MANY OF US FEEL ANGRY about banks and bankers. But why publish a book when there are so many learned papers on bank reform freely available on the web? Answer: To combat white noise and cut to the chase. This little guide is intended as a short and easy companion for experts and laymen alike– in fact anyone who reckons that bank reform hasn’t gone nearly far enough. It explains what went wrong and what needs to change to rebuild the reputation of banks, bankers and, even more importantly, their regulators. Seven years since the start of the latest financial crisis, there is little sign that rule-makers have found the right tools to make banks serve society and their customers better. While some bankers are guilty of bad and even criminal behaviour, regulators are at least as responsible for failing to tackle the curse of modern banking: the culture of entitlement that has skewed many banks towards rewarding their directors and employees first, while putting their customers and shareholders second. Surely capitalism can do better.
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DAVID SHIRREFF has been reporting on finance since the early 1980s when he joined Euromoney. In 1987 he co-founded Risk magazine. From 2001 to 2014 he worked for The Economist in London, Frankfurt and Berlin reporting on business, finance and European monetary union. In 2004 he published Dealing with Financial Risk (Profile Books) and in 2009 wrote his first musical, Broke Britannia!, lampooning Britain’s efforts to solve its financial crisis. Two more followed: EuroCrash! (2011) – a hypothetical euro meltdown wrapped in a fairytale; and Barack and the Beanstalk (2013) – tomfoolery about the near-bankruptcy of America (all in collaboration with composer Russell Sarre). He has two sons and lives in London.
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Hardback. Condition: New. MANY OF US FEEL ANGRY about banks and bankers. But why publish a book when there are so many learned papers on bank reform freely available on the web? Answer: To combat white noise and cut to the chase. This little guide is intended as a short and easy companion for experts and laymen alike- in fact anyone who reckons that bank reform hasn't gone nearly far enough. It explains what went wrong and what needs to change to rebuild the reputation of banks, bankers and, even more importantly, their regulators. Seven years since the start of the latest financial crisis, there is little sign that rule-makers have found the right tools to make banks serve society and their customers better. While some bankers are guilty of bad and even criminal behaviour, regulators are at least as responsible for failing to tackle the curse of modern banking: the culture of entitlement that has skewed many banks towards rewarding their directors and employees first, while putting their customers and shareholders second. Surely capitalism can do better. Seller Inventory # 0075836
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Hardback. Condition: New. MANY OF US FEEL ANGRY about banks and bankers. But why publish a book when there are so many learned papers on bank reform freely available on the web? Answer: To combat white noise and cut to the chase.This little guide is intended as a short and easy companion for experts and laymen alike- in fact anyone who reckons that bank reform hasn't gone nearly far enough.It explains what went wrong and what needs to change to rebuild the reputation of banks, bankers and, even more importantly, their regulators. Seven years since the start of the latest financial crisis, there is little sign that rule-makers have found the right tools to make banks serve society and their customers better.While some bankers are guilty of bad and even criminal behaviour, regulators are at least as responsible for failing to tackle the curse of modern banking: the culture of entitlement that has skewed many banks towards rewarding their directors and employees first, while putting their customers and shareholders second.Surely capitalism can do better. Seller Inventory # LU-9780992980801
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