Banking on Change: The Development and Future of Financial Services [Hardcover]

PRAISE FOR

Banking on Change?

In this 140th Anniversary celebration book, The London Institute of Banking and Finance stick to their core function of educating us all, but especially aspirant bankers, on the role and concerns of (retail and commercial) banking in the UK. They have assembled a well-chosen group of practitioners from a range of professions to write clear and easily assimilable essays, no technical expertise required, on a wide variety of current banking issues. If you want to learn about the current practices and problems of UK retail banking, this book must be essential reading.

Charles Goodhart, emeritus professor of banking and finance at the London School of Economics

In this important book, a line from Bill Allen's contribution is key: 'Nobody can predict the ferocity of the gale of creative destruction' that faces the financial services sector. True; but if you read the many and varied contributions, you'll have a pretty good idea. Moreover, you'll understand how we (that is, bankers) got here  and what we should do to make the industry more competitive, fairer and more genuinely useful. It is a soup-to-nuts look at banking  from the early days of the Institute of Banking, through the go-go years of ifs, to a present and future that are likely to be dominated by technology. It is well-worth a long read.

Andrew Hilton, director, Centre for the Study of Financial Innovation

If you were to imagine what a book celebrating 140 years of financial knowledge might contain, you could not come up with a better selection than this. As well as a historic sweep  from no-tech to fintech, the decline of trust and the rise of competition  today's hot subjects are addressed, including sustainable investing, cultural diversity and digitalls9