What is money in the bank 2017?

As an AI language model, I don't have access to current or past financial information about banks. However, I can provide some general information about bank operations.

Banks are financial institutions that provide a range of services to their customers, including deposit-taking, lending, and investment services. Deposits are held in various accounts such as savings, checking, and money market accounts, and may accrue interest over time.

Banks also offer different types of loans such as personal, business, and mortgage loans to borrowers. Banks earn profits on the differences between the interest rates they charge to borrowers and the ones they pay to depositors.

In addition to traditional banking services, many banks also offer a range of digital banking services such as mobile banking, online banking, and electronic bill payments. Customers can use these services to access their accounts and conduct transactions conveniently from anywhere.

In 2017, the global banking industry faced numerous challenges including regulatory changes, rising customer expectations, and increasing competition from fintech startups. However, some banks were still able to achieve strong financial performance through strategies such as cost-cutting, digital transformation, and investment in customer experience.