Future of banking: Fragile giants key to western hopes
The attractions of the fast-growing markets that seemed so promising after the financial crisis now look increasingly hard to sustain, write Patrick Jenkins, Simon Rabinovitch and Joe Leahy
An FT investigation into whether the global banking system and the regulatory regimes designed to protect the world from further shocks are any safer three years after the crisis broke

A high-level FT debate on the Vickers report has elicited divergent views from leading financiers
Debate of report on UK banking after series on the Future of banking
SocGen chief attempts to draw a line under the market’s bearish views of French lenders
An interview with the Société Générale chief
Potential impact expected on ‘big four’
Who are the leading figures in the post-crisis investment banking industry?
This interactive graphic charts the changing fortunes of 16 of the world’s leading banks since 2007.
The attractions of the fast-growing markets that seemed so promising after the financial crisis now look increasingly hard to sustain, write Patrick Jenkins, Simon Rabinovitch and Joe Leahy
Neither ringfencing nor the broader report deal with some of the most obvious issues arising from the crisis and the most patent risks within banking
The government took power with a mandate to tame a banking system turned monster. Full implementation should not wait until 2019, as has been proposed, but should be sooner
Prudence vigilantes will need to work hard to stop proposals to ringfence retail banking from dying the death of a thousand amendments

My guess is that ordinary citizens are not much impressed by bankers’ scare tactics. Senior officials are a softer touch, writes Philip Stephens
The Vickers report is aimed at safeguarding UK taxpayers against another bail-out but, say some in the industry, at a high cost to customers
The sector is leaning towards utilitarianism as it struggles to emerge from the second phase of a financial crisis that set in four years ago
The future of banking: Despite a succession of reforms, the industry remains deeply troubled three years after the fall of Lehman Brothers. To launch a series, FT reporters assess the regulators’ chances of strengthening the sector
Chief remains optimistic despite difficult start
An interview with UniCredit chief executive
First phase to save $5bn a year in costs
Banks face £7bn a year costs
Report to offer some flexibility for industry
Dimon urges Washington to consider Basel exit
Investors warn of effects on banking sector
Chancellor hails solution to ‘British dilemma’
Little global support for ringfencing
ICB insists its proposals are the best outcome
JPMorgan chief looks beyond market turmoil
Vickers’ report seen as ‘important’ first step
As with any fence, what matters is the boundary, writes George Mathewson
Reform to create strong new challenger in market
Prime minister grants sector time to change
Investment banks scale back capital-intensive activities
Sands says small businesses to bear banking costs
Barriers to increasing returns on assets have grown
Italian banking system could still face problems
Buy-out firms and hedge funds spot opportunity