ABOUT THIS BOOK

AUTHORS & EDITORS

Two contrasting trends have emerged from the intense integration and consolidation process that have swept the European and U.S. banking industry in the 1990s: the geographical diffusion of banking structures and instruments and the geographical concentration of banking power in a few financial centers within each country. The first trend has contributed to greatly reduce the operational distance that separates banks from their clientele. The second has increased the functional distance that separates the bank’s decision center from its operational branches.  The conflicting movements in operational and functional distances have left a mark on market structure, financial integration and regulation of the banking industry, and have induced a transformation in organizational structures, lending behavior and relationships between banks and firms. This book, not only surveys the great research effort that has been made recently on the geography of banking and finance, but also provides new insights and empirical evidence on how the geography of banking and finance has evolved and impacted its customers.

To request this book, please contact us through Info@SID.ir