{"product_id":"stumbling-giants-patricia-meredith-9781442649514","title":"Stumbling Giants: Transforming Canada's Banks for the Information Age","description":"\u003cp\u003eWinner of the 2018 Donner Prize for the Best Public Policy Book by Canadian authors, \u003ci\u003eStumbling Giants\u003c\/i\u003e by Patricia Meredith and James L. Darroch presents a compelling new vision of the Canadian banking industry in which stakeholders work together to propel the country's banking system into the twenty-first century. \u003c\/p\u003e\u003cbr\u003e\u003cp\u003eCanada's big six banks survived the 2008 financial crisis by adhering to traditional banking practices, which made them a safe harbour amidst the turmoil. With banks earning 40 per cent return on equity from practices such as in-person retail banking, pressure from investors with short-term interests continues to discourage technological innovation and adaptation. \u003c\/p\u003e\u003cbr\u003e\u003cp\u003eHowever, today's global information economy has transformed the financial lives of individuals and companies alike. Meredith and Darroch argue that Canadian banks refuse to address the disruptive info-tech changes that ultimately threaten their very existence. The authors also set forth a cohesive set of recommendations to prepare the nation's banks for the challenges and opportunities offered by the digital age. \u003c\/p\u003e\u003cbr\u003e\u003cp\u003eThis call to action for the Canadian banking will resonate with financial sector managers, policy makers, and, above all, general readers. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Patricia Meredith, James L. Darroch\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1442649518\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781442649514\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Rotman-Utp Publishing\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/02\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 256\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.15lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.10h x 6.20w x 0.90d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 06\/01\/2018","brand":"Patricia Meredith","offers":[{"title":"Hardcover","offer_id":45896688828671,"sku":"9781442649514","price":45.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_696f4f45-51cb-4be1-8335-fdc4270d2d42.jpg?v=1721372064","url":"https:\/\/www.whiterainbookhouse.com\/products\/stumbling-giants-patricia-meredith-9781442649514","provider":"WR Book House","version":"1.0","type":"link"}