" Better Banking by Adrian Docherty and Frank Viort is an outstanding introduction to the recent financial crisis. It starts from first principles and provides many useful new insights, delivering detailed case studies of the banks that got into trouble as well as critiques of past and proposed regulations. I recommend this book to those who want to learn the basics about banking crises and to those looking for a fresh and sophisticated perspective on risk taking by banks." — Douglas W. Diamond, Merton H. Miller Distinguished Service Professor of Finance, University of Chicago Booth School of Business "Adrian Docherty and Franck Viort make a compelling and timely case for better banking. They provide a critical analysis of recent banking history and an informed challenge to those developing future policy. With the banking crisis far from over, Better Banking is required reading for all those with an interest in a sustainable financial system." — Tim Wright, CEO, Willis International " Better Banking is a fresh and insightful primer on the financial crisis, based on first-hand experience of the banking industry. Docherty and Viort's blueprint for action is an entirely new contribution to the global debate on financial regulation." — Benoît Coeuré, Member of the Executive Board, European Central Bank "This book is a page-turner on banking regulation, which in itself makes it a must-read. It goes beyond conventional wisdom and questions the very essence of what banks are here for in the first place. In that sense, it also has broader implications and I, for one, would very much like Adrian Docherty's and Franck Viort's ideas to be implemented in regulating the insurance sector and in the financial area more generally." — Pierre Michel, Deputy-CEO, Caisse Centrale de Réassurance / Former Insurance and Pension Funds Expert, European Commission "Docherty and Viort have a clear understanding of what went wrong in the financial crisis, and why. They also offer some thought provoking ideas for more robust bank regulation in the future. Furthermore, they write in an accessible and lucid way about complex problems." —Howard Davies, Professor, Sciences-Po / Former Chairman, FSA "Bankers and regulators should read this book. That way, they might get it right next time around" — Adam Seale, CEO, Interactive I