European Banks and the American Challenge Competition and Cooperation in International Banking Under Bretton Woods

by Battilossi, Stefano; Cassis, Youssef

• ISBN13: 9780199250271
• ISBN10: 0199250278
• Format: Hardcover
• Copyright: 2002-06-20
• Publisher: Oxford University Press

Summary

This volume concentrates on the international banking revolution of the 1960's and includes a new and important outlook on the groundwork for financial globalization, based on historical perspectives. The four major issues addressed in this book are the revival of London as a strong and competitive world financial center, emergence of Euro-banking as a new benchmark of growth for credit institutions, growing competition between American financial institutions and their global counterparts, and the Strategic response of European and Continental institutions.

Table of Contents

List of Figures	viii
List of Tables	ix
Notes on Contributors	x
Introduction: International Banking and the American Challenge in Historical Perspective	1	(35)
Stefano Battilossi
Before the Storm: European Banks in the 1950s	36	(17)
Youssef Cassis
United States Banks and Europe: Strategy and Attitudes	53	(21)
Richard Sylla
International Financial Centres, 1958-1971: Competitiveness and Complementarity	74	(29)
Catherine R. Schenk
Banking with Multinationals: British Clearing Banks and the Euromarkets' Challenge, 1958-1976	103	(32)
Stefano Battilossi
Clubs and Consortia: European Banking Groups as Strategic Alliances	135	(26)
Duncan M. Ross
European Aspirations and Market Reality: Paribas, the Credit Lyonnais, and their European Strategies in the 1960s and 1970s	161	(16)
Eric Bussiere
German Banks and the American Challenge	177	(23)
Ulrich Ramm
Central Banks and the Process of Financial Internationalization: A Secular View	200	(19)
Harold James
Index	219