EUROPEAN
BANKING'S
GREAT DIGITAL
EXPERIMENT

Inside European banking’s great digital experiment

Inside European banking’s great digital experiment

By DOMINIC O’NEILL

Bank chief executives in Europe are increasingly obsessed with their new or rebooted digital arms. These businesses promise to fend off new competitors and capture a next generation of clients, while piloting front- and back-office innovations. They could even offer the best chance of expanding in the eurozone, making banking union a reality. But will these investments merely play into the hands of the new rivals and hasten the banks’ decline?