The Future of Global Financial Services

by Robert E. Grosse (Thunderbird, The American Graduate School of International Management, Arizona)

• ISBN13: 9781405142403
• ISBN10: 1405142405
• Format: eBook
• Copyright: 2009-02-01
• Publisher: Wiley-Blackwell

Summary

This book explores the future of the financial services industry, giving readers an idea of the kinds of institutions and services that will survive in the early twenty-first century. An informative and provocative exploration of the future of the financial services industry. Focuses on likely changes in the near future, such as greater use of the Internet for banking transactions and the increasing globalization of financial services. Points to the probable disappearance of the insurance sector as a separate industry. Describes changing conditions in key financial centres, especially the US, the UK, Germany, Japan and Switzerland.

Table of Contents

Annonated List of Contents

Preface

Acknowledgments

The Environment

Introduction

The Globalization of Financial Services

The Virtualization of Financial Services

Government Regulation: The Second Key Factor Underlying Industry Structure

Competitive Strategies

The Financial Landscape: Organizations and Universal Banking (The Status Quo)

Competitive Strategies of International Financial Institutions

Competitiveness of Commercial Banks from Key Countries

Responding to the Challenge of the New Economy

Direction of the Sector

Why insurance wonÆt survive

Investment banking at the crossroads

Financial instruments and financial structures

Generation of long-term investment to support long-term bond & stock markets

Centers of international financial activity

Surviving the twenty-first Century

Index

Table of Contents provided by Publisher. All Rights Reserved.