British Model

Marcelo J. Sheppard Gelsi ()
Additional contact information
Marcelo J. Sheppard Gelsi: Universidad de Montevideo

Chapter Chapter 4 in Corporate Structure and Banking Resolution, 2024, pp 121-159 from Palgrave Macmillan

Abstract: Abstract The British model entails a parent bank company overseeing non-banking subsidiaries involved in insurance and securities operations. This structure is often referred to as the “bank-parent model” by some authors. Consequently, this chapter aims to scrutinize the UK banking system and juxtapose it with the German model, considering that the UK has also undergone structural reform affecting financial conglomerate operations. This chapter explores the essence of the British banking system, provides a brief historical overview of the UK banking sector and assesses the purported lack of connections between banks and industry. Subsequent sections analyse the various types of UK financial conglomerates and the implications of structural reform.

Keywords: British model; UK banking system; Structural reform; UK banking sector; Financial conglomerates; Bank-parent model (search for similar items in EconPapers)
Date: 2024
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:pmschp:978-3-031-59948-4_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031599484

DOI: 10.1007/978-3-031-59948-4_4

Access Statistics for this chapter

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