Special focus: The future of banking

CEO Roundtable
After the meltdown: Top bank CEOs explain their hopes and fears
The chief executives of 11 of the world’s biggest banks discuss the lessons they have learnt from the global financial crisis, their concerns over a regulatory backlash, and how they plan to rebuild profitability in the toughest markets in history.

The participants:

• Vikram Pandit, Citi
• Alfredo Sáenz, Santander
• Michel Tilmant, ING
• Josef Ackermann, Deutsche Bank
• Georges Pauget, Crédit Agricole
• Frédéric Oudea, Société Générale
• Herman Verwilst, Fortis
• Rick Waugh, Scotiabank
• Terunobu Maeda, Mizuho
• Teisuke Kitayama, SMFG
• Nobuo Kuroyanagi, MUFG

The future of banking
Why banks need to shape up or sell off
Before the September crisis, many banks were looking to sell non-core assets to raise capital. Now, safety in size means mergers are the order of the day. But when the market settles, will investors demand that banks concentrate on what they are good at to maximise returns?

Credit markets
Why litigation is the next crisis facing the banking industry
Lawyers around the world are readying lawsuits to file against banks that sold toxic products to investors. Which types of deals are likely to be the subject of the biggest payouts? And how will banks pay for them?

Securitization
Can ABS survive the regulators?
Global regulators are poised to introduce new rules to clamp down on the securitization industry’s worst excesses. But in doing so they could kill it off for good.