Kent Matthews delves into the evolution of banking, exploring whether traditional banks are becoming obsolete in the face of technological advancements and fintech innovations. From the historical roots of banking to the impact of the 2008 financial crisis, Kent discusses the challenges and transformations within the industry. He also examines the role of regulation, interest rates, and the rise of ESG in shaping the future of banking. Tune in to understand how banks are adapting to a rapidly changing financial landscape.

Professor Kent Matthews: https://profiles.cardiff.ac.uk/emeritus/matthewsk

'Trends in Domestic and International Banking': https://www.worldscientific.com/doi/pdf/10.1142/9789811275067_0001

Timestamps:

00:00: Are Banks Dead?

01:26: The History of Banking

05:09: Has Banking Improved Post Breton Woods?

08:33: What Caused the 2008 Financial Crisis?

13:18: What Banking Regulation Has Slowed Growth?

18:00: Why Banking in America Is More Profitable?

22:11: Is FinTech a Threat to Traditional Banking?

29:33: Will AI Replace Bankers?

33:28: Best Country for Banking Regulation

36:31: Encouraging Lending to Small Businesses

43:00: How Interest Rates Affect the Economy

49:02: Covid Pandemic's Impact on the Economy

51:14: How Will Banking Change Over Time?

56:13: How ESG is Changing Banking

01:00:13: Kent's Closing Thoughts

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