You are here

Old banking models might well stage a comeback

The crisis-wracked industry could return to having consistently well-run, smaller outfits.

BT_20160701_BSBANKS1_2363816.jpg
The changes to banking wrought by the 2008 global financial crisis aren't even a decade old, but the next tsunami has already hit - and not all of this malaise is even attributable to Brexit.

THE cracks in the banking system have once again been ripped open. Twice in the past decade, banks all over the world have slid considerably on all parameters. The 2008 crisis brought down many banks, nationalised many others, changed the metrics for their measurement and ushered in new adequacy

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom