Search for

No matches. Check your spelling and try again, or try altering your search terms for better results.

Topics

Banking

A world without banks was once impossible to imagine. As recently as 2007 banks were more powerful than they had ever been. But the 2008 financial crisis proved just how dangerous that power could be. Less then a decade later, new fines and regulations have severely curbed the influence of the world’s biggest banks. Low interest rates, meanwhile, have cut into banks’ profits even as advancements in digital currencies have threatened to disrupt the traditional banking model. Put simply, banks will soon play a much smaller role in the global economy.

As recently as 2007 banks were more powerful than they had ever been. But the 2008 financial crisis proved just how dangerous that power could be.
(Spencer Platt/Getty Images)
FILTER
SORT
SITUATION REPORTS0
    Stratfor Worldview

    OUR COMMITMENT

    To empower members to confidently understand and navigate a continuously changing and complex global environment.

    GET THE MOBILE APPApp Store
    Google Play