British and German Banking Strategies (Palgrave Macmillan Studies in Banking and Financial Institutions)

Cover......Page 1
Contents......Page 6
List of Tables and Figures......Page 10
Abbreviations......Page 12
Acknowledgements......Page 14
Preface......Page 15
1 Setting the Scene......Page 16
2.2 The rationale for banking regulation......Page 23
2.4 Legal definition of a bank in the United Kingdom......Page 25
2.5 Legal definition of a bank in Germany......Page 27
2.6 Microeconomic definition of a bank......Page 30
2.7 Macroeconomic definition of a bank......Page 32
3.1 Introduction......Page 34
3.2 Strategy analysis in its historical context......Page 36
3.3.1 Strategy as plan......Page 42
3.3.2 Strategy as pattern and structure......Page 44
3.3.3 Strategy as perspective......Page 45
3.3.4 Strategic positioning......Page 46
3.3.5 Strategy as ploy and tactic......Page 48
3.3.6 Between micro and macrostructure: \"strategy\" in this book......Page 49
3.4 Economic structures revisited – competitive forces in the banking industry......Page 50
3.4.1 A framework for competition analysis......Page 51
3.4.2 Barriers to entry in banking......Page 53
3.4.3 Analysis of competition among established players in a banking market......Page 57
3.4.4 The substitution problem for banking products and services......Page 59
3.4.5 The bargaining power behind a bank\'s asset-liability management......Page 62
3.5 A bank\'s resources determine its core competence......Page 70
3.6 Banking: the link between micro- and macrostructures......Page 75
4.1 Introduction......Page 80
4.2.1 Introduction and status quo in 1993......Page 93
4.2.2 Income structure......Page 95
4.2.3 Cost and risk management......Page 103
4.2.4 Asset-liability structure......Page 106
4.2.5 Profitability......Page 108
4.2.6 Conclusion......Page 109
4.3.1 Introduction and status quo in 1993......Page 110
4.3.2 Income structure......Page 111
4.3.3 Cost and risk management......Page 120
4.3.4 Asset-liability structure......Page 122
4.3.5 Profitability......Page 124
4.3.6 Conclusion......Page 125
4.4.1 Introduction and status quo in 1993......Page 127
4.4.2 Income structure......Page 129
4.4.3 Cost and risk management......Page 137
4.4.4 Asset-liability structure......Page 139
4.4.5 Profitability......Page 141
4.4.6 Conclusion......Page 142
4.5.1 Introduction and status quo in 1993......Page 143
4.5.2 Income structure......Page 145
4.5.3 Cost and risk management......Page 154
4.5.4 Asset-liability structure......Page 156
4.5.5 Profitability......Page 158
4.5.6 Conclusion......Page 159
4.6.1 Introduction and status quo in 1993......Page 160
4.6.2 Income structure......Page 162
4.6.3 Cost and risk management......Page 170
4.6.4 Asset-liability structure......Page 172
4.6.5 Profitability......Page 174
4.6.6 Conclusion......Page 175
4.7.1 Introduction and status quo in 1993......Page 176
4.7.2 Income structure......Page 178
4.7.3 Cost and risk management......Page 187
4.7.4 Asset-liability structure......Page 191
4.7.5 Profitability......Page 194
4.7.6 Conclusion......Page 195
4.8.1 Introduction and status quo in 1993......Page 196
4.8.2 Income structure......Page 198
4.8.3 Cost and risk management......Page 205
4.8.4 Asset-liability structure......Page 207
4.8.5 Profitability......Page 209
4.8.6 Conclusion......Page 210
4.9.1 Introduction and status quo in 1993......Page 211
4.9.2 Income structure......Page 213
4.9.3 Cost and risk management......Page 223
4.9.4 Asset-liability structure......Page 227
4.9.5 Profitability......Page 229
4.9.6 Conclusion......Page 230
5.1 Introduction......Page 233
5.2 Discussion of the findings from each case study......Page 234
5.3 Cross-case pattern analysis......Page 240
5.4 Bridging the micro/macro divide in European economic integration......Page 248
5.5 Epilogue – daring an outlook......Page 256
Bibliography & Sources......Page 260
C......Page 302
F......Page 303
M......Page 304
S......Page 305
Z......Page 306