World’s best bank at adapting to the regulatory environment 2016: Lloyds Banking Group

Lloyds has reached a milestone in its bid to transform itself into a lean and simple financial institution, well-suited to the post-crisis regulatory climate.

Awards for Excellence 2016

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 Also shortlisted: UBS

View full 2016 results

 The post-crisis overhaul of the banking industry has affected every aspect of lenders’ balance-sheet management, risk controls and business models. In some cases, regulators and supervisors have, either through edict or moral pressure, forced bankers to allocate capital to favoured markets and clients while micro-managing lenders’ assets and liabilities. What unites the various regulatory initiatives over the past seven years is the attempt to simplify business models in order to reduce perceived systemic risk.

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