Universal Banking : International Comparisons and Theoretical Perspectives
by
Jordi Canals
Book Details
Format
Paperback / Softback
ISBN-10
0198775059
ISBN-13
9780198775058
Publisher
Oxford University Press
Imprint
Oxford University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 16th, 1997
Print length
382 Pages
Weight
598 grams
Dimensions
23.50 x 15.60 x 2.10 cms
Product Classification:
Monetary economicsInternational financeBankingInternational business
Ksh 6,400.00
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This text considers the drastic changes that have occurred in the world banking industry over the past two decades. It addresses a number of questions including: what is the role of universal banks and financial markets in the context of deregulation and disintermediation?
The deregulation and disintermediation processes, the globalization of financial markets, the emergence of new competitors, and the introduction of new formation technologies have brought about profound changes in the banking industry. Banks have lost market share and show decreasing economic performance. In the wake of this, Professor Canals addresses several important questions: are universal banks bound to disappear? What is the role of universal banks in modern financial markets? What should banks'' strategic reactions be to those changes in industry?
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