
Few sectors of the global economy have experienced the dynamic and structural change that has occurred over the past several decades in banking and financial services or as much turbulence and damage to the economy and to ordinary people. Regulatory and technological changes...

This is a revision of the business of global banking. With the increased globalization of the world economy few sectors are the equal of banking and financial services in dynamism or structural change. Roy C. Smith and Ingo Walter assess this transformation-its causes, its course...

Few sectors of the global economy equal banking and financial services in dynamism or structural change. In the mid-1980s, regulatory and technological change were the main catalysts for the transformation of the industry, making entrenched competitive structures obsolete and...