British banking strategy and the international challenge

목차 (Table of Contents)

• CONTENTS
• Preface = xi
• 1 BANKING AND THE STERLING MONEY MARKETS = 1
• Introduction = 1
• The Sterling Money Markets = 2
• The Classical Market = 4
• The Discount Houses in Other Markets = 7
• The Growth of the Parallel Money Markets = 9
• The Effects of the Secondary Crash = 15
• 2 THE STRUCTURE AND STRATEGY OF THE BANK OF ENGLAND = 17
• The Early History of the Bank = 17
• The Bank's Present Activities = 18
• The Organisation of the Bank = 20
• The Operating Departments = 21
• The Bank and the Money Markets = 24
• The Introduction of 'Competition and Credit Control' = 27
• Problems in Bank Definitions = 28
• The Development of the Bank's Supervisory Role = 29
• Toward a New Statutory Basis for Banking = 33
• Conclusion = 34
• 3 THE AWAKENING OF THE CLEARING BANKS = 36
• Early History = 38
• The Sleeping Giants = 40
• The 1968 Merger Rush = 42
• The Awakening of Competition = 44
• The Impact of Computer Technology = 44
• Diversification of Services = 46
• The Divisionalisation of Corporate Structure = 55
• 4 THE THREATENED WORLD OF MERCHANT BANKING = 62
• The Origins of the Merchant Banks = 64
• The Merchant Banks since 1975 = 66
• Diversification and the Decline of Demarcation = 73
• Size and its Impact on Ownership = 79
• Changes in Organisation and Control = 83
• Conclusion = 88
• 5 THE GREAT SECONDARY BANKING CRASH = 89
• The Environment of the Secondary Boom = 90
• The Financial Chain Letter = 91
• The Expanding Money Bubble and the Property Boom = 93
• The Bursting of the Bubble = 95
• The Biggest Secondary of Them All = 97
• The Launching of the Lifeboat = 98
• The Storm Worsens = 99
• The Eye of the Storm = 100
• The Tide Turns = 101
• The Slow Return to Port = 103
• The London and County Report = 104
• The Lessons of the Crash = 105
• 6 THE INTERNATIONAL MONEY MARKETS = 108
• Characteristics of the Eurodollar Market = 108
• The Eurobond Market = 112
• The London Foreign Exchange Market = 114
• The London Money Brokers = 116
• Crises in the International Money Markets = 119
• The Impact of the Crises = 121
• 7 THE BRITISH BANKS GO MULTINATIONAL = 125
• The Divergent Strategies of the Clearing Banks = 125
• New Strategies for British Overseas Banks = 135
• The Merchant Banks go Multinational = 137
• The Geographical Expansion of the Major Banks = 141
• Conclusions = 147
• 8 THE FOREIGN BANK INVASION = 150
• The American Challenge = 153
• The Japanese Thrust = 165
• The Strategies of the European Banks = 166
• Conclusion = 168
• 9 THE EMERGENCE OF CONSORTIUM BANKING = 169
• The Rationale of Consortium Banking = 177
• The Formation and Development of the European Banking Clubs = 178
• The Development Problems of Consortium Banking = 181
• Recent Trends in Consortium Banking = 183
• The Future for Consortium Banks = 186
• 10 TOWARDS THE GLOBAL FINANCIAL CONGLOMERATE = 189
• The American Pattern of Global Banking = 190
• The Strategic Responses = 197
• The Threat of Political Intervention = 198
• Index = 200