haku: @journal_id 4515 / yhteensä: 32
viite: 20 / 32
| Tekijä: | Kregel, J. A. |
| Otsikko: | The Prospects for European Bank Concentration in Light of Recent US Experience |
| Lehti: | Latin American Business Review
2002 : VOL. 3:4, p. 7-18 |
| Asiasana: | BANKS MERGERS MERGERS FINANCIAL SERVICES USA |
| Kieli: | eng |
| Tiivistelmä: | Recent United States experience is used to draw implications for European bank concentration. The basic hypothesis is that US concentration is driven by the need to internalize risk reduction activities and that this is done by creating an internal market comprising multiple financial activities. A similar process seems to be at work in Europe after the Single Market Act and the various European commission directives have made it possible for banks to operate across national boundaries. That there has been little EU cross-border merger activity suggests additional impediments. One is the absence of a 'single EU regulatory agency that limits the benefits of expanding activity across borders.' |
SCIMA