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The financial crisis that started in 2007 activated a break with banking practices of the past. Even while the crisis took place, a broader set of financial, geopolitical, and technical pushes were already reshaping the financial industry's change from the twentieth to the 21st century. While these changes in the financial and global local climate have resulted in a significant overhaul of banking polices and increased scrutiny of banking companies, they have also exposed opportunities for the development of a banking sector fit for future years. A New Period in Bank: The Landscaping After the Struggle identifies the main individuals of change at the heart of this low cost transformation of the financial services industry. It examines the sophisticated challenge for financial institutions to de-risk business models, reconnect with customers, and procedure stakeholder value creation. Untangling the severe mutations that have taken place in the banking sector, A New Period in Bank, contextualizes these changes within bigger trends that stretch beyond the confines of the financial crisis. Banks are more vulnerable than ever to the crosscurrents of financial, demographic, regulatory, and technical change. However, by discussing how banking companies can operate as versatile, technology-enabled information businesses, A New Period in Bank advocates financial practices based mostly not only on success, but innovation.
