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Titlebook: Banking in Switzerland; Niklaus Blattner,Hans Genberg,Alexander Swoboda Conference proceedings 1993 Springer-Verlag Berlin Heidelberg 1993

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期刊全称Banking in Switzerland
影响因子2023Niklaus Blattner,Hans Genberg,Alexander Swoboda
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学科分类Studies in Contemporary Economics
图书封面Titlebook: Banking in Switzerland;  Niklaus Blattner,Hans Genberg,Alexander Swoboda Conference proceedings 1993 Springer-Verlag Berlin Heidelberg 1993
影响因子Oliver Landmann Nobody needs to be convinced of the importance of banking for the Swiss economy. The financial sector grew well above average in the past decade and now accounts for almost 10 % of GDP. Compared to the economy-wide average, it creates more than double as much value added per employee and it is a major contributor to Swiss ex­ port revenues. But this is no cause for complacency. The industry is subjf:ct to rapid change as the competitive climate has become rougher nationally and internationally. Major structural weaknesses have corne to the surface which raise serious questions about the extent of the required structural adjustments. Thus, banking was an ideal candidate for a major case study in the framework of the National Research Programme No. 28 which is devoted to Switzerland‘s external economic challenges. The programme was commissioned by the Swiss government and is carried out by the Swiss National Science Foundation. The research project on the fmancial sector was directed by Professors Niklaus Blattner, Hans Genberg and Alexander Swoboda who assembled a team of research economists from the Graduate Institute of International Studies, the International Cent
Pindex Conference proceedings 1993
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Economies of Scale and Scope and Inefficiencies in Swiss Banking, which had stifled competition in the domestic market for the past half-century. In October 1991 the Spar- und Leihkasse Thun collapsed under the strain of mortgage loans gone sour in the wake of rising interest rates, shocking those accustomed to thinking that Swiss banks never fail. And in 1992 M
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Explaining the Presence of Foreign Financial Intermediaries in Switzerlandrs has always characterized an international financial center. A large share of the international transactions processed in those centers is carried out by foreign owned financial units. In London, branches and subsidiaries of foreign banks contributed 85 percent to all international bank lending in
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The Effects of Foreign Competition on Stock Markets: SEAQ International vs. Switzerlandopean secondary securities markets were facing a serious challenge. Most stock exchanges lost a significant part of their market share in the trading volume of domestic equities to London, where the SEAQ International (for short: SEAQ), a quote-driven screen-based market maker system, was introduced
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Banking Policy and Regulation in Switzerland: Summary and Implications of Two Years of ResearchCommittee on Financial Markets carries the title ‘Banks under Stress’ (OECD, 1992), and The Economist’s ‘A Survey of World Banking’ (May 2, 1992) is summarised on its cover by a dark painting of lost bankers on their way out through a revolving door, the whole piece of art entitled ‘Time to Leave’.
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Economies of Scale and Scope and Inefficiencies in Swiss Bankingoody’s downgraded the debt of Crédit Suisse and the Swiss Bank Corporation. The failure of the Spar- und Leihkasse Thun was especially unsettling. Not only the common acronym but also the similar cause of the collapse conjured up thoughts of the S&Ls in the US.
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