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Safer banking means lower profits, which means smaller compensation packages.
Today, the popularity of internet banking means even fewer transactions are done at the counter.
His background in business and banking means he specialises in scrutinising the way the BBC spends licence fee payers' money.
The explosion in online and mobile banking means UK consumers now make more than 70m bank transfers a month, compared with just over 100m in a whole year just a decade ago.
Platforms like Ethereum, Ripple, Blockstream/Blockchain are also ones to look out for, says Van der Kleij, who explains that their ability to enable everything from smart contracts to banking means they've caught the attention of innovators big and small.
Denying government support to non-traditional banking means less funding available for trading activities, and by extension, fewer of them.
Similar(52)
The answer, of course, can be found in the era when retail banks thought banking meant whatever they wanted it to mean.
Unlike its more famous rivals, Lloyds TSB's strong reliance on retail banking meant it weathered the recent financial turbulence relatively well.
And the separation between research and banking meant research had to tailor to brokerages, who mostly want reports about the large-cap companies.
Another rate rise would reinforce the message that the bank means business.
It is hard to say precisely what "issued by the central bank" means.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com