As long as you don´t own the private keys to your wallet you actually don´t own any of your coins! That being said you might like to take a look at KYC regulations and the fact that banks will hold your keys to keep the ultimate control over your funds again after all. That´d be the exact opposite of decentralization once again...
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I know the Dutch KYC by hand, since I studied Financial Law here. I think that, if banks want to keep the private keys in store, traders will walk away from these platforms. More and more decentralized exchanges are coming to the market, thus enabling decentralization with trading. That being said, I completely agree with your statement that banks would centralize the economy, something we should not be willing te accept.