giant tech banks

Don't fear the Libra - worry about retail central bank digital currency instead

European banks – don’t fear the Libra

BOAML | For a while, we’ve been asked by clients how “big tech” might compete with the European banks. This question now seems to need an answer. We think the European banks sector faces plenty of challenges, but a head-on challenge from the likes of Amazon and Google etc aren’t among them, in our view.