Rodgers: Apple Could Feasibly Do Banking Extremely Well

The video discusses the challenges faced by banks due to zero interest rates and competition from tech companies. It explores the potential for tech giants like Facebook and Apple to enter the banking sector, considering regulatory challenges. The shift towards boutique investment banking and the role of technology in foreign exchange markets are examined. The video also reflects on the reputation of banks post-financial crisis and the need for a balanced discussion on banking practices.

What are the two main reasons mentioned for the difficult environment banks are facing?

How has the entry of new competitors affected traditional banks?

Discuss the implications of having companies like Google or Facebook enter the banking sector.

What role does technology play in the current banking landscape according to the text?

What is suggested about the future of the foreign exchange market in relation to technology?