Whither Financial Intermediation? Managerial and Regulatory Issues

Zuhayr Mikdashi

Chapter 25 in Financial Intermediation in the 21st Century, 2001, pp 249-307 from Palgrave Macmillan

Abstract: Abstract The financial landscape is undergoing a substantial transformation, with growing cross-border capital movements, ongoing consolidation in the banking and financial services industry, and new functions and methods in financial intermediation. Many factors are contributing to this transformation: the dismantling of certain government restrictions, the acceleration of competition, new customer needs or behaviours, innovations in financial products and staggering advances in information technology.

Keywords: International Monetary Fund; Credit Risk; Federal Reserve; Hedge Fund; Wall Street Journal (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29412-7_25

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DOI: 10.1057/9780230294127_25

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