num_pages: 224
description: 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. The authors conclude that the clear lesson from the crisis is to know one's risk. A lesson that is best served by concentrating on assets and sectors that you understand. Filled with in-depth insights and practical advice The Future of Finance will provide bankers and investment managers with a guide to realigning their businesses in order to prosper in the post-crisis financial markets.
language: English
title: The Future of Finance: A New Model for Banking and Investment
publisher: Wiley