This report describes the risk outlook for the banking industry at the turn of the year 2014 – a time when the global economy and its banking system were recovering from the financial crisis. This could be described as the first post-crisis Banking Banana Skins survey since it shows, for the first time in seven years, a decline in the level of anxiety about the condition of the banking system. The risk landscape it paints therefore reflects people’s risk preoccupations in a newly evolving world.
The Center for the Study of Financial Innovation's (CSFI) “Banana Skins” series provides periodic snapshots of the risk landscape in the financial services sector. As well as the banking series, the CSFI conducts surveys of the risks in insurance and microfinance.