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How does banking change and how does technology change it?
Will this notion of elite Swiss banking change because of Parliament's vote and the defeat of Swiss banking secrecy?
The founding fathers of fintech recognized this expectation and took the traditional concepts of financial services, added a pinch of innovation and a touch of technology and watched the future of banking change forever.
It is as if ritual incantation will make America's religious and ethnic diversity vanish, gay folk stop doing the thing that makes Jesus puke (in the words of Sister Mary Ignatius), and the rules of international banking change to accommodate Trump's reckless promise of a deal to reduce America's debt.
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The banking changes were adopted by decree Friday by the cabinet of the Spanish prime minister, Mariano Rajoy.
They are largely justified, especially in relation to the pre-crisis period, when, as King carefully shows, the very nature of banking changed, mainly for the worse.
Some critics of Chinese banking changes point out, however, that one reason for this apparent improvement is that lending has increased rapidly in recent years.
Central banks change the cost of money the interest rate in order to clear labour markets.
Did Citi Holdings (aka bad bank) change strategy of selling stuff after Corbat left?
MOST central banks change interest rates by a quarter point here or a half point there.
Expectations of lending banks change, we have a reversal of cheap credit and the boom collapses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com