How To Run A Bank 2010

How to run a bank

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What does the future hold for the international banking system?

As the dust begins to settle after the worst financial crisis in living memory it is time for the bank sector to start rebuilding again. But what form will this post crisis ‘brave new world’ take? The Banker’s second edition of How to Run a Bank has taken contributions from some of the world’s leading industry figures. Bankers, regulators, academics and economists have all contributed to a universal guide on how to run a bank in an entirely altered financial and regulatory landscape.

John Varley, chief executive of Barclays, says that contrary to some schools of thought banks are not ‘socially useless’, but the burden of proof is on them to establish that they are ‘socially useful’ by being engines of economic stabilisation and growth.

Standard Chartered Bank’s chief executive Peter Sands writes that the biggest beneficiaries of the crisis will be in Asia, with Asian capitals poised to take on the established international financial centres of Frankfurt, London and New York in the years to come.

Risk management lay at the heart of the crisis. With this is in mind, HSBC’s group head of risk strategy, Alan Smith, gives a blow by blow guide on how to avoid the errors of the past, while other senior risk specialists map out how risk managers need to change their ways. On the regulatory front, John Laker, the chairman of Australia’s regulator, the Australian Prudential and Regulatory Authority, explains how his country managed to avoid some of the pitfalls other developed countries fell into.

Robert Kelly, chief executive of BNY Mellon, writes that banking regulation needs a major overhaul and that risk, rather then size, needs to underpin the shape of any new regulatory framework. How to Run a Bank will also tackle the thorny issues of bankers’ bonuses, while also publishing a contribution from the chairman of the Organisation for Economic Co-operation and Development’s steering group on corporate governance, Marcello Bianchi, on forging a new governance framework.

For some, like Andrew Hilton, a former World Bank economist and director of the Centre for the Study of Financial Innovation, nothing profound appears to have changed as a result of the last 18 months and the world has wasted a good crisis.

With almost 40 contributions from specialists across the banking and finance spectrum, The Banker’s 136 page guide on How to Run a Bank in 2010 aims to tackle every aspect of international banking in time for a new decade. How will the securitisation market cope with a raft of new regulation and what will this mean for the industry? How will banks rebuild their shattered reputation in the public’s eyes, and what is the future for corporate and retail banks? Will the customer of the future simply go to the local supermarket, rather than a traditional branch, to do his or her banking? The Banker has attempted to leave no stone unturned in search of the best way to run a bank at this, a watershed time for the industry.

To order a copy or for more information please email thebanker@ft.com or call +44 (0) 207 775 6368/6847.

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How to run a bank – 2010

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