Banks Face Fight-or-Join Decision With Tech Firms, McKinsey Says

30-Sep-2015 #Globalwealth Source: Bloomberg

Banks are slowing experiencing falling margins and weak relationship with their individual customers. A recent McKinsey report says that banks will must choose whether they’ll try to revamp their brands, give customers services they didn’t know they wanted, and hire more engaging employees or allow new entrants to do these things and just provide funding for loans.

Read Full Article..