Banking on Change, Development Future of Financial Services

By @SimonCocking review of Banking on Change, The Development and Future of Financial Services. A collection of essays commissioned by The London Institute of Banking & Finance. Published by Wiley, hardcover and ebook, priced £35.00/ US$46.99 | ISBN: 9781119609988 . Available to buy here.

Banking on Change 

In this 140th Anniversary celebration book, The London Institute of Banking and Finance stick to their core function of educating us all, but especially aspirant bankers, on the role and concerns of (retail and commercial) banking in the UK. They have assembled a well-chosen group of practitioners from a range of professions to write clear and easily assimilable essays, no technical expertise required, on a wide variety of current banking issues. If you want to learn about the current practices and problems of UK retail banking, this book must be essential reading.

Banking on Change, The Development and Future of Financial Services reviewed

There are a lot of interesting chapters by a wide, interesting and authoritative range of authors. The selective of contributors works well with each of them bringing goo insights from their own particular area of expertise. It is always a challenge to predict what might be coming down the line in terms of future trends and evolutions in financial and banking services. In terms of value for the reader this comes from delving through these predictions and aiming to assess which ones are most likely to occur.

It is always hard to know for sure which ones will come to pass, but, for a book which aims to celebrate 150 years for the London  Institute of Banking and Finance, it is a useful collection of ideas to delve into.  Each chapter is long enough to go into more depth than a mere superficial analysis and there are a number of standout chapters including Dave Birch’s, Peter Allen, William Hahn and many more.

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The London Institute of Banking and Finance was established in 1879 as the Institute of Bankers, with a commitment to provide leadership on banking practice that was accessible to everyone working in the sector. The Institute quickly became central to the banking community in England and Wales and its influence spread around the world, evolving in line with the financial services and banking industries. Today, the LIBF has professional network of more than 20,000 members and alumni.

Dr Ouida Taaffe is the editor of Financial World, the magazine of The London Institute of Banking & Finance. She has been a trade journalist and editor for over 20 years, with a background in reporting on both financial services and technology.

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