On the planet of banking and finance nothing stands still. The banks’ function as financial intermediaries has a serious bearing on how efficiently the economic system allocates its assets between competing uses. In considering efficiency, we are considering whether lending activity helps resources movement to their ‘finest use’ or whether some sectors get too little or an excessive amount of credit relative to what’s needed for the economy to perform at its finest. We’re additionally interested in whether lending and different financial activities are provided in a cost efficient manner from the perspective of customers and the degree to which the banks enhance and innovate their financial services and products…