Competition and Profitability in European Financial Services: Strategic, Systemic and Policy Issues

Front Cover
Routledge, Apr 18, 2006 - Business & Economics - 304 pages

Financial services firms play a key role in the European economy. The efficiency and profitability of these firms and the competition among them have an impact on allocation of savings, financing of investment, economic growth, the stability of the financial system and the transmission of monetary policy.

This collection of research contributions includes evaluations of trends in the European financial service industry and examinations of the driving forces of efficiency, competition and profitability of financial firms and institutions in Europe. The papers have been written by leading academics and researchers in the field, who specialize in strategic, systematic and policy issues related to the European financial services industry.

This edited collection will be will be essential reading for students and academics but will also be of interest to financial practitioners and government officials interested in acquiring a deeper understanding of this complex issue.

 

Contents

Introduction
1
1 Strategic and Organizational Challenges in European Banking
8
2 Regulatory Capital Requirements and Financial Stability
22
3 Markets and Institutions
35
4 Macroeconomic Consequences of Financial Regulation
44
5 The Changing Pattern of Payments in the United States
51
6 The EastWest Efficiency Gap in European Banking
63
7 Foreign Acquisitions and Industry Wealth Effects of Privatization
80
10 The Magnitude of Distortions When Measuring Bank Efficiency with Misspecified Input Prices
142
11 Competition in a Highly Concentrate Banking Sector
183
12 Strategic Management in Banking in Medio irtus
204
13 Europen Primarily Internet Banks
222
14 Bank Risks and the Business Cycle
230
15 House Prices and Consumer Lending
257
16 Capital Markets and Financial Integration in Europe
281
Index
307

8 Electronic Payments and ATMs
96
9 Pricing Strategies in European Banking
114
Copyright

Other editions - View all

Competition and Profitability in European Financial Services: Strategic ...
Morten Balling,Frank Lierman,Andy Mullineux
Limited preview - 2006
Competition and Profitability in European Financial Services: Strategic ...
Morten Balling,Frank Lierman,A. W. Mullineux
No preview available - 2006
Competition and Profitability in European Financial Services: Strategic ...
Morten Balling,Frank Lierman
No preview available - 2009

Common terms and phrases

abnormal returns activities analysis ATMs average bank efficiency bank margins bank’s banking markets banking sectors banking system Basel Basel II bubble business cycle cent central banks changes commercial banks competition corporate countries cross-border debit cards deposits diversification domestic banks downturn economic effects electronic empirical equity estimated euro Europe European banks European Central Bank financial institutions financial markets financial services financial stability financial system firms frontier giro growth higher house prices impact income increase inefficiency input prices interest margins interest rates Internet banks investment investors large banks lending Lerner index Lloyds TSB loans market power measure mergers mortgage Nordea ofBanking and Finance operating cost output payments performance period profit Rabobank ratio regulation regulatory relative retail risk management sample share Sharpe ratios Spain specific strategy structure studies Table total assets transactions translog United Kingdom universal banks variables Warsaw Stock Exchange

About the author (2006)

Morten Balling is Professor of Finance at the Aarhus School of Business, Denmark.

Frank Lierman is Chief Economist at Dexia Bank, Belgium.

Andy Mullineux is Professor of Global Finance, and Director of the Global Finance Research Group in the Department of Accounting and Finance at the Birmingham Business School, University of Birmingham, UK

Bibliographic information

TitleCompetition and Profitability in European Financial Services: Strategic, Systemic and Policy Issues
Routledge International Studies in Money and Banking
AuthorsMorten Balling, Frank Lierman, Andy Mullineux
Editionillustrated
PublisherRoutledge, 2006
ISBN1134173784, 9781134173785
Length304 pages
Subjects ›  › 

Business & Economics / Economics / General
Business & Economics / Economics / Microeconomics
Business & Economics / Finance / General
Business & Economics / General
  
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