This survey paper considers the 'special' nature of financial services and traces the roots of the reputational risk that firms in the industry invariably encounter. It defines what reputational risk is and outlines the types of reputational risk facing financial services firms. It considers the...

The financial services industry is ?special? in a variety of ways, including the fiduciary nature of the business, its role at the center of the payments and capital allocation process with all its static and dynamic implications for economic performance, and the systemic nature of problems that...

The financial services industry is "special" in a variety of ways, including the fiduciary nature of the business, its role at the center of the payments and capital allocation process with all its static and dynamic implications for economic performance, and the systemic nature of problems that...

The financial services industry is "special" in a variety of ways, including the fiduciary nature of the business, its role at the center of the payments and capital allocation process with all its static and dynamic implications for economic performance, and the systemic nature of problems that...

Consolidation has been a fact of life in the wholesale financial services sector, resulting in fundamental change in the financial architecture and public exposure to systemic risk. The underlying drivers include advances in transactions and information technologies, regulatory changes,...

This paper considers the generic processes and linkages that comprise financial intermediation - the basic 'financial hydraulics' that ultimately drive efficiency and innovation in the financial system and its impact on real-sector resource allocation and economic growth.(...)