Bank Strategies and Challenges in the New Europe,9780333949368

Bank Strategies and Challenges in the New Europe

by
ISBN13: 9780333949368
ISBN10: 0333949366
Format: Trade Book
Pub. Date: 2001-09-22
Publisher(s): Palgrave Macmillan
  • Free Shipping Icon

    This Item Qualifies for Free Shipping!*

    *Excludes marketplace orders.

List Price: $135.00

Buy New

Usually Ships in 5-7 Business Days
$134.87
Add to Cart

Rent Textbook

Select for Price
Add to Cart
There was a problem. Please try again later.

Rent Digital

Rent Digital Options
Online:30 Days access
Downloadable:30 Days
$35.64
Online:60 Days access
Downloadable:60 Days
$47.52
Online:90 Days access
Downloadable:90 Days
$59.40
Online:120 Days access
Downloadable:120 Days
$71.28
Online:180 Days access
Downloadable:180 Days
$77.22
Online:1825 Days access
Downloadable:Lifetime Access
$118.80
*To support the delivery of the digital material to you, a digital delivery fee of $3.99 will be charged on each digital item.
$77.22*
Add to Cart

Used Textbook

We're Sorry
Sold Out

Buy from our Marketplace starting at $9.96

How Marketplace Works:

  • This item is offered by an independent seller and not shipped from our warehouse
  • Item details like edition and cover design may differ from our description; see seller's comments before ordering.
  • Sellers much confirm and ship within two business days; otherwise, the order will be cancelled and refunded.
  • Marketplace purchases cannot be returned to eCampus.com. Contact the seller directly for inquiries; if no response within two days, contact customer service.
  • Additional shipping costs apply to Marketplace purchases. Review shipping costs at checkout.

Summary

Both in global and European banking markets, banks and banking are undergoing fundamental changes. Deregulation, competition, technology, and other developments have extended the frontiers of banking into the wider and ever-expanding financial services industry. Bank Strategies and Challenges in the New Europe brings together the work of leading European researchers in banking and finance in a blend of theory, practice, and empirical study. The contributors situate banking within this new environment by exploring key issues such as the impact of technological advances, changes in delivery and payment systems, EMU and the convergence of EU banking sectors, competition, regional investment, offshore banking, capital adequacy, and risk management.

Author Biography

Edward P. M. Gardener is Professor of Banking and Finance, Co-Director of the Institute of European Finance, Head of School of Business and Regional Development, University of Wales.

Peter C. Versluijs is Training and Development Consultant, ABNARO Bank, Netherlands.

Table of Contents

List of Tables
ix
List of Figures
xii
Preface xiv
Notes on the Contributors xvi
Synopses of Contributions xxii
The Bank is Dead, Long Live the Bank
1(18)
Ray Shaw
Introduction
1(1)
Changing functions and processes
1(2)
Impact of technological change on costs for the UK clearing banks
3(4)
The architecture of future electronic banking
7(2)
Developing payment systems on the Internet
9(3)
Specialist corporate network services
12(3)
Will the banks survive?
15(4)
Technical Change in European Banking
19(27)
Yener Altunbas
Philip Molyneux
Introduction
19(1)
Methodology
20(6)
Data and results
26(2)
Conclusions
28(18)
Appendix
32(14)
Competitive Advantage Based on Information Technology in Banking
46(18)
Esteban Fernandez
Jose M. Montes
Camilo J. Vasquez
Increasing competition and price competitiveness
46(3)
The impact of new information technologies on subcontracting processes
49(2)
Price competition versus relationship banking
51(10)
Conclusions
61(3)
Emerging Methods of Payment
64(7)
Jack Revell
Introduction
64(1)
Plastic cards
65(1)
Credit cards
66(1)
Chip cards and prepaid cards
67(2)
The Internet
69(2)
Dimensions of Actions Distribution
71(16)
Marcel R. Creemers
Introduction
71(1)
Distribution concepts
72(2)
Types of actions
74(1)
Market-driven businesses
75(1)
Community building
75(1)
Dimensions of actions distribution
76(2)
Analysing distribution channels
78(5)
Actions distribution research
83(2)
Implications
85(2)
Card Payments: Pricing and Competition
87(19)
Ted Lindblom
Introduction
87(3)
Current pricing of card payments
90(4)
Recent card pricing trends
94(2)
Theoretical guidelines
96(4)
Conclusions
100(6)
The Unified European Banking Market and the Convergence of National Banking Sectors
106(33)
Elisabetta Montanaro
Claudio Scala
Mario Tonveronachi
Introduction
106(2)
Regulation, competition and convergence
108(6)
The recent experience
114(10)
Conclusions
124(15)
Methodological Appendix
125(5)
Appendix
130(9)
Product Mix of the Spanish Banking Firms: Do Competition Clubs Exist?
139(25)
Francisco Perez
Emili Tortosa-Ausina
Introduction
139(2)
Basic product mix indicators
141(1)
Product mix measures
142(6)
Do competition clubs exist?
148(6)
Where is the banking sector diversity?
154(3)
Concluding comments
157(7)
Institutional Investment Flows and the Regions of the UK: a Case for a New Financial Infrastructure?
164(29)
Jonathan Williams
Introduction and background
164(2)
Financial liberalisation and the space economy
166(2)
The financial system and regional development
168(4)
The spatial distribution of institutional investment in the UK
172(9)
Policy implications for Wales and the regions
181(12)
Characteristics of International Financial Centres
193(8)
Joe Falzon
Concepts and characteristics
194(3)
Historical development
197(1)
Communications and financial centres
198(1)
Conclusions
199(2)
Globalisation, Cross-Border Trade in Financial Services and Offshore Banking: the Case of Ireland
201(12)
Philip Bourke
Introduction
201(1)
Background
202(3)
The IFSC
205(8)
Conclusion
211(2)
The Impact of CAR on Bank Capital Augmentation in Spain
213(19)
Yener Altunbas Santiago Carbo
Edward P. M. Gardener
Introduction
213(2)
Background and model
215(6)
Statistical methodology
221(2)
Data and results
223(4)
Conclusions
227(5)
The Management of Foreign Exchange Exposures and Interest Rate Exposures in a Number of UK and Swedish Firms between 1985 and 1996
232(40)
Goran Bergendahl
Background
232(3)
Exposure management in business firms
235(17)
Experiences from treasury departments
252(13)
Conclusions
265(7)
Appendix
269(3)
Fat Tails and the Effect on Optimal Asset Allocations
272(17)
Andre Lucas
Pieter Klaassen
Introduction
272(2)
The model
274(4)
Theoretical effects of fat tails
278(2)
An application to Dutch asset classes
280(3)
The effect of misspecification of fat tails
283(4)
Concluding remarks
287(2)
Index 289

An electronic version of this book is available through VitalSource.

This book is viewable on PC, Mac, iPhone, iPad, iPod Touch, and most smartphones.

By purchasing, you will be able to view this book online, as well as download it, for the chosen number of days.

Digital License

You are licensing a digital product for a set duration. Durations are set forth in the product description, with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.

More details can be found here.

A downloadable version of this book is available through the eCampus Reader or compatible Adobe readers.

Applications are available on iOS, Android, PC, Mac, and Windows Mobile platforms.

Please view the compatibility matrix prior to purchase.