the Worst Actors with Mark Carney, Former Governor of The Bank of Engl
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