Following an executive round table with many of the leading German banks the discussion turned to why tackling poor cost income ratios needs to be top of the agenda.
In this video of the event Balazs Fejes, Executive Vice President at EPAM explains why banks should move swiftly from top management-down to transform their organizations.
His key point is simple but direct: FinTech's may not have eaten banks' lunch yet but they are hungry and can sense their opportunity.
Watch his interview below.