Banking Privatisation in Europe : The Process and the Consequences on Strategies and Organisational Structures

Banking privatisation represents one of the major forces which are significantly changing the banking sector in Europe. Studying the process of banking privatisation thus helps to understand the dynamics of the sector. This book analyses - from the perspective of both commercial banking and investment banking - the various processes of banking privatisation in Europe and their effects on the strategies and structures of banks. In its theoretical part, the book considers technical and financial aspects of banking privatisation from Spain, France, Italy, Norway, Germany, and Russia. An indispensable reading for investment bankers, regulators as well as policy-makers responsible for the existence of efficient and stable banking systems. Front Matter....Pages i-xiv Introduction....Pages 1-7 Front Matter....Pages 9-9 The Conversion Process from a State Enterprise into a Public Company....Pages 11-43 Methods of Privatisation Optimisation of the Objectives of Sellers and Investors and the Role of Financial Institutions....Pages 45-91 The Strategic and Organisational Effects of Bank Privatisation....Pages 93-117 Front Matter....Pages 119-119 The Spanish Experience: Argentaria Privatisation....Pages 121-137 Bank Privatisation in France and a Case Study of Banque Nationale de Paris....Pages 139-177 The Italian Experience....Pages 179-235 The Norwegian Experience: the Case of Den Norske Bank....Pages 237-268 Privatisation in the German Banking Sector....Pages 269-294 Privatisation of Russian Banks: the Case of Agroprombank....Pages 295-320 Back Matter....Pages 321-321