There’s a battle for branch expansion among banks in the U.S. today. Both J.P. Morgan and Bank of America, for example, have been duking it out to open a total of 180 new branches across the country this year alone as well as “modernizing” existing branches. This battle is completely misguided. It’s analogous to being […]
The post Retail Branches Pose an Existential Threat to Banks appeared first on Wealthfront Blog.