In a recent Bloomberg column, a startling revelation emerged:
Financial institutions now generate a staggering 90% of their new
revenue from asset price increases, rather than from attracting
fresh clients. The truth is becoming clear – most financial
institutions are heavily reliant on the significant 10% of their
clients for a whopping 90% of their revenue.
Join us this week on "Truth or Skepticism" for an exclusive inside
look into how the finance industry is undergoing a profound
transformation, breaking away from traditional norms. Discover the
seismic shifts that are redefining the landscape of finance
About the Podcast
Tom Sosnoff and Dylan Ratigan reunite for a weekly podcast, ranting on everything from sports and investing to politics and monetary policy.