LINKAGES OF FINANCIAL GROUPS IN THE EUROPEAN UNION
Financial Conglomeration Developments in the Old and
New Member States
Ingrid Ulst, European Investment Bank
Financial services industry has shown trends of increased
consolidation across different types of financial institutions.
This book focuses on the conglomeration of banking and
insurance activities among financial institutions of
the 15 old members of the European Union, and addresses
the development and impact of conglomeration linkages
between these fifteen and the ten new member states.
Most of the large groups combining banking and insurance
activities groups among the former member states of
the European Union are often linked to the largest such
institutions in the new member states, having created
the linkages mainly through Merger & Acquisition
Activities; with greater accent on the banking sector
and lesser connections on insurance side.
Financial conglomeration linkages between the EU-15
and the new member states highlight investment attractiveness
of the new members, with the appeal of new markets that
allow the presence of more participants. Both institution-specific
and country-specific factors play role in conglomeration
across the new member states.
Contents
Introduction; Chapter 1 Financial Conglomeration:
Economic and Legal Aspects; Chapter 2 Financial
Conglomeration in the European Union; Chapter 3
Financial Conglomerates of the European Union in The
new member states; Conclusion; References; Sources
of Research Data; Internet Sources; Databases; Abbreviations;
Index
2005
150 pages
ISBN 978-963-7326-12-7 cloth $39.95 / €33.95 / £27.00
ISBN 978-963-7326-11-0 paperback $21.95 / €18.95 / £14.99
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