Why the “fintech disruption” threat to banks might be overdone

Chris Davis is a famed value investor and a high conviction bull on large bank stocks pretty much all the time. He reasons that the purported existential threat from disruptive technology is overblown. I am on the other side of this debate. Putting aside all the SPACs and startups and other new lenders / trading platforms / credit algos / mortgage apps etc, there’s something even bigger out there to consider… ...

The post Why the “fintech disruption” threat to banks might be overdone appeared first on The Reformed Broker.

source https://thereformedbroker.com/2021/04/06/why-the-fintech-disruption-threat-to-banks-might-be-overdone/