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Author:Bream, R.
Title:Strategies for eurozone survival
Journal:Euromoney
1999 : MAY, 5, p. 110-119
Index terms:POWER
EUROPE
BANKS
Language:eng
Abstract:In the eurozone big is beautiful. The potential three-way merger of Banque Nationale de Paris, Societe Generale and Pariabas is just the latest example of the consolidation that will transform Europe's fragmented and largely unsophisticated banking industry. National borders and regulations have become irrelevant more quickly than anyone had predicted, leaving the way open for huge intra-market and cross-border tie-ups. But as banking goes the way of auto manufacturing and pharmaceuticals, what role is left for the smaller institutions?
SCIMA record nr: 193357
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