Abstract
Financial services conglomerates that possess many different types of balance sheets within their group, on which they may write risk, can enjoy certain advantages over monoline firms. Perhaps for this reason, the larger financial services firms have, in recent years, been broadening their businesses. Moreover, each firm has achieved this in its own particular way, rather than by following a set formula.
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© 2006 Bruce T. Porteous and Pradip Tapadar
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Porteous, B.T., Tapadar, P. (2006). Financial Services Conglomerates. In: Economic Capital and Financial Risk Management for Financial Services Firms and Conglomerates. Finance and Capital Markets. Palgrave Macmillan, London. https://doi.org/10.1057/9780230512702_12
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DOI: https://doi.org/10.1057/9780230512702_12
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51838-8
Online ISBN: 978-0-230-51270-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)