In December 2021 major banks in the UK agreed to join forces to help people and businesses to be able to access banking services. The collaboration is called the Access to Cash Action Group.
Ireland is the 4th largest exporter of Financial Services in the EU, so the banks are well placed to take a piece of the pie from multiple markets and not just Ireland.
Currency markets aren’t too fond of political instability. One might’ve expected that a fifth election in three years in Israel would elicit some jitters.
Prakash explained how the story of IBM and Apple offer interesting lessons about partnership. Partnerships that he believes that banks and fintechs can use to their benefit.
As Korea continues to grow as a player in global finance, investors are considering Seoul as a potential home for more M&A and private equity activity.