They need to learn to work in a partnership to finance sustainable business. Success is not about financing seemingly safe large corporates by following the herd in a “me too” manner. It is about changing mindsets, looking at untreaded paths, putting the customer above all and tapping the power of technology.
Areas of the shadow banking sector which had contributed to the financial crisis are currently dwindling in importance – securitisation, to name but one. That holds true not only for Germany but worldwide, too. But at the same time, there are other areas of the shadow banking sector which are coming to the fore. Mutual funds are just one example.