Description
European banking is now changing at an unprecedented rate; competition and efficiency are now dominant banking concerns. This volume sees leading European researchers in the fields of banking and finance assess the key issues shaping the strategic development of banking in the EU. The first nine chapters explore efficiency, competition and various aspects of the strategies of EU banks. Select aspects of the impact of EMU on banking and finance are discussed in the remaining chapters. YENER ALTUNBAS Research Officer, Institute of European Finance PABLO DE ANDRES ALONSO Associate Professor of Finance, University of Valladolid VALENTIN AZOFRA PALENZUELA Professor of Banking and Finance, University of Valladolid GRAN BERGENDAHL Professor of Business Administration, Gteborg University MARGARET BROWN Lecturer in Insurance, University of Wales, Bangor SANTIAGO CARBO VALVERDE Professor Titular of Applied Economics, University of Granada FRANCESCO CESARINI Professor of Banking, Catholic University of Milan ANDREW ELLUL Department of Banking and Finance, University of Malta ELISABETTA GUALANDRI Associate Professor, University of Modena SANDOR LIGETI Professor of Banking and Finance, Budapest University TED LINDBLOM Professor, Gteborg University FLIX J. LOPEZ ITURRIAGA Associate Professor of Finance, University of Valladolid JOEL METAIS Professor of Economics, University of Paris Dauphine PHILIP MOLYNEUX Professor in Banking and Finance and Co-Director, Institute of European Finance JOS M.PASTOR Professor, Department of Economic Analysis, Universitat de Valencia FRANCISCO PREZ Professor, Department of Economic Analysis, Universitat de Valencia PAULO SOARES DE PINHO Assistant Professor of Banking and Finance, Universidade Nova de Lisboa JOSE MIGUEL RODRIGUEZ FERNANDEZ Associate Professor, Banking and Finance, University of Valladolid LEO SCHUSTER Professor, Business Administration, Catholic University of Eichsttt JONATHAN WILLIAMS Research Officer, Institute of European Finance, University of Wales, Bangor List of Tables List of Figures Preface Notes on the Contributors Synopses of Contributions Introduction: The Malta Connection; J.Falzon & E.P.M.Gardener Cost Economics and Efficiency in EU Banking Systems; Y.Altunbas, E.P.M.Gardener & P.Molyneux Relative Efficiencies and Productivity Indices: An Empirical Investigation of the Banking Sectors in Eight European Countries; M.Brown The Effects of Alternative Financial System Models on Corporate Governance; P.de Andrs-Alonso, V.Azofra-Palenzuela, F.J.L.Iturriaga & J.M.Rodriguez-Fernadez Market Share Dynamics and Instruments of Competition in the Portuguese Deposits Markets; P.S.de Pinho Specialisation and Competitiveness of the Spanish Savings Banks (1984-1995); J.M.Pastor & Francisco Prez The Future of Relationship Banking; G.Bergendahl & T.Lindblom The Societal Responsibility of Banks: An Introduction to a Societal-Oriented Bank Management Theory; L.Schuster Adaptive Strategies by European Savings Banks: A Case Study of Spain; S.Carbo, E.P.M.Gardener, P.Molyneux & J.Williams Public Banks in France: Current Problems and Prospective Issues; J.Metais Economic and Monetary Union and Single Currency in Europe: Repercussions on Capital Markets and Stock Exchanges; F.Cesarini European Monetary Union: Issues in Supervision; E.Gualandri The Role of Independence in the European System of Central Banks: A Sufficient Condition for a Robust European Monetary Union?; A.Ellul EU, EMU and the Central and Eastern European Countries; S.Ligeti EMU, Adjustment and the Peripheral Regions: An Overview of Policy Issues; J.Falzon Index
