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Author:Vander Vennet, R.
Title:Cost and profit efficiency of financial conglomerates and universal banks in Europe
Journal:Journal of Money, Credit and Banking
2002 : FEB, VOL. 34:1, p. 254-282
Index terms:CONGLOMERATE COMPANIES
EFFICIENCY
FINANCE COMPANIES
INTERNATIONAL BANKS
Language:eng
Abstract:In contrast to United States, the Second Banking directive allows European banks both to form financial conglomerates and hold equity stakes in nonfinancial companies. This paper analyzes the cost and profit efficiency of European financial conglomerates and universal banks.
SCIMA record nr: 232059
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