Future of banking after the credit crunch and sub-prime crisis. Meltdown of financial markets. Fire sale of banking assets after mark to market tests. Capital adequacy, bank solvency and capital injection with partial nationalisation. Global chaos in banking. Impact on banking profits from global economic chaos, recession and collapse in bank share prices. Retail banking, corporate banking, wholesale banking and investment banking will become profitable again. Video by keynote conference speaker Dr Patrick Dixon . The banking crisis will lead to further consolidation, cuts in retail outlets and staff redundancies. This will remove competition from the market and allow greater profit margins over things like commercial loans and mortgages or current account bank charges. Coupled with cost-savings, this will result in healthy profits in future. Banking share prices are in turn likely to show recovery, which could also mean that the end cost of expensive government rescue packages may be less than ...
