Who Wins When Banks Merge?

Half of all US banks could be gone in the next decade. 🤯 That's Joe Mancini's prediction - and he would know. He's been through three bank M&A deals, most recently as COO at BankProv when it was acquired by Needham Bank.

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I've been talking about bank M&A a lot lately because it affects everyone, not just bankers. We all need a bank to function in the world - to get paid, rent an apartment, receive welfare etc. So what happens when banks start disappearing?

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Joe and I got into ALL of it on this episode:

• Why $10.1 billion is the worst size for a bank to be
• How Needham Bank integrated BankProv over a single weekend
• The embedded finance future and who's going to win
• Whether branches will exist in 15 years
• How banks might use your data to offer you loans before you ask
• Why the talent crisis is accelerating everything

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Listen now on Spotify and Apple Podcasts!