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Thought leadership The leaders of nine of the world’s pre-eminent financial institutions discuss the challenges facing the global banking industry: restoring trust among policymakers and stakeholders; avoiding regulation that will hurt economies as well as banks; bringing compensation back into line; and making money in a radically changed world. Lloyd Blankfein, chairman and CEO, Goldman Sachs: How to safeguard the value of risk capital |
| Ken Lewis, chief executive and president, Bank of America: Global reach and capital remain king |
| Bob Diamond, president, Barclays: Banks must work with regulators to shape a prosperous future |
| Paul Calello, chief executive, Credit Suisse: We must apply the lessons of the crisis |
| Josef Ackermann, chairman of the management board, Deutsche Bank: Banking industry must regain trust |
| Stephen Hester, chief executive, RBS Group: Earning our way back to respect |
| Emilio Botín, president, Banco Santander: The basics don’t change |
| Mike Rees, chief executive of wholesale banking, Standard Chartered: The world has changed: so must banks |
| Dieter Rampl, chairman, UniCredit Group: Putting the teeth into corporate governance |
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There is an ancient Chinese proverb that I think rings true for the recent turmoil in our industry: "A crisis is an opportunity riding the dangerous wind."