Cross-border entry in European retail financial services : determinants, regulation, and the impact on competition

Providing a comprehensive assessment of the strategies of banks and insurance companies in the move towards an internal European market for financial services, this book analyzes the latest theoretical and institutional developments. It also provides a range of case studies of actual cross-border entry strategies of some of the largest European financial institutions. Front Matter....Pages i-xix Introduction....Pages 1-9 Cross-Border Penetration of Financial Services in the EC: Definitions and Evolution....Pages 10-30 The Regulatory Environment of Cross-Border Entry in EC Retail Financial Services....Pages 31-74 An Eclectic Theory of Cross-Border Entry in Retail Financial Services....Pages 75-107 Barriers to Cross-Border Entry in European Retail Financial Services....Pages 108-150 The Potential Impact of Foreign Entry on Domestic Competition....Pages 151-175 The Scale of Cross-Border Entry in EC Financial Services: an Aggregate Analysis....Pages 176-196 Cross-Border Entry in European Retail Banking: Interview Evidence and Case Studies....Pages 197-237 Cross-Border Entry in European Insurance: Survey Evidence and Case Studies....Pages 238-267 The Liberalisation of Inter-State Entry in US Banking: a comparative analysis....Pages 268-284 Cross-Border Entry in Retail Financial Services: Policy Implications....Pages 285-301 Conclusions....Pages 302-311 Back Matter....Pages 312-339 Providing a comprehensive assessment of the strategies of banks and insurance companies in the move towards an internal European market for financial services, this book analyzes the latest theoretical and institutional developments, and provides a range of case studies. Tobias C. Hoschka. Includes Bibliographical References (p. [312]-335) And Index. Published version of EUI PhD thesis, 1992