It is time to rethink the structure of the financial services industry. Once interest rates rise - and bank profits sink accordingly - the risks of perpetuating on outmoded financial system will become patently obvious.

The two prevailing models for industry restructuring fall under either the "core bank" or "depository institution holding company" label.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.