Transformation of Banks and Bank Services

Günter Franke ()

Journal of Institutional and Theoretical Economics (JITE), 1998, vol. 154, issue 1, 109-

Abstract: This paper analyzes the transformation of banks driven by innovations in financial products and in information technology, the liberalization of financial markets, and changes in bank regulation. A bank faces various strategic choices including its positioning in the life cycle of financial products and the range of products to be supplied. A peculiarity of the life cycle of a financial product is its demystification, characterized by its unbundling and private bundling of customers, and the marketization, characterized by the development of liquid and efficient markets for product components. Diversity in bank strategies is explained by differences in exogenous factors and in banks' abilities to manage demand-side economies and supply-side diseconomies of scope.

JEL-codes: G21 G24 G28 L1 (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mhr:jinste:urn:sici:0932-4569(199803)154:1_109:tobabs_2.0.tx_2-p

Ordering information: This journal article can be ordered from
Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany

Access Statistics for this article

Journal of Institutional and Theoretical Economics (JITE) is currently edited by Gerd Mühlheußer and Bayer, Ralph-C

More articles in Journal of Institutional and Theoretical Economics (JITE) from Mohr Siebeck, Tübingen
Bibliographic data for series maintained by Thomas Wolpert ().