In turn, there may be a negative feedback from a possible economic slowdown on the financial markets. A worsening in the credit cycle in the US cannot be ruled out. BIS Review 13/2008  1  II  Weaknesses in the originate-to-distribute model  After this short snapshot of the current situation let me now come a bit closer to the originateand-distribute model.
Changing banking and consumer landscape The shift to digitally-enabled services within the retail banks is already profound and is accelerating, including due to the behavioural changes arising from the pandemic. As we look to the future of the retail banking sector, we see a rapidly changing landscape.