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Socialbankers
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Interesting post, Bill. I have however my doubts about the long-term viability of being large. Including these large U.S.-banks. I think that large (universal) banks will be forced to become more agile and know their customers as if they were small. Prices of commoditised products will keep on going down, so the money will have to come from somewhere. Most research shows by the way that by far the largest % of M&As have resulted in shareholder-value destruction. Regarding creative destruction in banking, watch this funny one: http://youtu.be/XPAk_RKubGw Tony
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Oct 21, 2011