Contributor(s): Dr Andreas Dombret | While bankers and regulators are still busy implementing the lessons learnt from the crisis, new challenges have arisen that might once again change the banking landscape. Andreas Dombret is a Member of the Executive Board of the Deutsche Bundesbank. He trained as a bank clerk with Dresdner Bank before studying business management at the Westfälische Wilhelms University in Münster. He was awarded his PhD by the Friedrich-Alexander University in Erlangen-Nuremberg. From 1987 to 1991, he worked at Deutsche Bank’s Head Office in Frankfurt as a manager with the power of procuration. From 1992 to 2002, he worked at JP Morgan in Frankfurt and London, from 1999 as a Managing Director. From 2002 to 2005, he was the Co-Head of Rothschild Germany located in Frankfurt and London, before serving Bank of America as Vice Chairman for Europe and Head for Germany, Austria and Switzerland between 2005 and 2009. He was awarded an honorary professorship from the European Business School in Oestrich-Winkel in 2009. Since May 2010, he has been a member of the Executive Board of the Deutsche Bundesbank with currently responsibility for Banking and Financial Supervision, Risk Control and the Bundesbank’s Representatives Offices abroad. He is also responsible for G7, G20 and IMF (Deputy of the Bundesbank), Supervisory Board (SSM) (Member), Basel Committee on Banking Supervision (BCDS) (Member of the Bundesbank and Bank for International Settlements, Basel (Board of Directors). Charles Bean is a Professor of Economics at LSE and a former Deputy Governor of the Bank of England. The Financial Markets Group Research Centre (FMG) at LSE (@FMG_LSE) is one of the leading European centres for academic research into financial markets and is a focal point for research communication with the business, policy making, and academic finance communities.