The Expansion of Corporate Groups in the Financial Services Industry: Trends in Financial Conglomeration in Major Industrial Countries

Financial Systems and Bank Examination Department
Additional contact information
Financial Systems and Bank Examination Department: Bank of Japan

No 2005-12-28, Bank of Japan Research Papers from Bank of Japan

Abstract: In recent years, a growing number of financial services companies in major industrial countries have begun to make inroads into each other's sectors, spurred by changing financial needs, innovations in financial engineering, deregulation, and a variety of other trends and developments. These companies include banks, securities companies, insurers, and even consumer finance and asset management/advisory firms. Among the most significant developments is the expansion of financial conglomerates, groups of financial institutions and firms that offer a wide range of services. Financial conglomerates have become notable in recent years for their growing size and the increasingly global nature of their operations.

Date: 2005-12-28
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.boj.or.jp/en/research/brp/ron_2005/data/ron0512b.pdf (application/pdf)

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:boj:bojron:05-e-1228b

Access Statistics for this paper

More papers in Bank of Japan Research Papers from Bank of Japan Contact information at EDIRC.
Bibliographic data for series maintained by Bank of Japan ().