Jump to ContentJump to Main Navigation
Global Banking$
Users without a subscription are not able to see the full content.

Roy C. Smith, Ingo Walter, and Gayle DeLong

Print publication date: 2012

Print ISBN-13: 9780195335934

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780195335934.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 January 2020

Managing Competitive Global Banking Firms

Managing Competitive Global Banking Firms

Chapter:
(p.409) Chapter 17 Managing Competitive Global Banking Firms
Source:
Global Banking
Author(s):

Roy C. Smith

Ingo Walter

Gayle Delong

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195335934.003.0017

This chapter discusses the evolution of the financial services industry in order to determine future opportunities and challenges. In the past, because of deregulation, technological advances, and globalization, many different types of financial services firms, following different business strategies, have converged into the capital markets arena. This has greatly increased competition, to the benefit of market users, but it has also greatly increased the risks associated with being a major wholesale banking firm. The coming years will represent great challenges to most of the world's large financial service organizations, as they continue to compete for market share in a tougher regulatory environment and to recover their higher market valuations. These firms will have to rethink their basic business strategies and attempt to reposition themselves to maximize their comparative advantages, but also need to be able to control the formidable risks inherent in the strategies selected.

Keywords:   deregulation, globalization, technological advances

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .