# In an op-ed, Prof. Roy Smith predicts the increasing importance of smaller banks

1 Faculty News May 19, 2014 ![Financial News logo ](/sites/default/files/styles/246w/public/assets/images/con_030513.jpg?itok=TpE2KEls)>

Excerpt from [Financial News](http://www.efinancialnews.com/story/2014-05-19/future-of-banking-belongs-to-smaller-players?mod=rss-peoplemod=rss-people&ea9c8a2de0ee111045601ab04d673622) -- "Markets will continue to grow. But the key players in it, as they always have, will change. Big, systemically important banks will have their role to play, but a universe of smaller, less-regulated, non-systemic non-banks will be the source of much of the innovation and energy that sustain the markets."
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