Introduction

Margaret Rothwell and Paul Jowett
Additional contact information
Paul Jowett: Monitor Company

Chapter 1 in Rivalry in Retail Financial Services, 1988, pp 1-16 from Palgrave Macmillan

Abstract: Abstract In the UK the market for retail financial services is a dynamic, fiercely competitive and complex sector of the economy; one in which strategic, marketing and tactical changes are of fundamental importance. In contrast to wholesale markets in which big business, governments and institutions borrow, lend and invest, the retail financial services ‘high street’ sector provides individuals with a proliferation of financial products or services, which may be categorized as follows: Cash transmission services: cheque accounts, travellers cheques, ATMs, EFTPOS, foreign exchange, credit cards. Borrowing services: (a) unsecured loans; personal loans and overdrafts; (b) home loans; endowment and repayment mortgages. Personal savings and investment: (a) savings accounts; sight and time deposits; (b) investments; national savings, unit trusts, securities, life assurance, managed accounts. Other financial services: advice, legal and fiduciary services, insurance, pensions. (See Tables 1.1(a), 1.1(b) and 1.2.)

Keywords: Financial Service; High Street; Building Society; National Saving; Home Loan (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:

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:pal:palchp:978-1-349-09655-8_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349096558

DOI: 10.1007/978-1-349-09655-8_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().