The world's banking industry faces massive upheaval as post-crisis reforms start to bite, says Jonathan Rosenthal in his special report.

Total assets in Kenya's banking sector grew by 27 percent from 1.325 billion shillings in 2009 to 1.678 billion shillings in 2010 with profit before tax for the sector recording a 61 percent climb or 77billion shillings. Analysts at rsm ashvir consultants however note significant investment is risk free government securities at the expense of onlending to the public and want the government to cut rates in its securities to spur lending to the borrowing public.

The biggest financial crisis since the Second World War created difficulties for banks all over the world, some of which were only rescued from bankruptcy through state intervention. The following short video shows the most promising way of protecting taxpayers from financial crises in the future.

The podcast "EPC calls on EU lawmakers to set end dates for migration to SEPA Credit Transfer and SEPA Direct Debit" sums up the latest developments related to the progress of the SEPA roll-out and stresses the need to set clear deadlines through EU Regulation for the replacement of existing national euro credit transfer and euro direct debit schemes by the SEPA payment schemes.

While it is impossible to directly access spot volatility, futures and futures-based indices can provide broad access to what has been dubbed the "investor fear gauge". The term structure of volatility has a profound impact on index characteristics and is key to efficient usage of these instruments.

Almost all structured finance transactions depend on counterparties to help them meet their payment obligations. In the past few years, major financial institutions that served as counterparties in a number of securitizations became insolvent. These experiences, along with the evolving characteristics of the world's financial system, have led to a reassessment of counterparty risk by market participants. In this CreditMatters TV segment, Andrew South, Standard & Poor's Head of European Structured Finance Research, discusses some of the risks, drawing on recent case studies.

The Financial Accounting Standards Board (FASB) recently proposed adjusting its standards for how companies should account for and report their financial instruments, hedging activities, and derivatives instruments. In this CreditMatters TV segment, Standard & Poor's Senior Director Joyce Joseph discusses our responses to the proposal. Topics include fair value, credit impairment, hedge accounting, and how FASB's financial instrument proposal differs from the International Accounting Standards Board's existing and proposed standards.

The Economist on America's banking reforms, the risk of deflation in advanced economies and China's growth.

Mercer investment expert Tom Raftery explains the concept of mezzanine debt and why it has become such an attractive investment vehicle in the wake of the global economic crisis.

Despite the financial crisis, emerging-market banks have raced ahead says our banking editor, Patrick Foulis

From being a rounding error a decade ago, the financial clout of China now trails only that of America. By market capitalisation, it has three of the four largest banks, the two largest insurance companies, the second-largest stockmarket and a lengthening list of investment funds.

Anne Murphy, lecturer in history at the University of Hertfordshire and associate director of the Centre for Financial History at Newnham College, Cambridge, talks to Romesh Vaitilingam about her new book ‘The Origins of English Financial Markets: Investment and Speculation before the South Sea Bubble'. The interview was recorded in London in January 2010

Charles Calomiris of Columbia Business School talks with EconTalk host Russ Roberts about the financial crisis. Calomiris argues that it is important to put the crisis in historical perspective in the context of other bank crises. He argues that bank crises differ widely across time and place -some times and some places are placid, others are prone to regular crises. 

Axel Weber, President of the Deutsche Bundesbank, talks to Romesh Vaitilingam about the need to rebalance between risk-taking and regulation in financial markets. They discuss the opportunity for central bankers and other G20 players to design and implement new regulation, and the likely future size of the financial sector in the overall economy. The interview was recorded at the Global Economic Symposium in Schleswig-Holstein in September 2009.

La Fundación BBVA ha elaborado un vídeo divulgativo sobre el estudio El sector bancario en el contexto internacional. Evolución reciente y retos futuros. La investigación fue realizada por el investigador del Ivie y profesor de la Universitat de València Joaquín Maudos y Juan Fernández de Guevara (Ivie y Universitat de València).

Los bancos están llamados a desempeñar un papel primordial en cooperación con los encargados de formular políticas y los reguladores, en la búsqueda de mejores niveles de estabilidad financiera para el sistema en su conjunto.

Primer episodio de la nueva serie de podcast sobre el sector bancario producidos por IBM. Lee Hodgkinson, CEO de SWX Europe, charla sobre cómo el mercado actual ha afectado a sus propias iniciativas estratégicas;  el cambiante papel de la tecnología dentro del entorno comercial; el cambio en el reparto de liquidez del sector bancario; el impacto de "dark pools" y trading algorítmico; cómo la gestión de riesgos está evolucionando, y el siempre presente y cambiante mundo regulatorio.

Tiffany Purdy y Toby Kilgore explican las claves que la banca debe tener en cuenta para seducir a los miembros de la Generación Y: hijos de baby boomers, nacidos entre 1982 y 1995, han crecido con internet y la telefonía móvil. Es una generación pragmática y acostumbrada a interactuar con la tecnología. Sólo en EEUU hay más de 75 millones de jóvenes con un valor colectivo de 2 billones de dólares.

Probablemente, el avance económico más notable de los últimos 25 años en el mundo desarrollado haya sido el crecimiento del sector financiero. La última nota de Martin Barnes, de Bank Credit Analyst (BCA) contiene unos datos llamativos sobre esta cuestión.

Paul Dunay, Director of Global Field Marketing entrevista a Ari Marcus, Managing Director del Área de Servicios Financieros de Bearingpoint. Se resumen los resultados del Caso de Estudio "Automating Client Data Remediation to Improve Risk Management".

Bruce Kasman, Chief Economist y Managing Director de Global Resarch habla sobre el clima económico actual, y las previsiones para el resto del año.

Paul Danik, director of global field marketing habla con Sandeep Vishru, managing director of financial services and risk management de BearingPoint, sobre el working paper que su equipo acaba de publicar sobre la gestión del riesgo en procesos de externalización, "Managing risk to improve offshoring results".