The financial crisis that began in 2007 triggered a break with banking practices of the past. Even as the crisis occurred, a broader set of economic, geopolitical, and technological forces were already reshaping the financial industry's transition from the twentieth to the twenty-first century....

Analyzing the attitude of the City of London towards the euro can seem a bit strange today, at a time when Great Britain has still not joined the eurozone and even tries to organize a referendum about Britain's EU membership. One should not forget that in January 2013 Prime Minister David...