The last sentence is a pithy summary of the state of the banking industry. Having worked with the banking industry for over two decades, the banking industry i

The last sentence is a pithy summary of the state of the banking industry. Having worked with the banking industry for over two decades, the banking industry is capable of a lot. They have infinite capital and they hire some of the best people on the planet. Fundamentally Banking is risk-averse conservative culture. Their primary focus is "good enough for most people" then don't break it. Absent government regulations from a major catastrophe or an existential competitive threat, they will not change.