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London and Paris as International Financial Centres in the Twentieth Century$
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Youssef Cassis and Eric Bussière

Print publication date: 2005

Print ISBN-13: 9780199269495

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269495.001.0001

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French Banks and the Eurobonds Issue Market during the 1960s

French Banks and the Eurobonds Issue Market during the 1960s

Chapter:
(p.265) 13 French Banks and the Eurobonds Issue Market during the 1960s
Source:
London and Paris as International Financial Centres in the Twentieth Century
Author(s):

Eric Bussière (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199269495.003.0013

The first section of this chapter analyses the way the two banks fitted into the international market and managed, by putting their advantages and international alliances to good use, to win an enviable position in the Euroissues sector. The second section analyses the options open with regard to the positioning of French banks on that particular market once the initial leadership of the City banks had been challenged. The third second shows that the opening-up was embryonic and too short term. In the fourth section, however, it emerges that the activity of French banks on the international market was one of the means by which rivalry and competition were reintroduced, and that existing analyses of the role of the state in the liberalization of French banking and development of the French economy need some further thought.

Keywords:   France, international market, Euroissues, British banks, continental banks

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