Advanced Search
MyIDEAS: Login

Multinational Banking and the New Spanish Armada: An Inter-Temporal Co-Evolutionary Approach

Contents:

Author Info

  • Sergio Castello

    (Spring Hill College)

  • John Olienyk

    (Colorado State University)

Registered author(s):

    Abstract

    Spanish banks, Group Santander and Banco Bilbao Vizcaya Argentaria (BBVA) are becoming the new Spanish armada. These two banks are transforming themselves into large, efficient, and very profitable financial institutions across the globe. A host of internal factors in the 1980s, as well as external ones in the 1990s gave Spain a platform to engage in multinational banking activities parallel and supportive of foreign direct investment (FDI). This paper explains the rise of Spanish banks qua multinationals in the global financial scene from its beginning in the early 1990s, accelerating in the latter part of the decade and early 2000s, within an inter-temporal co-evolutionary systems theory approach focusing on the micro-economic level strategic behavior of Spanish banks, while examining the macro-institutional and meso-level of the banking sector in which decisive national structural and industry qualitative changes have taken place and can be observed motivating domestic banks to expand overseas and to engage in asset exploiting while seeking more profitable markets.This paper was presented at the 18th International Conference of the International Trade and Finance Association, meeting at Universidad Nova de Lisboa, Lisbon, Portugal, May 21-23, 2008.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Paper provided by International Trade and Finance Association in its series International Trade and Finance Association Conference Papers with number 1112.

    as in new window
    Length:
    Date of creation: 06 Aug 2008
    Date of revision:
    Handle: RePEc:bep:itfapp:1112

    Contact details of provider:

    More information through EDIRC

    Related research

    Keywords:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bep:itfapp:1112. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.