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Bank Strategies and Challenges in the New Europe

Both in global and European banking markets, banks and banking are undergoing fundamental changes. Deregulation, competition, technology and other developments have extended the frontiers of banking into the wider and ever-expanding financial services industry. Bank Strategies and Challenges in the New Europe brings together the work of leading European researchers in banking and finance in a blend of theory, practice and empirical study. The contributors situate banking within this new environment by exploring key issues such as the impact of technological advances, changes in delivery and payment systems, EMU and the convergence of EU banking sectors, competition, regional investment, offshore banking, capital adequacy and risk management.

To answer these questions, we must develop a different perspective on distribution, a well-known concept that has been successful for several decades but is becoming obsolete in the digital era. 5.2 Distribution concepts It is not the ...