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The Structure of the Banking System Between the 1960s and the 1980s

In: The UK Banking System and Its Regulatory and Supervisory Framework

Author

Listed:
  • Carlo Gola
  • Alessandro Roselli

Abstract

This chapter can be really defined as ‘historic’, because of the great changes that have affected the British banking system after the 1980s. Even if no gap can be found in the evolution — institutional, structural, operational — of the system (‘historia non facit saltus’), it’s undeniable that the present configuration bears only a thin resemblance to the previous morphology, legislation, functions. At the same time, this retrospective view of the banking and financial industry, also in its interactions with public policy issues and cultural frameworks then prevailing, is useful in order to put in focus the situation of today, and to understand better the most recent turmoil and its possible (not necessary) outcomes.

Suggested Citation

  • Carlo Gola & Alessandro Roselli, 2009. "The Structure of the Banking System Between the 1960s and the 1980s," Palgrave Macmillan Studies in Banking and Financial Institutions, in: The UK Banking System and Its Regulatory and Supervisory Framework, chapter 1, pages 3-18, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-23577-9_1
    DOI: 10.1057/9780230235779_1
    as

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