Banks Need to be More Like Facebook: Jacobsen

The video discusses the challenges faced by the banking sector, including underperformance, regulatory pressures, and technological disruptions. It highlights the specific issues faced by Deutsche Bank and the broader implications for liquidity and the economy. The discussion also covers the regulatory environment and the need for banks to return to a simpler, more traditional banking model. The video concludes with an analysis of the future outlook for banks, emphasizing the need for adaptation and regulatory balance.

What are the implications of banks underperforming as an index against the overall market?

How has technology, particularly fintech, challenged traditional banking models?

What concerns does the speaker express regarding Deutsche Bank's role in the German economy?

What does the speaker mean by the term 'free model of banking'?

In what ways has regulatory tightening affected the banking sector according to the speaker?

What are the potential risks associated with the current state of the banking sector?

How does the speaker describe the current business model of banks?