The Bank Model: Broken?
Each day brings fresh evidence that the traditional UK banking model is under intense pressure, if not actually on the verge of breaking down altogether. RBS was on the receiving end of some elaborate media speculation last weekend that it was planning to shed a further 15,000 jobs to save £800m per annum in costs; […] The post The Bank Model: Broken? appeared first on ArchOver.
Consolidation and The Plight of Thrifty Consumers
The storm clouds are gathering for the P2P sector – they have been for about a year now, ever since a few prominent platforms (e.g. Lending Club and Funding Knight) started to get into trouble and the mainline media’s enthusiasm for all things ‘Alternative Finance’ suddenly took a 180 degree about-turn. We are still enjoying […] The post Consolidation and The Plight of Thrifty Consumers appeared f...