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Episode details

World Service,04 Oct 2017,17 mins

The New Bankers

Business Daily

Available for over a year

Will 'challenger' banks change the financial industry? Manuela Saragosa speaks to Tom Blomfield, the chief executive of UK-based Monzo, a new bank proving popular with millennials, while Ed Butler hears how a payment system set up by retail giant Alibaba is taking over one city in China. And a decade on from the financial crisis, former US Fed official Randy Kroszner explains why relaxing the regulations on the US banking sector might not be a bad idea, while Edelman's Deidre Campbell tells us what traditional banks need to do to regain trust among customers. (Photo: A Monzo card being used in a coffee shop, Credit: Monzo)

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