Maybe you know some of these points. But you do not know all unless you were there at the Washington Convention Center for the October BAI Retail Delivery confab. And even then, were you paying attention?
1. The Big Banks Are Primed for a Fall
Keynoter Richard Branson – the self-made billionaire of Virgin fame – is betting heavily that his Virgin Money bank can wrest huge market share from the handful of mega banks that dominate the United Kingdom. “Their brands have been damaged,” said Branson at BAI, and the plain point is that between their high pay packets and the financial shenanigans perpetrated by bankers, Branson believes an historic opportunity exists to profit from their misery.
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