European banking after the euro: progress and problems
ISSN: 0307-4358
Article publication date: 1 September 2001
Issue publication date: 1 September 2001
Abstract
Discusses the changes in European banking since the introduction of the euro, providing statistics on mergers and acquisitions (mostly domestic) and their effects on assets both inside and outside the eurozone. Considers the factors which make cross‐border mergers less attractive, the effect of consolidation on costs, and the impact of the euro on foreign exchange earnings, debt markets and cash management systems. Concludes that although banks are becoming more competitive with each other and with other financial services companies, national barriers to further integration of the financial services market remain.
Keywords
Citation
Templeton, W. and Clark, R. (2001), "European banking after the euro: progress and problems", Managerial Finance, Vol. 27 No. 9, pp. 21-31. https://doi.org/10.1108/03074350110767385
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited