In the 21st Century, banks have, through injudicious actions, seriously damaged their image for Trustworthiness with their customers.This paper discusses how modern cryptography may be employed to help restore trust in banking, at the same time making banking more secure, private and...

The concept of a Central Bank Digital Currency (CBDC) is an innovation whose time appears to have come. Many Central Banks (CBs) are considering whether or not to develop such a ‘digital currency’ and, if so, how precisely to best implement systems and processes to manage such an innovation....

In February 2002, the banking industry and its regulators were shaken by the revelation by the Allied Irish Bank (AIB) that a trader at one of its subsidiaries, Allfirst Bank, had incurred financial losses of almost $700 million. Similarities between Allfirst and the sudden collapse of Barings...

This paper argues that the Covid-19 Pandemic is not merely a Health issue, but a much wider, highly complex, very dangerous phenomenon that requires a multi-disciplinary approach to tackle and needs taking a ‘big picture’ perspective, here using a ‘Systems Thinking’ approach.First, the...

The sudden collapse of Barings Bank in February 1995 was unexpected, shocking the bank's management, regulatory authorities and the international banking industry. However, should the failure have come as such a surprise? As the formal inquiry into the events surrounding the collapse found, the...

In late 2012, two of the world's Systemically Important Banks (SIBs), Barclays and Deutsche Bank, announced new Corporate Strategies at almost the same time. These announcements provide a rare opportunity in business research to study the development and execution of ‘strategy' over time as...

2017 was a see-saw year for the largest banks in Australia. On one hand, the major banks, the so-called Four Pillars, yet again reported record annual profits. However, at the end of the year, following a string of banking scandals, the Australian government announced a fullscale Royal...