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The Art of Better Retail Banking
Book

The Art of Better Retail Banking

Supportable Predictions on the Future of Retail Banking

Wiley, 2005 更多详情


Editorial Rating

7

Qualities

  • Comprehensive
  • Analytical

Recommendation

What could be unique about a bank? After all, every bank offers various loans and accounts. In this tome for bankers, banking experts Hugh Croxford, Frank Abramson and Alex Jablonowski contend that banks have made a mistake by becoming too much alike, offering indistinguishable products and services. They argue that bankers should innovate and create solutions that simplify their clients’ lives. This UK-oriented study is intriguing to a point, but it would have benefited from more specific case studies of successes and failures. This book predates the banking meltdown, so events have overtaken a few of its suggestions. Still, getAbstract recommends it to bankers who seek a critical, customer-oriented view of their industry.

Take-Aways

  • Banking consists of three disciplines: science, engineering and art.
  • Mathematicians, economists, lawyers, actuaries and tax experts dictate the science, which is largely set in stone.
  • The engineering encompasses back-office processes, which have become much more efficient in recent years as technology has improved.

About the Authors

Following a career in banking, Hugh Croxford now consults for banks and IT companies. Frank Abramson is CEO of the Relationship Consulting Group and a director at Intramezzo, Verdandi and M-I-G. Alex Jablonowski was CEO of a London-based bank and a managing director at Barclays.


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