traditional banking incumbents
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 10, 2022 by Mark Carney · across every show →
Everything said about traditional banking incumbents, oldest first
Jan 10, 2022 bearish
Carney: Only a minority of incumbent banks will adapt over 20 years
“I think that some will, but they'll be the minority. I think a number of them will shift towards becoming more white-label credit providers, because In the end, somebody needs a balance sheet to make the loan, and that service isn't necessarily, that expertise…”