Global Banking Trends: Revolutionizing Industry with Advantages and Pitfalls
The article discusses seven major trends in modern international banking, including loosening regulations, globalizing management, digitalizing operations, consolidating industries, offering diverse services, promoting financial innovation, and enhancing supervision. Each trend has both positive and negative effects on the banking industry and global finance. The paper aims to provide insights for bankers and regulators on the potential outcomes of banks merging into the international banking sector.