Introduction
Alfred Slager
Chapter 1 in The Internationalization of Banks, 2006, pp 1-10 from Palgrave Macmillan
Abstract:
Abstract This book is concerned with the growing importance of the internationalization of banks. Banking strategy increasingly evolves into international banking strategy with geographic and regulatory borders receding, and information technologies rapidly expanding. For bank managers, future prospects are increasingly determined by their banking activities outside the home country. Nine of the 25 largest banks in the world now have more foreign than domestic activities; something only the British Standard Chartered Bank could claim ten years earlier. The interdependency between banks and foreign banking markets has also increased dramatically; cross border mergers and acquisitions are on the rise.
Keywords: Gross Domestic Product; Large Bank; Foreign Asset; Foreign Banking; Internationalization Strategy (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-62504-4_1
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DOI: 10.1057/9780230625044_1
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