“Relationship banking” may not be dead yet, but it does have one foot in the grave and the other perilously close to a banana peel.
That was the take, anyway, from longtime ship finance man Morten Arntzen in his appearance on an alternative-finance panel at the annual Marine Money conference in New York.
“Relationship banking is dying,” said Arntzen, himself a former merchant banker at Chase Manhattan Bank and American Marine Advisors, and now representing Australian lender Macquarie.
