Aspects of International Banking Globalization

Botiº Sorina ()
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Botiº Sorina: Transilvania University Bra?ov, Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 13-18

Abstract: Affected by changes in the global economic climate, the banking industry adapts, increasing its possibilities of acces to funds by entering the capital markets, in direct competition with securities companies, insurance companies, mutual funds, pension funds and also, diversifying its portofolio of products and services using specific tools adapted to new markets, increasing its profitability and reducing their risks as a result of activities like financial markets transactions and generating revenue through commissions. The main objective of this paper is to highlight the recent evolution and the major consequences of banking globalization, the growth of banking mergers and acquisitions, the major contributing factors to international banking sector consolidation , the role of banks in the international transmission of shocks and how the banking markets are affected by the recent financial crisis

Keywords: banking globalization; financial group; mergers; acquisitions; crisis (search for similar items in EconPapers)
JEL-codes: F6 G21 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:13-18

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