Fintech'ers Will Be Right on Branching. Unless Bankers Act.
Jeff For Banks
MAY 31, 2017
I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Between 2012 and 2015, there was a 4% branch reduction. Yet both live on.
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