Financial Institutions in Europe under New Competitive Conditions

Author(s): by Donald E. Fair and Christian de Boissieu

Date published: Mar 1990

edited by Donald E. Fair and Christian de Boissieu, Financial and Monetary Policy Studies 20
Kluwer Academic Publishers, Dordrecht, Boston, Lancaster, 1990
ISBN 0-7923-0673-2

Banks and other financial institutions in Europe are entering a phase of increasing competitive pressure. The purpose of this book is to present a comprehensive analysis of the many implications of these external pressures, which are intensified by technological developments and by the efforts of financial institutions to transcend existing national regulatory frameworks. The discussions, which took place at the SUERF Colloquium in Nice in 1989 provide the basis for this volume. The strategies adopted by banking firms, the banking structure expected to emerge, the prudential control exercised by the authorities, the role of financial institutions in the restructuring of European industry and the future of non-bank financial institutions are central themes of the book.