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A comment on Why America will soon see a wave of bank mergers. Parent comment

Re:Why America will soon see a wave of bank mergers by 0x457 on Tuesday May 02, 2023 @02:25PM (#35792030)
> Banking is fundamentally broken. People want zero risk, demand deposits that pay interest. There’s no business model that can provide that.

Given that many people bank at gigantic banks that pay 0.00001% interest...I don't think that's true.

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Re:Why America will soon see a wave of bank mergers by WeylandYutani on Tuesday May 02, 2023 @03:07PM (#35792580)
Many people barely have savings so it doesn't really matter if interest is 1% or 6%.

Personally I judge banks on their app and IT reliability.

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