Banking Today

Wednesday, 1 May 1996 - 6:00pm


There is a pervasive idea in the world outside banks that banking and financial services should really be a riskless business, providing riskless products. In this lecture, Sir Peter Middleton explores how modern banks promote themselves as 'safe havens', while simultaneously making money - especially as there is nothing 'safe' that banks can do with money once they get it.

This is the 1996 Gresham Special Lecture.

Extra lecture materials