The Future of Financial Systems and Services: Essays in Honor of Jack Revell [Paperback]

This volume of essays comprises a systematic collection of views from scholars and practitioners on the future of financial systems and services and reflects the fact that the financial industry worldwide is involved in a major restructuring process.Part 1 Jack Revell, Edward P.M.Gardener. Part 2 Evolution and development of financial systems: competition and structural change in the British financial system, David Llewellyn; the process of change in Belgian banking, Jean Paul Abraham; the impact of securitization and internationalization on market imperfections - implications for regulatory reform and the structure of the payments system, Robert Eisenbeis; the banking and financial system in Argentina - the history of a crisis, Elisabetta Montanero. Part 3 Money and capital markets: UK indexed gilts - a case study of financial innovation, Charles Goodhart; recent developments in the money market, Ray Shaw; bank borrowing, small firms and the USM, Roger Buckland and Edward Davis. Part 4 International banking and finance: international bank profitability - theory and evidence, P.Bourke; towards a restructuring of the international financial services industry - some preliminary empirical and theoretical insights, Joel Metais; the role of Swiss banks in international finance, Leo Schuster; obstacles to trade in insurance, Robert Carter. Part 5 Managerial and micro aspects of financial institutions: banking as insurance, Martin Lewis; the growth of asset and liability management, Richard Harrington; financial conglomeration - a new challenge for banking, Edward P.M.Gardener; one-stop financial service delivery opportunities in a world of automated self-service banking - some evidence form the United States, Neil Murphy.