Bankrupt: Why Banking Is Broken. How It Can Be Transformed.
| Author | : | |
| Rating | : | 4.87 (503 Votes) |
| Asin | : | 1907720529 |
| Format Type | : | paperback |
| Number of Pages | : | 178 Pages |
| Publish Date | : | 2015-03-22 |
| Language | : | English |
DESCRIPTION:
Rising fees. It's about how today's banks can transform themselves to redefine banking. It's a call for leadership that lives by the motto "Do the right thing." To chart a path to the future, Realini draws upon her extensive personal experience in India, and reveals the amazing revolution in grassroots banking that is taking place right now. It's not about creating nostalgia for a golden age that is long past. Americans (and much of the rest of the world) are angry and fed up with banks. Today's vast superbanks are organizations that seem to operate by their own rules and trample their Main Street customers. In this explosive book, Carol Realini reveals what afflicts today's bigges
Powerful and compelling! Charles Reader America needs to stop being narcissistic and self-absorbed. Revolutions are happening beyond our borders, and we need to recognize that we can learn from what others are doing (shocking but true!). Carol Realini not only strips bare the corruption of our banking industry, but she reveals practical, large-scale solutions that are happening now in India and (of all places!) Kenya. The US risks being leapfrogged and left to wonder what happened to our self-proclaimed superiority. This book is a bombshell and a wak. Great insight into HOW banking is broken and an open invitation to fix it! Per John Thorenfeldt Realini goes beyond joining the «banking is broken» choir. The book speaks directly to the US banking community and shows how their prevailing world view is not only misguided but the cornerstone of the problem.Realini gives detailed examples and context to how and why «banking is broken» in the US. Many of the issues translate to the rest of the western word, but some of the issues are unique to the US, such as the antiquated regulatory environment, reliance on fee-revenues and retail p. "A Fantastic Expose on the Follies and Potential Future of the Banking Industry" according to R. Gutierrez. I read Carol Realini's BANKRupt and was both fascinated and "mightily" impressed. Much of her observations of the banking industry and its need for change are observations I share, and others have shared over the years. I was particularly interested in her comments with regard to the payment industry, and its evolving infrastructure, bypassing the legacy systems of banks due to large banks' intransigence and continued focus on profit over efficiency, and some banks disregard for "forward thinking", and inclusiv