Business · Companies · 3 hrs ago

T-Bank chief says the era of traditional banking is ending

T-Bank chief says the era of traditional banking is ending

The T-Bank chief said traditional banking is fading.

He made the remarks about small players in the financial market.

He compared them with taxi drivers who work for the love of it.

The statement suggests he sees small firms as operating for reasons beyond the main business of banking.

It also points to a shift away from traditional banking.

The remarks do not say what will replace it or when the change will happen.

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