Big Banks Scrambled To Jump On R3, Will They Scramble To Get Out Now?

Big Banks Scrambled To Jump On R3, Will They Scramble To Get Out Now?

What a week for the R3 consortia, with Goldman Sachs and Santander moving on. But is this beginning of a trend, and is everything alright as banks become aware of the potential value being created, or does impending doom await as they scramble to patent what they can for themselves? Capitalist, protectionist agenda of banks. Lets face it, banks don’t play nicely in the playground. It may be because at their heart is a rampant capitalist, protectionist agenda with a company mission above every office door that reads: “Whatever happens, the bank is more important than anything, any customer....


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