The banking industry hasn't been this interesting since the global financial crisis.

Back then we were all talking about banks collapsing. It ended in a costly taxpayer guarantee and wasn't much fun.

No one's going broke in the current storm of news. But the winds of change are blowing, from multiple directions.


There are layers of disruption, overlapping and interacting in ways that make even the media industry seem relatively staid.

Where to start?

The big story in the spotlight this week was the unusual departure of David Hisco, the chief of New Zealand's largest bank, ANZ.

In terms