UniCredit CEO Andrea Orcel has expressed his belief that the banking sector will see a reduction in the number of banks by 2030. Bloomberg posted on X that Orcel anticipates a consolidation within the industry, with some banks disappearing entirely. This prediction reflects ongoing trends in the financial sector, where mergers and acquisitions are becoming more common as institutions seek to enhance efficiency and competitiveness. Orcel's comments highlight the challenges and transformations facing banks in the coming years.