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E-book
Author Olgu, Özlem, 1979-

Title European banking : enlargement, structural changes and recent developments / Özlem Olgu
Published Houndmills, Basingstoke, Hampshire, UK ; New York : Palgrave Macmillan, 2011

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Description 1 online resource (xxi, 263 pages) : illustrations
Series Palgrave Macmillan studies in banking and financial institutions
Palgrave Macmillan studies in banking and financial institutions.
Contents Introduction -- Creating a Functioning European Union -- Enlargement of the European Union -- Macroeconomic Structure of the EU Countries -- Banking Structures of the EU Countries -- Financial Integration, Efficiency and Balance Sheet Structure at European Banking Sector -- Global Financial Crisis and State of European Banking Sector -- Turkey- A Prospective Member Country -- Concluding Remarks
Summary Despite considerable progress on political and economic convergence over the last decade, the financial structures of the individual EU member states remain diverse. On the one hand, there was the introduction of the euro and on the other hand, an unprecedented enlargement from fifteen to twenty-seven countries. On top of this, Europe was hit hard by the recent global financial crisis. Olgu looks at the impact of this crisis on the process of European financial integration and concludes that it has not been homogenous. She demonstrates that the segments with the highest degree of integration were affected most by the crisis. In many cases, a sharp reversal can be seen in the positive trend over the period 2007-2008. In particular, she looks at the recent wave of M & A's in the banking sector which has changed the number of banks, branches and employees as well as performance scores. Finally, Olgu also highlights that there may be different indicators and causes of financial crises including political and institutional nature as well as bank specific factors that may be relevant for a particular country at a particular moment
Notes Includes index
Bibliography Includes bibliographical references and index
Notes English
Subject Banks and banking -- European Union countries
Financial services industry -- European Union countries
Banking -- Europe.
Credit & credit institutions -- Europe.
EU & European institutions -- Europe.
BUSINESS & ECONOMICS -- Banks & Banking.
BUSINESS & ECONOMICS -- International -- Economics.
BUSINESS & ECONOMICS -- Finance.
BUSINESS & ECONOMICS -- Money & Monetary Policy.
Finance and Accounting.
Banks and banking
Financial services industry
European Union countries
Form Electronic book
LC no. 2011008036
ISBN 9780230305915
0230305911
1283317710
9781283317719
9786613317711
6613317713