WHY DO LARGE U.S. BANKS OUTPERFORM THEIR EUROPEAN COUNTERPARTS?
Alan Gart
(Professor and Associate Professor, Graduate School of Business and Entrepreneurship, Nova Southeastern University, Fort Lauderdale, FL 33115.)
Edward M. Pierce
(Professor and Associate Professor, Graduate School of Business and Entrepreneurship, Nova Southeastern University, Fort Lauderdale, FL 33115.)
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Abstract
This paper examines the strategies and financial ratios of the largest U.S. and European banks. Why are bank profitability ratios in the U.S. and U.K. vastly superior to those in Germany and Switzerland? Is this related to accounting, tax, economic, or regulatory differences, uses of funds, or management quality?
Citation
Gart, A. and Pierce, E.M. (1998), "WHY DO LARGE U.S. BANKS OUTPERFORM THEIR EUROPEAN COUNTERPARTS?", Studies in Economics and Finance, Vol. 19 No. 1/2, pp. 27-47. https://doi.org/10.1108/eb028746
Publisher
:MCB UP Ltd
Copyright © 1998, MCB UP Limited