Screen LibraryStumbling giants : transforming Canada's banks for the information age /
Canada's big six banks weathered the 2008 financial crisis very well. Their adherence to tried and tested twentieth-century products and services made them a safe harbour in the financial storm. However, as the modern global information economy continues to develop, the banks must confront thei...
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| Published: |
University of Toronto Press,
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| Publisher Address: | Toronto : |
| Publication Dates: | [2017] |
| Literature type: | Book |
| Language: | English |
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| Summary: |
Canada's big six banks weathered the 2008 financial crisis very well. Their adherence to tried and tested twentieth-century products and services made them a safe harbour in the financial storm. However, as the modern global information economy continues to develop, the banks must confront their innovation crisis, or they will fail. In Stumbling Giants, Patricia Meredith and James L. Darroch embark on an audacious and startling examination of Canada's big banks. With banks earning forty percent return on equity from traditional retail banking, pressure from investors with short term interest |
| Carrier Form: | xiv, 236 pages : illustrations ; 23 cm |
| Bibliography: | Includes bibliographical references (pages [225]-226) and index. |
| ISBN: |
9781442649514 1442649518 |
| Index Number: | HG2704 |
| CLC: | F837.112 |
| Call Number: | F837.112/M559 |
| Contents: | The banks lose their way -- From branches to smartphones -- Innovation in the mortgage market -- Small and mid-sized business blues -- Where are the customer's yachts -- Canada trails the Third World -- Long live the branch -- A banking system for the 21st century. |