Big Tech and Financial Industry with Dr. Ole Rummel

During the Corona pandemic several economies have been negatively affected, meanwhile big tech companies have been making an even bigger profit with the growing online market. Is it possible that big tech companies take over the financial industry?
Would we see complete banks belonging to such big tech companies in the future?
In part two of this threefold episode our guest shares with us his views on the future of banks and if they would differ from the banks we’ve had for 800 years.

About Our Guest Dr. Ole Rummel

Doctor Ole Rummel is the Director of Macroeconomic Monetary Policy Management at The SEACEN Centre in Kuala Lumpur, Malaysia. He was working for the Bank of England, for nearly 20 years, establishing and lecturing on training courses in London and around the world. He worked for the European Investment Bank and he held a management position at Societe General, a leading French bank. After his Abitur at the Gymnasium in Bavaria, he took A levels in Eton, a move not quite so common in the 80s, of the last century. He earned academic degrees from Cornell University, Stanford University, the University of Glasgow, and the University of Strathclyde.