> Startups are reinventing the business of retail banking. Sorry but this is complete bullshit. Both cooperative banks and public savings banks are both bigger

> Startups are reinventing the business of retail banking. Sorry but this is complete bullshit. Both cooperative banks and public savings banks are both bigger in retail than the private banks. Then you still have some special banks like the federal KfW that offers cheap loans for things the government wants to promote. The whole article actually only concentrates on the private banks and ignores the existence of public and cooperative banks that had significantly less problems in the crisis. https://en.wikipedia.org/wiki/Banking_in_Germany#Market_overview https://en.wikipedia.org/wiki/Banking_in_Germany#Market_over...