Is the financial services sector an open goal?
David Whiting
Is the financial services sector an open goal?
David Whiting looks at the sorry state of retail banking and speculates that it is time for competitors to shake up this complacent sector
The Banking Sectorhas recently been under greater scrutiny than ever before. Owing to its pivotal role in precipitating the global economic crisis, substantially greater regulation of its investment activities is a likely outcome. In the extensive discussion of the systemic arrogance and short-term thinking – among other failings – that created the financial implosion, there has...