1.5 Week 1 round-up
During this week you have explored the origins of banking and other financial services in the UK, tracked their development up to the modern day and examined the key turning points that have shaped the industry and how it operates.
You looked closely at the financial crisis of 2007/08, as this has radically affected the financial services industry, the way it is regulated and the public’s perception of financial institutions and those who run them. The crisis has also affected the relationship between the sector and the government, which finds itself, for the time being at least, to be a major shareholder in banks.
In Week 2 you will look at the financial services industry today, the challenges it faces and the latest changes to the ways business in the sector is conducted.
You can now go to Week 2: Post-crisis: new players, new issues, new rules.