Global Positioning for Financial Services

The following sections are included:

• Preface

• Contents

The following sections are included:

• Introduction

• The Traditional Roles

• The Industry Transformation

• Changing Market Shares
  • The New Global Banking Environment
  • Foreign Bank Presence

• Conclusion

• Selected References

The following sections are included:

• Introduction

• Banking in an International Context
  • The United States
  • The United Kingdom
  • Canada
  • Germany
  • France
  • Switzerland
  • Japan

• The Structural Differences
  • Average Size
  • Population per Bank

• Comparative Bank Services
  • Payment Mechanisms
  • Expanding Technology

• Corporate Services
  • The Shrinking Top-Tier Corporate Clientele
  • Emphasis on Fee Income

• Securities Operations

• Insurance

• Conclusion

• Selected References

The following sections are included:

• Introduction
  • Euromarkets
  • Currency Markets
  • Bond Markets
  • Commercial Paper Market
  • Equities

• Deregulation
  • The Need for Change
  • Legislative Changes
  • The Deposit Insurance Crisis
  • FDIC Improvement Act of 1991
  • Restoration of the U.S. Insurance Funds
  • Deregulation in Other Countries

• The European Union
  • Development of the Single European Market
  • Banking Directives and the Single Passport
  • Economic and Monetary Union

• Conclusion

• Selected References

The following sections are included:

• Introduction

• The Need for Regulation
  • Liquidity Standards
  • Loan Concentration
  • Capital Standards

• Trends in Regulation
  • More Formal Regulation
  • International Coordination

• The United States
  • Active Consumer Protection
  • Benign Neglect of the Banks
  • Edge Act and Agreement Corporations
  • The McFadden Act
  • The Glass-Steagall Act
  • Growth of International Banking
  • The Bank Holding Company Act
  • Regulation K
  • International Banking Act
  • The FDIC Improvement Act of 1991
  • An Appeal to Government

• The United Kingdom

• Germany

• Japan

• Conclusion

• Selected References

The following sections are included:

• Introduction

• Innovation in the United States
  • Loan Sales
  • Asset-Backed Securities
  • Indexed CDs
  • Swaps
  • Mezzanine Finance
  • U.S. Bank Management

• Universal Banking in Germany
  • Client Relations
  • German Bank Management

• International Traditional in the United Kingdom
  • A Diverse Financial Market
  • British Bank Management

• The Quest for International Competitiveness in Japan
  • Measured Steps Toward Internationalization
  • Japanese Bank Management

• Conclusion

• Selected References

The following sections are included:

• Introduction

• Within the United States
  • Mutual Funds
  • Securities Trading and BankAmerica
  • Regional Expansion

• European Alliances and Investment Banking

• Greater China and Alliances with Western Banks

• Conclusion

• Selected References