People, in general, have a love-hate relationship with Banking – they love to hate their banks and the obscene riches of their bankers!
Often, they also hate to admit the critical role that banking plays in their individual lives as well as in powering the global economy.
Of course, the banks have not exactly covered themselves in glory with their psychopathic (almost, criminal), greedy, behaviour over the centuries and the many crises they have precipitated.
At a purely philosophical level, I find it difficult to accept that a wheat futures trader makes much more money than a wheat farmer, without ever touching a grain of wheat!
And, I am in an august company as far as this sentiment is concerned!
“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
– Thomas Jefferson
Having said that, nobody can deny the critical role that banks play in the global economy.
Banking is also fascinating from a technology perspective – historically, they were one of the early adopters of technological innovations.
Personally speaking, I have worked in the fintech industry for over a decade.
Over the decade, I handled many across – consumer, investment, and private banking areas.
My clients were spread across North America, South America, Europe, and Asia.
This experience gave me a deeper understanding of banking and technology.
That is why I decided to start writing about these two topics!
The Banking page on reetesh.com is a collection of my original articles, opinions, views & news.
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