Introduction

David Rogers

Chapter Chapter 1 in The Big Four British Banks, 1999, pp 1-14 from Palgrave Macmillan

Abstract: Abstract This is a book about the evolution of the British commercial banking industry, as reflected primarily in the experiences of its four clearing banks — Barclays, Lloyds, Midland, and NatWest. The book concentrates mainly on the period since the 1960s, when the cosy, cartel position of the UK banks began to erode in the face of increasing competition. Though acknowledging the importance of history in shaping more recent developments, I limited myself to the past few decades for at least two reasons. First, banking scholars had already produced many detailed studies of the industry’s long history.1 Second, the changes taking place since the 1960s have been so momentous that they merit intensive study in their own right. Moreover, having reviewed several studies on how the industry had evolved before then, I could take that context into consideration in analyzing what was happening now.

Keywords: Financial Service; Banking Industry; Mutual Fund; Commercial Banking; Individual Bank (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27760-5_1

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DOI: 10.1007/978-1-349-27760-5_1

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