Banks at Risk: Global Best Practices in an Age of Turbulence

In the wake of the great financial crisis of 2008 the practices of the entire global financial services industry came into question, leading to close scrutiny from all parts of society—the government, the media, and the man on the street. Everyone is re-thinking the best way forward for the financial sector. The stakes are high: should trends in the industry continue and financial innovations allow fallout in the next crisis to grow exponentially, the endgame could be the sort of mutually assured destruction that topples entire economies. Charting the way forward in financial services reform requires a fundamental reappraisal of how things are done in order to avert disaster in the near future.

Banks at Risk complies the insights of 10 key figures in the financial services industry—regulators, commercial bankers, risk managers and infrastructure specialists—who look at both strategic and operational issues in their assessment of cleansing the rot from the financial services industry in order to move to a better system of properly-managed risk. These influential individuals possess a valuable storehouse of global knowledge, and their insights into what the financial services industry needs to do to avoid the mistakes of the past are instrumental in building a sustainable future.