Avons-nous rendu les banques « bonnes » ?

This paper reports on the deliberations of a special plenary panel session organised on behalf of the UK?s Monetary Macro, Finance Research Group (MMFRG) at the 31st International Symposium of the Groupement de Recherche Européen (GdRE) : Monnaie, Banque et Finance (MBF) on 19th June 2014 in Lyon. The overall conclusion of the panel?s discussions was that : whilst regulatory reform was underway and broadly on track, the international consistency of implementation was far from assured and that the ?too big to fail? problem had not been resolved through structural reforms. Indeed post crisis consolidation had increased concentration in banking markets. There was also a feeling that diversity in banking was beneficial and that mutual and community banking should be preserved and not allowed to be squeezed out by an evolving regulatory regime designed to protect taxpayers by controlling the systemic risks posed by large and complex shareholder-owned banks.