Traditional, New, and Longer-Term Views of Banking in the 21st Century

This chapter provides an overview of the structure and contributions to the Fourth Edition of the Oxford Handbook of Banking. Utilizing a mix of abstract theory, empirical analysis, practitioner content, and policy-related material, the new edition is partitioned into six parts comprising: Fundamentals of Banking; Traditional and New Challenges to the Banking Model; Various Models for Delivering Banking Services; Regulatory and Policy Perspectives; Global, Regional, and Country Perspectives on Banking; and Editors’ Wrap Up of Fourth Edition. In this chapter, we provide a brief overview of recent developments in the banking industry and an overview of each of the 37 chapter contributions across the six sections of the handbook. Many of these are entirely new and include: Banks and Financial Markets in a Digital Age; Financial Accounting and Disclosure in Banking; Fintech and BigTechs; Financial Literacy; Financial Inclusion; Sustainable Banking; Community Banking; Cooperative Banking; Systemic Risk and Economic, Banking, and Financial Market Crises; Macroprudential Regulation; Stress Testing; and Banking in a Globalized Economy.