Financial services firms play a key role in the European
economy. The efficiency and profitability of these firms and the
competition among them have an impact on allocation of savings,
financing of investment, economic growth, the stability of the
financial system and the transmission of monetary policy.
This collection of research contributions includes evaluations
of trends in the European financial service industry and
examinations of the driving forces of efficiency, competition and
profitability of financial firms and institutions in Europe. The
papers have been written by leading academics and researchers in
the field, who specialize in strategic, systematic and policy
issues related to the European financial services industry.
This edited collection will be will be essential reading for
students and academics but will also be of interest to financial
practitioners and government officials interested in acquiring a
deeper understanding of this complex issue.
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