Global management consulting firm, McKinsey & Company, recently published a [report](http://www.mckinsey.com/industries/financial-services/our-insights/capital-markets-and-investment-banking-2016-time-for-tough-choices-and-bold-actions) outlining strategies that could help the capital markets and investment banking (CMIB) industry. “Time for Tough Choices And Bold Actions” defines the industry’s ailments and proposes initiatives that banks could implement, including the adoption of blockchain technology.