Skip to main content
Top
Published in:
Cover of the book

2019 | OriginalPaper | Chapter

1. Bank Management After the Great Crisis

Authors : Mariarosa Borroni, Simone Rossi

Published in: Banking in Europe

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter provides an overview of the changes in the technological, competitive, regulatory and macroeconomic context that affected the banking sector over the years of the great international financial crisis. In particular, the dynamics linked to the entry into the market of new (and innovative) competitors, the opportunities deriving from the reshaping of the business model and the delicate balance between efficiency and competitiveness on the market are considered; the topic of the new rules affecting the banking sector in Europe is also critically examined.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
go back to reference Ayadi R., Bongini P., Casu B., Cucinelli D. (2018), Banks’ Business Model Migrations in Europe: Determinants and Effects, paper presented at “Financial Stability Implications of Fintech & Financial Innovation”, International Workshop on Financial System Architecture & Stability (IWFSAS), London, September 10–11 (version: 27th July 2018). Ayadi R., Bongini P., Casu B., Cucinelli D. (2018), Banks’ Business Model Migrations in Europe: Determinants and Effects, paper presented at “Financial Stability Implications of Fintech & Financial Innovation”, International Workshop on Financial System Architecture & Stability (IWFSAS), London, September 10–11 (version: 27th July 2018).
go back to reference Barth J.R., Trimbath S., Yago G. (eds.) (2004), The Savings and Loan Crisis: Lessons from a Regulatory Failure, Springer. Barth J.R., Trimbath S., Yago G. (eds.) (2004), The Savings and Loan Crisis: Lessons from a Regulatory Failure, Springer.
go back to reference BCBS – Basel Committee on Banking Supervision (2006), International Convergence of Capital Measurement and Capital Standards. A Revised Framework. Comprehensive Version, June. BCBS – Basel Committee on Banking Supervision (2006), International Convergence of Capital Measurement and Capital Standards. A Revised Framework. Comprehensive Version, June.
go back to reference BCBS – Basel Committee on Banking Supervision (2017), Basel III: Finalising post-crisis reforms, December. BCBS – Basel Committee on Banking Supervision (2017), Basel III: Finalising post-crisis reforms, December.
go back to reference BIS – Bank for International Settlements (2018), Annual Economic Report. BIS – Bank for International Settlements (2018), Annual Economic Report.
go back to reference Bonaccorsi di Patti, E., Gobbi, G. (2001), The changing structure of local credit markets: Are small business special?, Journal of Banking and Finance, 25: 2209–2237. Bonaccorsi di Patti, E., Gobbi, G. (2001), The changing structure of local credit markets: Are small business special?, Journal of Banking and Finance, 25: 2209–2237.
go back to reference Brainard L. (2015), Community banks, small business credit, and online lending, Speech at the Community Banking in the 21st Century, The Third Annual Community Banking Research and Policy Conference, cosponsored by the Federal Reserve System and Conference of State Bank Supervisors, Federal Reserve Bank of St. Louis, St. Louis, Missouri, 30 September. Brainard L. (2015), Community banks, small business credit, and online lending, Speech at the Community Banking in the 21st Century, The Third Annual Community Banking Research and Policy Conference, cosponsored by the Federal Reserve System and Conference of State Bank Supervisors, Federal Reserve Bank of St. Louis, St. Louis, Missouri, 30 September.
go back to reference Catturani I., Stefani M.L. (2016), Italian Credit Cooperative Banks, in Karafolas S. (eds.), Credit Cooperative Institutions in European Countries. Contribution to Economics, Springer Cham. Catturani I., Stefani M.L. (2016), Italian Credit Cooperative Banks, in Karafolas S. (eds.), Credit Cooperative Institutions in European Countries. Contribution to Economics, Springer Cham.
go back to reference CGFS – Committee on the Global Financial System (2018), Structural changes in banking after the crisis, CGFS Papers No. 60, January. CGFS – Committee on the Global Financial System (2018), Structural changes in banking after the crisis, CGFS Papers No. 60, January.
go back to reference Chishti S., Barberis J. (eds.) (2016), The FinTech Book. The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries, Wiley. Chishti S., Barberis J. (eds.) (2016), The FinTech Book. The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries, Wiley.
go back to reference Claessens S., Frost J., Turner G., Zhu F. (2018), Fintech credit markets around the world: size, drivers and policy issues, BIS Quarterly Review, September. Claessens S., Frost J., Turner G., Zhu F. (2018), Fintech credit markets around the world: size, drivers and policy issues, BIS Quarterly Review, September.
go back to reference Constancio V. (2016), Challenges for the European banking industry, conference “European Banking Industry: what’s next?”, University of Navarra, 7 July. Constancio V. (2016), Challenges for the European banking industry, conference “European Banking Industry: what’s next?”, University of Navarra, 7 July.
go back to reference Constancio V. (2017), Resolving Europe’s NPL burden: challenges and benefits, Keynote speech at an event entitled “Tackling Europe’s non-performing loans crisis: restructuring debt, reviving growth” organised by Bruegel, Brussels, 3 February. Constancio V. (2017), Resolving Europe’s NPL burden: challenges and benefits, Keynote speech at an event entitled “Tackling Europe’s non-performing loans crisis: restructuring debt, reviving growth” organised by Bruegel, Brussels, 3 February.
go back to reference Demirgüç-Kunt A., Klapper L., Singer D., Ansar S., Hess J. (2018), The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution, World Bank Group. Demirgüç-Kunt A., Klapper L., Singer D., Ansar S., Hess J. (2018), The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution, World Bank Group.
go back to reference Dermine J. (2016), Digital banking and market disruption: a sense of déja vu?, Banque de France, Financial Stability Review, no. 20, April. Dermine J. (2016), Digital banking and market disruption: a sense of déja vu?, Banque de France, Financial Stability Review, no. 20, April.
go back to reference Detken C., Peltonen T. (eds.) (2017), A new database for financial crises in European countries, European Systemic Risk Board, Occasional Paper Series, No. 13, July. Detken C., Peltonen T. (eds.) (2017), A new database for financial crises in European countries, European Systemic Risk Board, Occasional Paper Series, No. 13, July.
go back to reference Duke E.A. (2010), Small business lending, Testimony of Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, before the Committee on Financial Services and Committee on Small Business, US House of Representatives, Washington DC, 26 February. Duke E.A. (2010), Small business lending, Testimony of Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, before the Committee on Financial Services and Committee on Small Business, US House of Representatives, Washington DC, 26 February.
go back to reference EBA – European Banking Authority (2017), Risk Assessment of the European Banking System, November. EBA – European Banking Authority (2017), Risk Assessment of the European Banking System, November.
go back to reference ECB – European Central Bank (2017), Report on financial structures, October. ECB – European Central Bank (2017), Report on financial structures, October.
go back to reference ECB – European Central Bank (2018), Summary of Banking Industry Dialogue on 7 November 2018 in Frankfurt am Main, 27 November. ECB – European Central Bank (2018), Summary of Banking Industry Dialogue on 7 November 2018 in Frankfurt am Main, 27 November.
go back to reference ECB Banking Supervision (2018), SSM thematic review on profitability and business model. Report on the outcome of the assessment, September. ECB Banking Supervision (2018), SSM thematic review on profitability and business model. Report on the outcome of the assessment, September.
go back to reference ESRB – European Systemic Risk Board (2014), Is Europe Overbanked?, Reports of the Advisory Scientific Committee. ESRB – European Systemic Risk Board (2014), Is Europe Overbanked?, Reports of the Advisory Scientific Committee.
go back to reference ESRB – European Systemic Risk Board (2017), A new database for financial crises in European countries, Occasional Paper Series, No 13/July. ESRB – European Systemic Risk Board (2017), A new database for financial crises in European countries, Occasional Paper Series, No 13/July.
go back to reference FSB – Financial Stability Board (2017), Financial Stability Implications from FinTech, 27th June. FSB – Financial Stability Board (2017), Financial Stability Implications from FinTech, 27th June.
go back to reference FSI – Financial Stability Institute (2018), The identification and measurement of non-performing assets: a cross-country comparison, FSI Insights on policy implementation, Bank of International Settlements, No. 7, April. FSI – Financial Stability Institute (2018), The identification and measurement of non-performing assets: a cross-country comparison, FSI Insights on policy implementation, Bank of International Settlements, No. 7, April.
go back to reference Howcroft D. (2001), After the goldrush: deconstructing the myths of the dot.com market, Journal of Information Technology, volume 16, Issue 4, pp. 195–204.CrossRef Howcroft D. (2001), After the goldrush: deconstructing the myths of the dot.​com market, Journal of Information Technology, volume 16, Issue 4, pp. 195–204.CrossRef
go back to reference IMF – International Monetary Fund (2017), Global Financial Stability Report: Getting the Policy Mix Right, April. IMF – International Monetary Fund (2017), Global Financial Stability Report: Getting the Policy Mix Right, April.
go back to reference IMF – International Monetary Fund (2018), Global Financial Stability Report: A Decade after the Global Financial Crisis: Are We Safer?, October. IMF – International Monetary Fund (2018), Global Financial Stability Report: A Decade after the Global Financial Crisis: Are We Safer?, October.
go back to reference Jobst A., Weber A. (2016), Profitability and Balance Sheet Repair of Italian Banks, IMF Working Paper, WP/16/175.CrossRef Jobst A., Weber A. (2016), Profitability and Balance Sheet Repair of Italian Banks, IMF Working Paper, WP/16/175.CrossRef
go back to reference Logan A. (2001), The United Kingdom’s small banks’ crisis of the early 1990s: what were the leading indicators of failure?, Bank of England Working Paper 139. Logan A. (2001), The United Kingdom’s small banks’ crisis of the early 1990s: what were the leading indicators of failure?, Bank of England Working Paper 139.
go back to reference McKinsey (2017), Retail Banking Insights, April. McKinsey (2017), Retail Banking Insights, April.
go back to reference Panetta F. (2018), Fintech and banking: today and tomorrow, Harvard Law School Bicentennial, Annual Reunion of the Harvard Law School Association of Europe, 12 May. Panetta F. (2018), Fintech and banking: today and tomorrow, Harvard Law School Bicentennial, Annual Reunion of the Harvard Law School Association of Europe, 12 May.
go back to reference Preissl B., Bouwman H., Steinfield C. (2004), E-Life after the Dot Com Bust, Springer. Preissl B., Bouwman H., Steinfield C. (2004), E-Life after the Dot Com Bust, Springer.
go back to reference Reinhart C.M., Rogoff K.S. (2009), This Time is Different. Eight Centuries of Financial Folly, Princeton University Press. Reinhart C.M., Rogoff K.S. (2009), This Time is Different. Eight Centuries of Financial Folly, Princeton University Press.
go back to reference Roengpitya R., Tarashev N.A., Tsatsaronis K., Villegas A. (2017), Bank Business Models: Popularity and Performance, BIS Working Paper No. 682, December. Roengpitya R., Tarashev N.A., Tsatsaronis K., Villegas A. (2017), Bank Business Models: Popularity and Performance, BIS Working Paper No. 682, December.
go back to reference World Economic Forum (2017), Beyond Fintech: A Pragmatic Assessment of Disruptive Potential In Financial Services, August. World Economic Forum (2017), Beyond Fintech: A Pragmatic Assessment of Disruptive Potential In Financial Services, August.
Metadata
Title
Bank Management After the Great Crisis
Authors
Mariarosa Borroni
Simone Rossi
Copyright Year
2019
DOI
https://doi.org/10.1007/978-3-030-15013-6_1