Finally reading this McKinsey thing.

Sadly, there are NO PICTURES OR GRAPHS.

I will highlight my favorite consultant-speak sentences for your enjoyment.

mckinsey.com/industries/fin… 1. "Until recently, big banks drove profits and growth by applying synergies, economies of scale, and access to huge pools of capital."

Ah yes, all the things consultants love - "synergies," "economies of scale," and "pools of capital."

A real classic of the genre.

Quick hot takes on Goldman's quarterly earnings from someone who used to work there!

Yes, blow out revenue & earnings -- driven by investment banking and trading.... 1/x I'm really just here for the Consumer & Wealth Management division though (fka Consumer & Commercial Banking Division, which itself was a bit of a remix of parts of Merchant Banking Div, Investment Management Div & retail initiative Marcus...)

Giving @Plaid's 2nd annual Fintech Effect report a read.

Tweeting interesting bits. Will try to be kind (I know how hard putting together this kind of corporate-sponsored research is!)

If you don't want my hot takes, read it yourself here: plaid.com/the-fintech-ef… "Between 2020 and 2021, the proportion of U.S. consumers using fintech grew from 58% to 88% – a 52% year-over-year increase"

Never know what to make of stats like this?

Is there a 'fintech store' these consumers went to? Does using @Chase's bank app count?