This chapter examines the major forces generating change in international banking markets as well as highlighting the current trends and strategic issues facing banks. The first part of this chapter looks at competition, regulation, financial innovation and technological developments whereas the second section deals with issues such as internationalisation and conglomeration.
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References and further reading
- Bank for International Settlements (1986) Recent Innovations in International Banking, April (Basle: BIS).Google Scholar
- McLeay, Stuart and Molyneux, Philip (1989) ‘Bank profitability and structure in France, the United Kingdom, West Germany and Japan. Some preliminary findings’, IEF Research Papers in Banking and Finance RP 89/12 (Bangor: Institute of European Finance).Google Scholar
- Revell, J.R.S. (1985) ‘New forms of competition and new competitors’, Revue de la Banque, February, vol. 2, pp. 45–53.Google Scholar
- Revell, J.R.S. (1987) Concentration and Mergers in Banking, IEF Research Monographs in Banking and Finance, no. 2 (Bangor: UCNW).Google Scholar
- Smith, S.P. (1984) Retail banking in the 1990s: the technology suppliers view (London: Lafferty).Google Scholar