career bankers have an established view of how banks should work. it is difficult for them to change banking models other than at the margin. this is compounded by the fact that those supervising banks (regulators, c-bankers, legislators) also have a traditional view on banking and/or regulation, monetary policy. the more non-career bankers will ascend within banking AND non-traditional thinkers will ascend within ranks of those that supervise banks, the faster banking will change from within. (does not take into accounts exogenous change vectors.) #banks #banking #regulation #innovation #disruption #change #fintech …see more