Prudence and Ambition
How banks work and why their governance needs to change
$28.74
- Paperback
215 pages
- Release Date
26 May 2026
Summary
Banks are a way of organising society. Their liabilities are money. They make wealth portable. They facilitate commerce. They do the work of markets where markets don’t exist. No one much likes banks. We resent their power and wealth. They hold our mortgages and issue our credit cards. They know things about us. They can veto our plans. But we need them. Prosperity requires credit. The economy struggles if its banks are overcautious. When a bank fails, the public suffers.
Book Details
| ISBN-13: | 9781764392594 |
|---|---|
| ISBN-10: | 1764392590 |
| Author: | Harrison Young |
| Publisher: | Ventura Press |
| Imprint: | Ventura Press |
| Format: | Paperback |
| Number of Pages: | 215 |
| Release Date: | 26 May 2026 |
| Weight: | 330g |
| Dimensions: | 33mm x 234mm x 154mm |
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About The Author
Harrison Young
Harrison Young is an American-born, Harvard-educated author with over thirty years of experience in investment banking. His career has taken him across twenty countries, and he has advised twelve foreign governments.
Previously, he served as the CEO of China’s first international investment bank, a Director of the Bank of England, Managing Director of Morgan Stanley Asia, and Chairman of Morgan Stanley Australia. Since 2007, he has been a Director of the Commonwealth Bank of Australia.
Beyond his professional achievements, Harrison is a passionate collector of Australian artwork and paintings, favoring representational pieces. He is also known for hosting engaging and lively dinner parties and is a staunch supporter of the Geelong football club. He maintains a keen interest in the global workings of banking and financial systems.
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