Title: From deregulation to the twin transition: exploring banking strategies for sustainability and digitalisation

Authors: Barbara Casu; Claudia Girardone

Addresses: Bayes Business School, City St. George's, University of London, UK ' Essex Business School, University of Essex, Colchester, UK

Abstract: This article explores the evolution of empirical banking research in developed countries over the past 30 years, reflecting the sector's adaptation to changing regulatory and economic environments. We identify key areas that have shaped banking research, including priorities and strategies during the deregulation era and the culture crisis triggered by the Global Financial Crisis. The discussion then shifts to two critical emerging themes: sustainability and digitalisation, highlighting their convergence in a 'twin transition' that addresses the interconnected challenges of climate change and technological disruption, both of which demand transformative approaches to banking practices, strategies, and policies.

Keywords: banking sector deregulation; great financial and culture crisis; net zero; sustainable digitalisation; twin transition.

DOI: 10.1504/IJBAAF.2025.146546

International Journal of Banking, Accounting and Finance, 2025 Vol.15 No.1/2, pp.139 - 163

Received: 15 Dec 2024
Accepted: 27 Jan 2025
Published online: 02 Jun 2025 *

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