I believe the banking giants have been already in the game long time but criticizing bitcoin publicly.
Source:
https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/Normally I would ignore such price projections for Bitcoins, because in most cases they are made without any logic. But in this case, I read the article and it seems that Thomas Fitzpatrick has done his homework regarding Bitcoin. His reasoning is solid and he didn't produced a random number out of the air. He came up with that figure after a lot of research and careful study.
BTW, what can this mean? The MD of one of the largest banks being bullish about Bitcoin. Can we expect the banking giants to enter the cryptocurrency sector after PayPal?
PayPal was more open about it. Hopefully after the grand success of Bitcoin adoption by PayPal, some of the major banks, as well as the online retailing giants may consider integrating Bitcoin to their platform. Anyway, now Bitcon has reached such a stage that it no longer need the support of these giants. It can survive on its own. The situation has been reversed. So in case banking giants want to venture in to innovative fields, then they can consider Bitcoin. Now they need Bitcoin more than BTC needs them.