European Banking: Efficiency, Technology and Growth (Wiley Finance)

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Product Description

The retail banking sector has undergone immense change over the last decade, such that the industry is barely recognisable. The creation of the European Single Market has of necessity initiated deregulation, whilst the increase in telephone and internet banking has impacted on economies of scale. Financial services organisations are now able to compete in previously uncharted territory, to considerable effect.
Taking the reader on a journey of discovery through the economic theory behind the practice and the consequences that follow, the authors have created a fascinating insight into the current state of European retail banking. The authors use their extensive research to display the rationale behind the increasing trend towards consolidation and efficiency.
Well argued and well researched, this is a must read for all people with an interest in the European Banking market, from investors to bankers and students alike.

European Banking: Efficiency, Technology and Growth (Wiley Finance) Review

This book is a must read for any strategy consultant and any investment banker. It offers empiric data on concentration processes in the European Banking Sector, and their roots.It analyzes the data using advanced stochastic tests.
It benchmarks them with those concentration processes, which would have occured, if Gibrats "Law of proportionate Effect" had occured. Moreover, it offers the most complete bibliography on concentration processes in the banking industry.Note to the authors: Your second edtion should say a bit more about the effect of IT on banking. You did complain "that there are no publications on the effect IT on banking." Indent the data
from "The Banking Revolution - IT in Banking - salavation or slaughter ?" , published in late 1997 by Carrington,Langguth, Steiner from Mitchel Madison Group. If you do so, your book is perfect. Help other customers find the most helpful reviews� Was this review helpful to you?�Yes No Report abuse | PermalinkComment Comment

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