Investment Banking

Fintech attention tends to focus on startups and their efforts to unbundle the financial service industry’s suite of services. But how are banks responding to this disruptive threat? Despite their wealth, talent, and rich history of innovation, they have been sluggish to respond to the upstart movement. This article suggests four ways banks can change their approach and better respond to the impending fintech threat to banks.

The Glass-Steagall Act, Depression-era legislation, has had a controversial, unconventional run. 80 years after its inception, it’s made its way back into public discourse. This article examines its historical context, its erosion, and the repeal of the Glass=Steagall Act, as well as its impact on the financial crisis.