Includes bibliographical references (p. 137-142).

Introduction; 1.Banking in a market economy -- the international agenda; 2.Where the G20 process went right and wrong; 3.Risk in financial institutions -- Is it managed?; 4.The impact of regulation on remuneration; 5.A client's view; 6.Megatrends shaping the corporate banking landscape -- a European outlook; 7.In defence of the indefensible: financial innovation and complex financial instruments; 8.Reputation in financial markets; 9.Nostra culpa

These are tumultuous times for the banking industry in Europe. The financial crisis that erupted in 2008 has rarely been out of the headlines since. Yet this has not been solely a period of crisis management. It has also been a time of positive change and reform, involving self-examination by the banks; tough scrutiny by governments, regulators and the public; and a general determination to ensure that this crisis never happens again. This book seeks to explain what has been going on...