FOM

Who needs a Bank anymore? Millennials are asking just that!

BootstrapLabs recently spoke about the danger of Banks becoming irrelevant and shared its thoughts on Globalization, Disruption and the “Future of Money” with 10 Senior Executive from Swiss banks (i.e., BCV, Lombard Odier, Pictet, Julius Baer, NorInvest, Piguet Galland, etc.) during Swissnex ‘Future of Money” Tour. According to the Millennial Disruption Index, Banking is the most likely industry to be disrupted with 71% of Millennials saying they would rather go to the Dentist than listen to what Banks have to say.

Bottom Line: “Deliver Value or Die”; and here is another hint:“Seeking new products and chasing returns? Track the rise of new private startup portfolio managers on the new NASDAQ: it’s called AngelList!”

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