NYU's Brad Hintz on the Future Business of Banking

The transcript discusses the ongoing shifts in global commercial banking, highlighting the move towards outsourcing and shared utilities due to necessity. It emphasizes the role of automation and technology in transforming banking operations and the inevitability of these changes. The discussion also covers the future of the banking industry, noting that while some banks face challenges, others like UBS are adapting well. The importance of capital markets and the growth of global wealth as key drivers for the industry are also mentioned.

How does global wealth growth impact the banking sector?

Which European banks are mentioned as facing challenges?