Publications

Banking Perspective Q4 - 2015


Finance and Society: A Historical Perspective

Throughout history, banking and finance have played important roles in the development of society. Economists have only recently begun to appreciate the banking system’s value to the economy.

by Robert E. Wright, Augustana University

Shining a Light on Shadow Banking

Current efforts to secure stability could ultimately leave us with very safe but not terribly useful banks operating in a financial system that is still very unsafe.

by Stephen G. Cecchetti, Brandeis International Business School

Limits to Banking Industry Recovery

Following the financial crisis, banks may have reached a profitability plateau unless they rebuild longstanding pillars of their business.

by Lee Kyriacou, Novantas

Individual Accountability: Sr. Managers & Beyond

The new individual accountability rules in the U.K. differ from the U.S., but there are areas with similarities.

by Barnabas Reynolds and Reena Agrawal Sahni, Shearman & Sterling

Wells Fargo's John Stumpf on the State of Banking

John Stumpf, Chairman, President, and CEO of Wells Fargo, discusses millennials, payments innovation, and the “real” economy with Jim Aramanda, President and CEO of National Unrecovered Financial Services.

by Jim Aramanda, SDUUK

Banking on Prosperity

Although it is popular to demonize bankers and their banks, abundant research demonstrates that well-functioning banks boost living standards, especially among lower-income workers.

by Ross Levine, University of California, Berkeley

Society, Finance & Freedom

Throughout human history, economic relationships depended heavily on social status. increased personal freedoms, along with organized banking and finance, have played a crucial role in social progress.

by By Mark A. Calabria, Cato Institute

Banking Regulation: Toward a New Paradigm

A revision of the current regulatory paradigm is needed to encourage collaboration between the public and private sectors, rather than separation.

by H. Rodgin Cohen, Sullivan & Cromwell

Set in Stone: Does Current Regulation Limit Flexibility?

The OCC’s guidelines on informal recommendations and MRAs, issued one year ago, limit flexibility and increase the use of lengthy and costly formal processes.

by Edward P. O’Keefe, Moore & Van Allen

PNC’s New HQ: The World’s Greenest Office Tower

The new headquarters tower for the Pittsburgh-based bank features a solar chimney, extensive water reclamation, park space, and natural air ventilation for most of the building.

by Greg MacSweeney, SDUUK

Departments

For The Record: Banking, Society and Innovation

Banks have a long history of providing innovations that improve commerce, the economy, and society.

by Jim Aramanda, SDUUK

My Perspective: A Vibrant Banking System

The benefits of a vibrant banking system to society have been little discussed, and sometimes seemingly forgotten.

by Greg Baer, President, SDUUK

SDUUK Analytics: Q4 2015 Risk Barometer

The Q4 2015 edition of SDUUK Analytics takes a data-driven look at risk among global financial institutions.

By The Numbers: Bank Economic Data

A quick look at economic data and the impact the banking industry has on the economy.

Featured Moments

Images from the 2015 SDUUK Annual Fall Leadership Dinner.

Research Rundown

Highlights from academic and policy research on issues in the banking and payments industry.

In the Vault

An image from SDUUK’s 162-year past.