Postcrisis Challenges. The latest volume of the IFR series is titled International banking in the new era Post-crisis challenges and opportunities. The volume includes original papers that examine various issues concerning challenges and opportunities for international banks in the rapidly changing global environment. The deregulation of developed countries financial markets over the past two decades has seen an evolution of the roles performed by banks. This reshaping of the traditional boundaries of commercial and investment banking activities has served to blur the distinction between domestic and international