Resilient or resistant?

Change is a universal constant. For philosophical fineries adorning the ‘change is eternal’ concept and for musings on the durability of change, see classical works, beginning with the fragments that remain of writings by eastern Mediterranean thinker Heraclitus. In the real life experience of pressure for change, the global banking industry has been flooded with existential challenges related to the Great Recession, which was to a significant extent triggered by bankers’ reckless risk taking and their own hubris in the engineering of incomprehensible securitization instruments.  The global recession resulted in sweeping changes that were forced upon the financial game over the past seven to eight years: measures ranging from Dodd–Frank and Basel III reforms and the stress testing of systemic banks, to the hyper scrutiny of banks’ compliance with cross border taxation rules and politically determined behavior standards. Change, in summary of the contemporary global banking industry experience, thus was recently