Which banks after the crisis? From an unique business model towards a new banking plurality

The current financial crisis was not something unexpected, a «black swan», but rather an event caused by human action and inaction, and therefore predictable and avoidable. The analysis of the role of the financial system, regulation, business models and management systems leads to point out the distortions of the dominant model of large diversified and interconnected banks, and the need for a new «institutional pluralism», with different banks and diversified regulation. Re-evaluated by researchers and consultants, and encouraged by supervisory authorities