The uncertain but exciting future for banking

Provides an overview of the directions, including wrong turnings, in which European and global banking is heading. Based on the viewpoint of Howard Davies, the head of the UK regulatory body the Financial Services Authority, covers issues such as greater regulation, Internet services and erosion of margins. Concludes that this is an exciting time to be in banking and those who succeed will have learnt to cope with today’s speed of change and technology development.