Publisher's Synopsis
The Single European Market of 1992 will radically affect the operations of the European banking system. As banks prepare for the Single European Market, they will need to examine their strategies for gaining and retaining market share in this changing economic environment and to be aware of the threats to independent operation that financial deregulation may bring. "Banking in Europe" has been written to point out to the practising banker and the student of banking the implications, problems, and benefits of 1992 for the European banking system. Beginning with an examination of banking in the twelve EC member countries, the book looks at the implications of removing current financial barriers and considers how a free market in banking might operate within the Community. Relevant EC legislation - including the Second Banking Co-ordination Directive - is examined, illustrating how the problems of deregulation might be addressed. The text then highlights the strategies currently being adopted by banks to develop overseas operations while safeguarding traditional markets and discusses the implications of the recent growth in financial services.;This book is intended to be of interest to lecturers and students of international banking, especially students on CIB exam courses, and European studies.
