A bank can use the blockchain internally to make it's processes much cheaper. And it has the consumer trust and insurance that people want that their money/btcs/ctcs are safe no matter what.
That's a joke right??
Wow I consider myself pretty young but you can really tell when someone is young on this forum, consumer trust in a bank. Yeah lets just pretend the whole bank bailout didn't happen and occupy wallstreet was just a small tussle.
That was an abstract concept to many people in first world economies. I wonder whether they even linked recession to it.
Eventually something similar may come along and chew their arse off, but until then as long as money arrives in their account and they can spend it, that's about as far as most get when it comes to conceiving finance.