Banking With Integrity: The Winners Of The Financial Crisis? (humanism In Business Series)

Banking With Integrity Provides Rich And In-depth Case Studies Of Banks Which Were Doing Well During The Financial Crisis Of 2007-2010. While Other Banks Went Bankrupt, Were Nationalized, Or Struggled For Survival Some Of The Featured Cases Increased Market Share, Attracted More Customers And Avoided Home Evictions Of Their Clients. Edited By Heiko Spitzeck, Michael Pirson, Claus Dierksmeier. Introduction / Heiko Spitzeck, Michael Pirson, And Claus Dierksmeier -- Abn Amro Real -- A New Bank For A New Society / Patricia Palacios And Michael Pirson -- Banca Popolare Etica / Antonino Vaccaro -- Banca Prossima / Alessandra Dal Colle And Marco Morganti -- Branch Banking And Trust: Community Banking Based On Core Values -- Can It Survive? / Stephanie A. Snyder And Jennifer J. Griffin -- Cei Capital Management Llc / Fiona S. Wilson, James E. Post, And F. Robert Wilson -- Cooperative Bank Of Chania / Theodoros A. Katerinakis -- Gls Bank: Successfully Sustainable / Eva Schneeweiss -- Industrial Credit And Investment Corporation Of India (icici) Bank: The Emergent Bank Of The Emerging Economies / Radha R. Sharma And Philip Abraham -- People's United Bank / Anuj Gangahar -- Shorebank Corporation: Let's Change The World / Fiona S. Wilson And James E. Post -- Triodos Bank -- Mission-driven Success Pays Off: From Dutch Enfant Terrible To European Business Leader / Frank Jan De Graaf -- Wainwright Bank And Trust Case Study -- Humanistic Management In Practice / Christine Arena -- Investment Banks That Prospered / Anuj Gangahar -- Conclusion: Living Alternatives -- Banking With Integrity / Heiko Spitzeck, Michael Pirson, And Claus Dierksmeier. Edited By Heiko Spitzeck, Michael Pirson And Claus Dierksmeier. Includes Bibliographical References And Index. Banking with Integrity provides rich and in-depth case studies of banks which were doing well during the financial crisis of 2007-2010. While other banks went bankrupt, were nationalized, or struggled for survival some of the featured cases increased market share, attracted more customers and avoided home evictions of their clients. Banking with Integrity tells the stories of banks which were doing well during the financial crisis of 2007-2010. While other banks went bankrupt, were nationalized, or struggled for survival, some of our featured cases increased their market share, attracted more customers and avoided home evictions of their clients. By looking at the healthier population of financial service firms we explore what in their management approach made these banks 'immune' to the financial crisis. We find that these banks had stronger ties with the society around them contributing both to financial as well as human development. By staying close to clients and stakeholders, involving them in corporate governance mechanisms and exercising strict risk management practices, most of our cases avoided the negative consequences which other banks experienced. Adopting some of the lessons from these banks might serve as a 'vaccine' to avoid the impacts of any future financial turmoil Content: Introduction / Heiko Spitzeck, Michael Pirson, and Claus Dierksmeier -- ABN AMRO REAL -- a new bank for a new society / Patricia Palacios and Michael Pirson -- Banca Popolare Etica / Antonino Vaccaro -- Banca Prossima / Alessandra Dal Colle and Marco Morganti -- Branch banking and trust: community banking based on core values -- can it survive? / Stephanie A. Snyder and Jennifer J. Griffin -- CEI Capital Management LLC / Fiona S. Wilson, James E. Post, and F. Robert Wilson -- Cooperative Bank of Chania / Theodoros A. Katerinakis -- GLS Bank: successfully sustainable / Eva Schneeweiss -- Industrial Credit and Investment Corporation of India (ICICI) Bank: the emergent bank of the emerging economies / Radha R. Sharma and Philip Abraham -- People's United Bank / Anuj Gangahar -- ShoreBank Corporation: let's change the world / Fiona S. Wilson and James E. Post -- Triodos Bank -- mission-driven success pays off: from Dutch enfant terrible to European business leader / Frank Jan de Graaf -- Wainwright Bank and trust case study -- humanistic management in practice / Christine Arena -- Investment banks that prospered / Anuj Gangahar -- Conclusion: living alternatives -- banking with integrity / Heiko Spitzeck, Michael Pirson, and Claus Dierksmeier. Cover 1 Half-title 2 Title 4 Copyright 5 Contents 6 List of Tables 8 List of Figures and Boxes 9 Foreword 10 Notes on Contributors 13 1 Introduction 20 2 ABN AMRO REAL – A New Bank for a New Society 40 3 Banca Popolare Etica 55 4 Banca Prossima 67 5 Branch Banking and Trust: Community Banking Based on Core Values – Can It Survive? 83 6 CEI Capital Management LLC 95 7 Cooperative Bank of Chania 110 8 GLS Bank: Successfully Sustainable 126 9 Industrial Credit and Investment Corporation of India (ICICI) Bank: The Emergent Bank of the Emerging Economies 134 10 People’s United Bank 148 11 ShoreBank Corporation: Let’s Change the World 160 12 Triodos Bank – Mission-Driven Success Pays Off: From Dutch Enfant Terrible to European Business Leader 177 13 Wainwright Bank and Trust Case Study – Humanistic Management in Practice 188 14 Investment Banks that Prospered 201 15 Conclusion: Living Alternatives – Banking with Integrity 211 Index 226