{"product_id":"stumbling-giants-4","title":"Stumbling Giants","description":"\u003cp\u003eWinner of the 2018 Donner Prize for the Best Public Policy Book by Canadian authors, \u003ci\u003eStumbling Giants\u003c\/i\u003e by Patricia Meredith and James L. Darroch presents a compelling new vision of the Canadian banking industry in which stakeholders work together to propel the country’s banking system into the twenty-first century. \u003c\/p\u003e \u003cp\u003eCanada’s big six banks survived the 2008 financial crisis by adhering to traditional banking practices, which made them a safe harbour amidst the turmoil. With banks earning 40 per cent return on equity from practices such as in-person retail banking, pressure from investors with short-term interests continues to discourage technological innovation and adaptation. \u003c\/p\u003e \u003cp\u003eHowever, today’s global information economy has transformed the financial lives of individuals and companies alike. Meredith and Darroch argue that Canadian banks refuse to address the disruptive info-tech changes that ultimately threaten their very existence. The authors also set forth a cohesive set of recommendations to prepare the nation’s banks for the challenges and opportunities offered by the digital age. \u003c\/p\u003e \u003cp\u003eThis call to action for the Canadian banking will resonate with financial sector managers, policy makers, and, above all, general readers. \u003c\/p\u003e","brand":"By Patricia Meredith and James L. Darroch","offers":[{"title":"Default Title","offer_id":55075362439548,"sku":"9781442620438","price":29.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0251\/4980\/0541\/files\/9781442620438_b7804461-0a99-493a-a569-8272d4b00cec.jpg?v=1743626476","url":"https:\/\/combined-academic.myshopify.com\/products\/stumbling-giants-4","provider":"Combined Academic Publishers - Mare Nostrum Group","version":"1.0","type":"link"}