This book presents the results of several years of research on competition, concentration, efficiency and performance in the European banking market. The author seeks to explain and interrelate the numerous characteristics of the banking industry, and provide a detailed comparative analysis of various banking sectors throughout Europe. The book begins with a survey on intermediation, integration and internationalization in the European banking market, which helps to explain the increased competitive pressures banks are now operating under. The author then examines indicators of concentration and competition, and attempts to measure these using a variety of approaches in both EU and non-EU countries. Significantly, he also presents a unique comparison of efficiency throughout the EU by estimating X-inefficiency and cost level differences. The book concludes with an investigation into cyclical patterns of profits, provisions and lending in order to assess the procyclicality of bank behavior in light of the new Basel Capital Accord.
Do you know how banking and money will look like in the new digital age?
In her new book, Banking, Bowling & Beethoven, Marianne describes the ten summers she devoted to her grandchildren. At least three times a week, she educated and entertained them in her home. Parents and grandparents will enjoy the ideas for keeping the children entertained all summer long. The ideas for teaching useful life-long habits in money management as well as other useful skills are presented in easy-to-read conversational style.