This book examines the response of financial regulators to the problem of banks being 'too big to fail'. David Howarth and Scott James explore the politics of bank structural reform across six key jurisdictions, and propose a novel framework for analysing the influence of financial industry influence.
The financial crisis of 2008 shook the world. In its aftermath, political attempts to reshape financial institutions shook the big banks. Bank Politics articulates a forceful argument about the importance of bank lobbying and institutional channels for politicization in determining whether these structural reforms survived and whether they retained their bite. This book is sure to become a central reference for the burgeoning literature on the politics of banking and finance.