The Banking Ecosystem: A New Conceptual Framework for Financial Institutions (Routledge Critical Studies in Finance and Stability)

Identifying the key challenges faced by modern banks in a dynamically changing economic, regulatory, technological, and social environment, this book proposes an original concept of the banking ecosystem. In this framework, a bank is not merely a service provider but a supportive and cooperative institution capable of effectively adapting to new market and societal realities.Authored by international experts, each chapter of the book elaborates on one of the key aspects of banking operations within the new paradigm.The book presents the situation in which financial institutions face three types of changes: economic, social and technological challenges.The first part of the book focuses on economic challenges, analysing capital market imperfections and their impact on financial stability.It also examines how globalization has influenced the structure of banking systems worldwide.The second part examines social challenges, including the financial sector’s responsibility in supporting sus