The old banking model is being destroyed. FinTech is about 15 years old and making more progress each day. While on one hand this has made the finance world more profitable, it does put many entities at risk.
One of the biggest concerns they should have is blockchain. This is going to each the banksters lunch. We are going to see billions of people added to this tech in the next 10 years, many of them just entering the banking world. Of course, they will never open an account at a traditional bank. Instead, they will be on the blockchain banking via that. This the banksters cannot stop.
Plus, each person who has crypto, that is less wealth held in foat which means no need for banks....
The Internet is coming to money and it tends to eat up the established firms that get in its way.
No one was ever able to stop innovation and it´s not going to be different this time. We´ll see great things happen with ways more functionalities and comfort being added to the way we handle money :)
I think that at this summit they will make a collective push to fight against progress. Of course we all know what happens when you fight progress.