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Union Bank's MD and CEO Rajkiran Rai G Rai said digital lending is changing the banking landscape in a big way because of the availability of data and many ecosystem partners collaborating with banks.

Where they are now so long as economic data is consistent with the current outlook. he talked about the fact that the outlook remains favorable. he said that he expects the u.s. will see sustained economic reaction and he pushed back on using negative interest rates, something that president trump earlier this week had called for. you mentioned that development, google get being into banking. it's the latest example of big tech getting into that banking space. we've seen it with apple and facebook to some extent. google looking to get into the current account state. bit of a bold move. what's ...

Is how politically motivated will this decision be given the comments the market has essentially backed the fed against the wall here and they're demanding these rate cuts. big meeting coming out of tomorrow. another story we're looking at in another story we're looking at the in the banking space is the capital one bank said they had a data breach that compromised the information of up to 100 million customers. 140 million social security numbers, 1 million canadian social insurance numbers were compromised. one person has been arrested in connection to that and the bank estimates it will cos...

They will have to diverse some of their branchs to try and become more competitive within the european or the london uk banking space. and as such, i think we've sort of seen a really good push higher, a -- what's the word i'm looking for? i think the city is fairly relaxed about them. i think they could have been a lot worse. >> let's move on to the markets. a bit of marking time right now. always seen, perhaps, the possibility of a little bit more of a rally once we get into the earnings season. we see how companies are doing. >> i think with respect to the earnings season, i think the outlo...