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McKinsey to banks: innovate or die
Traditional banks are ceding market share to new platforms.
Rhetoric aside, a global downturn would hit the U.S., too.
Economic growth in the rest of the world will slow next year. And that slowing growth will take a bit of wind out the U.S. economy’s sails. So said Maurice Obstfeld, the outgoing chief economist of the IMF, this past weekend. In other words, despite “America first” rhetoric and increasingly nationalistic economic policies, the United States […]