New cooperative banking in Europe : strategies for adapting the business model post crisis

목차 (Table of Contents)

• CONTENTS
• 1 An Overview of Cooperative Banking in Europe / Simon Cornée ; Lucrezia Fattobene ; Marco Migliorelli = 1
• 1.1 Cooperative Banks : Origins and Fundamental Principles in Today's World = 1
• 1.2 Types of Cooperative Banking Groups and Networks = 5
• 1.3 Size and Geographical Presence of Cooperative Banks in Europe = 8
• 1.4 Cooperative Banks and Relationship Banking = 13
• 1.5 Characteristics of the Support of Cooperative Banks to the Economy = 17
• 1.6 Stability of Cooperative Banks = 19
• 1.7 Cooperative Banks and Savings Banks = 20
• References = 22
• 2 The New Economic Scenario and Its Impact on the Cooperative Banking Business Model / Eric Meyer = 29
• 2.1 Introduction = 29
• 2.2 Key Elements of the New Economic Scenario = 30
• 2.3 The Impact of Extremely Low Interest Rates on Cooperative Banks = 34
• 2.4 Reacting to the New Economic Scenario = 43
• References = 45
• 3 Cooperative Banks Lending During and After the Great Crisis / Marco Migliorelli = 47
• 3.1 Introduction = 47
• 3.2 Lending / Behaviour of Cooperative Banks in the Different Areas of the Continent = 49
• 3.3 Lending Supply, Capitalisation and Non-performing Loans During the Great Crisis : The Italian Case = 68
• 3.4 Limits to the Countercyclical Role of Cooperative Banks = 82
• References = 84
• 4 Cooperative Banks and Banking Regulation in the EU : Key Elements / Marco Migliorelli = 87
• 4.1 Introduction = 87
• 4.2 The Cooperative Banking Singularity in the EU Regulation = 89
• 4.3 Relevant Aspects of Regulation for Cooperative Banks = 93
• References = 100
• 5 National Initiatives to Drive the Evolution of the Cooperative Banking Sector / Hans Groeneveld ; Roberto Di Salvo ; Juan Sergio Lopez ; Francesco Di Leo = 103
• 5.1 Introduction = 103
• 5.2 The Reform of the Cooperative Banking Sector in the Netherlands = 104
• 5.3 The Reform of the Cooperative Banking Sector in Italy = 114
• 5.4 Other Country-Level Developments in Europe from the Beginning of the Great Crisis = 129
• References = 137
• 6 The Governance of Cooperative Banks : Main Features and New Challenges / Eric Lamarque = 141
• 6.1 Introduction = 141
• 6.2 Features of the Cooperative Banking Model of Governance = 142
• 6.3 Models of Governance in Europe = 145
• 6.4 Cooperative Banks and Risk Appetite = 151
• 6.5 The Governance Bodies of Cooperative Banks = 155
• 6.6 The Challenges for the Cooperative Banks' Governance Model Under New Regulatory Provisions = 157
• 6.7 Conclusions = 159
• References = 160
• 7 The New Paradigm of Digital Proximity for Cooperative Banks / Tiphaine Gorlier ; Géraldine Michel ; Valérie Zeitoun = 163
• 7.1 Introduction : The Banks' Reputation Might Need Working On and Yet a Real Bond Is Actually There = 163
• 7.2 The Bank-Client Relationship, the Bank's Main Challenge Since Time Immemorial = 164
• 7.3 The Bank-Employee Relationship, a Connection Built on the Individual and Not Institutional Level = 168
• 7.4 Digital, a Lever of Competence and Positive Relations = 169
• 7.5 Cooperative Values, a Similar Vision Between Clients and Employees But Not Rooted in Banks' Own Identities = 173
• 7.6 Conclusions : Brand, a Lever for Cooperative Banks to Create Enduring Relations with Their Clients = 176
• Appendix 1 = 179
• Appendix 2 = 179
• References = 180
• 8 The Way Forward for Cooperative Banks / Silvio Goglio ; Ivana Catturani = 183
• 8.1 Introduction : Innovation and Cooperative Banks = 183
• 8.2 Keeping Membership at the Centre of the Project = 186
• 8.3 Aggregation Versus Many Independent Small Entities = 188
• 8.4 How to Leverage the Unique Relationship with the Client = 191
• 8.5 Cooperative Banks, Digitalization, and Fintech = 193
• 8.6 How to Limit the Regulatory Burden = 195
• 8.7 Conclusions = 196
• References = 199
• 9 The Cooperative Banks Today in the EU Perspective / Giorgio Caselli = 201
• 9.1 Introduction = 201
• 9.2 Cooperative Banks and Diversity in Banking = 203
• 9.3 `One-Fits-All' Regulatory Approach and Proportionality = 215
• 9.4 Diversity in Banking and Impact on Society = 222
• 9.5 Summary and Conclusions = 225
• References = 226
• 10 Cooperative Banking in Europe Today : Conclusions / Marco Migliorelli = 231
• 10.1 Stressing the Importance of Cooperative Banks in Europe = 231
• 10.2 An External Environment That Carries Unprecedented Challenges = 232
• 10.3 The Imperative of Restoring Profitability = 235
• 10.4 The Call for Challenging the Cooperative Business Model = 236
• References = 242
• Index = 243