The New European Financial Market Place Book

Ch. 1	Introduction and overview	1
Pt. 1	The Changing Scope for European Banking	29
Ch. 2	Economies of scale and scope in national and global banking markets	31
Ch. 3	Universal banking in the integrated European marketplace	49
Ch. 4	Regulation and financial market integration	68
Ch. 5	Mergers and acquisitions in banking	79
Ch. 6	Competition between banks and insurance companies - the challenge of bancassurance	92
Pt. 2	Towards Pan-European Capital Markets	103
Ch. 7	Ten years of innovation in Europe: development of markets and change in financial behaviour	105
Ch. 8	Monetary integration versus financial market integration	134
Ch. 9	Capital adequacy and European securities markets	147
Pt. 3	Financial Intermediation and Economic Growth	161
Ch. 10	Financial innovation, regulation and investment: international aspects	163
Ch. 11	Savings, financial innovations and growth	192
Ch. 12	The allocation of savings in a liberalised European capital market	208
Ch. 13	International trade in banking services: a conceptual framework	221
Pt. 4	Banking and Finance in Eastern Europe	251
Ch. 14	The role of finance in the restructuring of Eastern Europe	253
Ch. 15	The role of multilateral lenders in the reform process of Eastern European countries	263
Ch. 16	Outlook for finance and banking in Central and Eastern Europe: strategic imperatives and foreign capital	271
Ch. 17	Dresdner Bank's strategy in the former German Democratic Republic	281
	List of contributors	288
	Index	290