The future of banking

The future of banking

A future with fewer banks

Imagining a world without banks

Banks v big tech

How fintech will eat into banks’ business

Bankers, once kings of capital, may be dethroned by payment platforms

Debt v equity

A bigger role for venture capital

Why bankers are scarce in Silicon Valley

Low interest rates

When interest rates turn negative

Banks do less banking with interest rates at zero

Public v private money

When central banks issue digital money

Will banks survive the transition to a new monetary system?

Monetary sovereignty

Will the dollar stay dominant?

Digital money may pose a new threat to dollar hegemony

Money on my mind

A brave new world for banks

The transition from banking may make financial services cheaper, quicker and fairer. But it will threaten privacy and sovereignty and expand the role of state

Sources and acknowledgments