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What role have the financial elites in European societies and
markets played over time? What was their contribution to the recent
financial collapse, and how does this compare to previous crises?
How have financial elites adjusted to, or influenced, the evolution
of the financial system's regulatory framework over time? Financial
Elites and European Banking: Historical Perspectives is a
collection of essays dedicated to the European financial elites and
the current debate on the role of experts within society. The
ambiguities of the globalized economy over the last thirty years,
epitomized by growing levels of inequality, have generated a
feeling of distrust towards experts. Financial elites have become
one of the most scrutinized targets of negative public opinion,
triggered by the financial crisis, the high compensations enjoyed
both before and after the collapse of Lehman Brothers, and the
obscure nature of their activity. Financial Elites in European
Banking presents historical comparisons and country and
cross-country case studies on financial elites' adaption and
contribution to the transformation of regulatory and cultural
context in the wake of a crisis.
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