ABSTRACT

This book examines the fundamental nature of banking in the economy of the 1970s and 80s, arguing that banking cannot be properly understood unless it is regarded as the retailing of financial services. In analysing the nature of banking the book demonstrates how banking might operate without regulatory constraints; surveys the patterns of regulatory constraint in a wide range of economies; analysis the effects of these various forms of constraint on the operation of a previously unregulated bank; examines the move to multinational banking; explores risks peculiar to multinational banking, whilst providing a diagrammatic illustration of those risks.

When originally published this was one of the first books to treat banking from both a theoretical and empirical perspective and is unique in reviewing the case of a completely unregulated commercial bank and following the progression of banking through to the multinational stage.

chapter |3 pages

Copyright

chapter |6 pages

Contents

chapter |2 pages

Preface

chapter |4 pages

Introduction

part |2 pages

Part 1: The Nature of Banking

chapter 1|5 pages

The Origins of Modern Banking

chapter 2|4 pages

The Essence of Banking

chapter 3|7 pages

The Banker as a Retailer of Services

chapter 5|3 pages

A Modified Unregulated World

chapter 7|3 pages

Loans and the Holding of Reserves

chapter 8|2 pages

The Costs of Banking Operations

chapter 9|3 pages

Constraints on the Scale of Operations

chapter 10|6 pages

The Diagrammatic Model

chapter 11|1 pages

Conclusion

part |2 pages

Part 2: The Impact of Regulation on Domestic Banks

chapter 1|2 pages

Introduction

chapter 2|3 pages

The Regulation of Banking

chapter 3|15 pages

Controls on Banking in the United Kingdom

chapter 4|7 pages

The Regulation of Banking in France

chapter 6|9 pages

The Banking System in the Netherlands

chapter 7|8 pages

Banking Regulation in Belgium 1

chapter 8|6 pages

Banking in Ireland

chapter 9|6 pages

The Control of Banking in Italy

chapter 10|7 pages

Banking Regulation in Denmark

chapter 11|9 pages

Banking Regulation in Norway

chapter 12|6 pages

Banking Regulation in a United Europe

chapter 13|14 pages

Banking Regulation in the United States

chapter 14|6 pages

Banking Controls in Japan

chapter 15|15 pages

Banking Regulation and Reform in Canada

chapter 16|10 pages

Banking Regulation in South Africa

chapter 17|8 pages

The Banking System in Australia

chapter 20|5 pages

The New Banking System in Indonesia

chapter 22|7 pages

Banking in the Arab Republic of Egypt

chapter 23|1 pages

Conclusion

part |2 pages

Part 3: Introducing Regulation into the Model of Uncontrolled banking

chapter 1|3 pages

Introduction

chapter 2|5 pages

The Impact of Reserve Requirements

chapter 3|4 pages

The Effect of Interest Rate Constraints

chapter 5|4 pages

The Impact of Indirect or Market Controls

chapter 6|4 pages

The Role of Capital under Regulation

chapter 7|5 pages

The Combination of Constraints

chapter 8|4 pages

Is Regulation Effective?

chapter 10|2 pages

Conclusion

part |2 pages

Part 4: The Move to Multinational Banking

chapter 1|2 pages

Introduction

chapter 3|8 pages

Moving into Multinational Banking

chapter 4|3 pages

The Nature of Multinational Banking

chapter 5|9 pages

Consortium Banking

chapter 6|10 pages

Roll- over Risk and Mismatching

chapter 9|7 pages

Exchange Rate Risk: Sovereign Risk

chapter 12|2 pages

Conclusion

part |2 pages

Part 5: The Supervision and Regulation of Multinational Banking

chapter 1|3 pages

Introduction

chapter 5|2 pages

Conclusion