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Tag: banks
An image of three banks on top of three stacks of coins.
27 April 2016 - 17:21, by , in Industry Trends, No comments
CoStar recently reported on Citigroup’s prediction that one-third of US bank branches will be closed in 10 years. Citigroup blames FinTech for this, and suggests that automation will be one of the main factors involved. Antony Jenkins, former chief executive of Barclays, has a similar prediction: “The number of branches and people employed in the financial services sector may...