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Fintechs ? a 'shoal of piranhas' ? have forced banks to switch from 'compete to collaborate' - Business Insider


Business Insider

Fintechs ? a 'shoal of piranhas' ? have forced banks to switch from 'compete to collaborate'
Business Insider
But the biggest shift in banking industry during the tech revolution is the switch from complacency to collaboration, said Richard Lumb, the CEO of Accenture's financial services business to Business Insider on the sidelines of the World Economic Forum ...

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Libor trial of six City brokers begins

Six City brokers have gone on trial, accused of rigging the lending rate used between banks.

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