LLOY8 Jan 2019 12:29
The main thrust of my research is looking into how innovative payments systems will undermine the legacy banks, and if and when the government may intervene and restrict these new payment systems. With 5G on the horizon, and the emergence of the small start ups, coupled with the likes of Facebook, Amazon, Ebay etc, this is going to radically confuse banking (especially payments). I don't think LLOY is as well prepared as, say, Barclays. The mortgage business looks stable for the time being.