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THE FUTURE OF FINANCE: A NEW MODEL FOR BANKING AND INVESTMENT
New banking and investment business models to navigate the post-financial crisis environment The financial crisis of 2007-2008 has discredited business models in the banking and fund management industries. In The Future of Finance, Moorad Choudhry and Gino Landuyt argue that banks must realign their business models, implying a lower return-on-equity; diversifying their funding sources; and increasing liquidity reserves. On the investment side, the authors discuss how diversification did not reduce risk, but rather amplified it, and failed to stabilize returns.
10009963 | 332.1 CHO f | RLC MM (Rak Buku Umum) | Available |
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